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Erste Leasing to open used car dealership

Erste Leasing, the leasing arm of Erste Bank, will open a used car dealership together with Gablini, Erste told MTI on Thursday.

The dealership, called Erste Auto, is the first to be opened by a Hungarian leasing company.

Erste decided to enter the business to reduce their stock of non-performing loans. (MTI-ECONEWS)