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A loan is an amount of money borrowed by a lender from a bank or a financial institution for a fixed period of time. A loan is essentially a debt which has to be paid to the lender with interest until the entire loan amount has been repaid. Today, loans play an integral part in our financial and social well-being by helping us manage our finances.
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Estonia’s LHV, Danske Bank sign business transfer agreement of private loans and Danske Bank A/S signed the business transfer agreement, according to which LHV Pank will acquire the unit involved with private loans of Danske Bank’s Estonian branch, that essentially consists of.