Wednesday, June 1, 2011

Smolensky Bank reduces rates on car loans

On May 23 Smolensky Bank car loan conditions become much more loyal. The interest rate on the loan in U.S. dollars / euros reduced to 11% of the loan in rubles - she became differentiated from the start (lowest) to 13% abroad. "We have decided to make rates on car loans more flexible, based on our customers' wishes and demands of the market, - says head of department for development and implementation of banking products Smolensky Bank Irina Barkov. - Now the cost of credit to the borrower is determined depending on his starting opportunities to pay the initial payment and the loan period. In Smolensk, the Bank sold five car loan programs that take into account the different needs and opportunities of residents of the city and region. The Bank regularly carries out activities aimed at increasing the availability and quality of service for issuing avtozaymov: reduced rates, abolished the requirement of a down payment on some products, a program of state subsidies of interest rates, etc.

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