RIA Oreanda, Russia
Economic News
July 9, 2009 Thursday
Unibank Armenia Launched New Program for Car Crediting
Yerevan. OREANDA-NEWS . July 9, 2009. Unibank launched a new program
for car crediting U-Auto, within the framework of which loans up to
USD 70 thousands are issued for purchasing car in the primary
market. The loan is provided for the term of 4 years, the annual
interest rate in USD starting from 20%, minimum prepayment 20%.
The program provides for the right of the customer to fully or
partially repay the debt ahead of time without collection of
commission fees. As of May 31, 2009, Unibank portfolio of car credits
made USD 24.6mln.