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    Raiffeisenbank prolonged the repayment period and decreased the interest rates on Car Loan for corporate clients

    29.12.2004
     

    In December 2004, Raiffeisen prolonged the repayment period and decreased the interest rates on the product “Car Loan”, intended for corporate clients. With that loan can be financed the purchasing of new or up to 2 years old cars and vans, as well as new and up to 4 years old trucks.

    The repayment period has been prolonged from 48 months and now it can be up to 60 months, and the interest rates are already between 8.5% and 9,5%, depending on the term of the loan. As collateral the bank accepts pledge on the purchased automobile. The companies receive an approval answer for “Car Loan” within 5 working days after having submitted all the required documents. The maximum amount of the loan can be up to EUR 120 000, with dawn payment minimum 10% of the price of vehicle.

    The companies applying for “Car Loan” from Raiffeisen can additionally negotiate larger amount of loan and financing of the VAT.

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    E-mail: press.pr@raiffeisen.bg

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