OREANDA-NEWS. August 29, 2007. In August Ukrsotsbank has decreased interest rates for car loans in national currency from 16,5% to 14,05% per annum, reported the press-centre of Ukrsotsbank.

“Having decreased interests for car loans our Bank make one of the most attractive offer for its clients in this market, - Ukrsotsbank Deputy Chairman, Iryna Kniazeva says. – Ukrsotsbank constantly reduces gap between interest rates in USD and UAH loans. The new offer has a range of advantages for those our clients who have constant sources of income in national currency. If before majority of them preferred crediting in USD because of serious difference in interest rates now this factor fades away. Moreover, clients don’t have to bear expenses on foreign currency exchange and take into account exchange risks etc”.

As by the Bank’s press service, JSCB “Ukrsotsbank” car loans portfolio exceeded UAH 1.6 billion and continues to grow quickly.