OREANDA-NEWS. January 14, 2007. In 2007 PRAVEX-BANK's program "Car crediting" kept developing actively, and Bank kept issuing credits for cars purchase, and PRAVEX-BANK's share at car crediting market is constantly growing, reported the press-centre of PRAVEX-BANK.

"This year we did not feel traditionally calm and summer period, which is characterized by decrease of car sale volume. Volumes of car loans issue in PRAVEX-BANK is constantly growing and in 2007 exceeded 1000 loans per month", — comments Volodymyr Borovik, head of department of individuals' crediting for car purchase of PRAVEX-BANK.

Thus for 2007 there were issued loans for the amount more than USD 97 m, that twice more than for 2006. As of today car loan portfolio in PRAVEX-BANK constitutes more than USD 120 m.

Such growth is reached due to that fact that PRAVEX-BANK constantly implements new crediting programs, doing "Carcrediting" service more attractive for its clients. Together with new one crediting schemes, common for our clients earlier implemented, keep working. Thus in 2007 PRAVEX-BANK introduced additionally new crediting program of individuals for car purchase — "CAR LOAN: ALL INCLUSIVE". New scheme of issue of car loan foresees inclusion in credit amount not just car overall cost but amount of all banking commission payments, and also amount of insurance payments КАSКО car and client's civil liability.

It is important to note that PRAVEX-BANK ranked the first in accordance with results of rating "The best loans in USD for car purchase" of magazine "Personal account". This rating confirms that rates in PRAVEX-BANK are one of the most profitable at the market and constitutes: in EUR — from 9,99%, in USD — from 11,99%, in UAH — from 15,49%.

For today crediting term and maximal filling on credit under this program in PRAVEX-BANK are the most interesting at the market and constitute: maximal term — 7 years, initial payment per car — from 0%.

PRAVEX-BANK's clients can draw up a credit at any of 565 outlets, located all over territory of Ukraine. It is possible to learn more detailed information at Bank's services telephones.