OREANDA-NEWS. March 18, 2008. The Bank of Moscow announces an extension of the credit term under the "Express-autocredit" programme from 25 March, 2008. The credit term for both Russian-made and foreign-made cars and second-hand foreign-made cars (no more than 2 years old at the time of purchase) has now been extended to 5 years.

The advantages of the Express-autocredit are as follows:
Rapid execution — a decision is made within 1 hour;
Minimum set of documents required: just the buyer’s passport (original) is needed and no confirmation of work or income.

"Auto-crediting is one of the most attractive retail business products. We are striving to take account of the wishes of customers with different requirements and possibilities, so the number and quality of our programmes can only increase", says Anna Bogovalova, head of the Bank of Moscow auto-crediting department.