UkrSibbank Car Loans Portfolio Exceeds USD 722 mln
OREANDA-NEWS. September 01, 2008. Loan portfolio of JSCIB “UkrSibbank” on car loans program made up USD 722 558 000, with a year-to-date increase of USD 147 619 000. Thus, the surplus amounts to 20.43%, reported the press-centre of UkrSibbank.
“Car loan is currently one of the most popular and needed loans. The bank grants 3000 car loans every month. Interest rates on the loan make up 20.9% in UAH, 14.0% in USD, 13.0% in EUR. The maximum loan term covers 84 months depending on the car brand,” emphasized Ivan Istomin, Head of Individual Business Development Department. “In general, the number of the clients of “UkrSibbank” has exceeded 63 thou borrowers, since car loans program was launched in 2001.”
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