OREANDA-NEWS. January 16, 2009. In a new kind of service, Sviaz-Bank gives a delay of up to one year on principal of standard consumer loans made to individuals, reported the press-centre of Sviaz-Bank.

Customers whose financial position has deteriorated because of the current economic situation qualify to file applications to the Bank requesting for a delay on standard consumer loans.

"We want to meet halfway customers who have found themselves, because of the crisis, in a difficult situation lost a job or had their pay cut. In this economic situation for our customers, the Bank is ready to offer a delay of up to one year in loan principal repayment," said Senior Vice President Arkady Komiaginsky.