OREANDA-NEWS. February 17, 2010. Raiffeisenbank has resumed issuing USD loans under its new-car-purchase programme, reported the press-centre of Raiffeisenbank.   

Under the terms of its programme for the purchase of new foreign cars, interest rates are from 11.5% to 13.5% APR if the borrower takes out payment-protection insurance, and from 14% to 16% if he does not do so. The minimum deposit is 20% of the car’s cost.

USD car loans can be taken out in any region where the Bank operates.

Raiffeisenbank made changes to its car-loan tariffs in October 2009, when it lowered the interest rates on all roubles programmes by 4.5%.