OREANDA-NEWS. March 25, 2010. With the aim to promote the measures taken for growth of the Bank’s loan portfolio starting from 15 March this year the Bank changes conditions in all its credit programs for individuals. The rates for loans to individuals have been decreased on average by 1-4 % per annum in rubles and by 1-5.5% per annum in a foreign currency. Besides that, there are some new offers among the retail loans, having a number of competitive advantages.

The interest rates in these credit programs will make from 17.5% annually in rubles and from 12.5% annually in US dollars and euro.

The consumer loan “Premialny” is the most popular among the Bank’s clients. Under conditions of this loan the client may receive up to 40 million rubles for 1-5 years on security of real estate. The borrower can use these funds at his/her own discretion: to invest them in business, to buy housing, to use them for construction and for other purposes.