OREANDA-NEWS. December 17, 2010. Azerbaijan’s Bank of Baku is constantly expanding a range of its products and strives to work on advancing the interests of clients.

The Bank says that the fact that the BoB offers actual loan products and organizes regular interesting campaign in support to the population testifies once more that the BoB always thinks about its customers and continues to be for them a bank, which is easy to communicate. Desire to be as close as possible to each client, can be traced in the Bank’s aspiration to help the customer at the right moment. A BoB’s new decision is special product - Credit Medical. The purpose of the product is support for all layers of the population in the most difficult moments of life.

As it is known, health cannot be bought, but it is quite possible to purchase medical services, as health is an invaluable gift of nature demanding the attentive and caring attitude throughout the lifespan. In this regard, BoB occupying the leading position in consumer crediting in Azerbaijan suggests for the population to enjoy a new and convenient service on payment for health care transactions through the Bank. Taking into account that in such situations time is of great value, the Bank provides for its customers with the ability to obtain quickly a loan for medical treatment and not worry about medical costs.

A loan for medical care is given for 3 up to 24 months. Maximum loan amount is 2 000 manats. To receive a loan, the customer must present his ID, certificate of employment, and a certificate from a relevant medical institution.

Example:
Let’s say you get in BoB a loan of 1 000 manats for 12 months. Effective interest rate on the loan (i.e. the total amount that the customer pays on the interest debt) is 17%. Monthly the loan borrower will pay to the Bank 97.5 manats, and the total amount for the 12 months will be 1,171.76 manats.

For more details about BoB partner medical clinics please visit www.bankofbaku.com or call 145 to the Bank’s Information Center.