RBD Developed New Credit Product on Auto-Leasing
OREANDA-NEWS. March 25, 2011. RBD is launching for its partners a new credit product supporting SMEs that acquire on the terms of leasing transport and special machinery produced domestically. “This credit product was developed with the view to provide public priorities of SME support”, pointed out Member of the Board – Deputy Chairman of the Board of RBD Olesia Teploukhova. She accentuated that the new credit product comprises both home-produced transport and special machinery and foreign makes of cars assembled in Russia, reported the press-centre of RBD.
The advantage of the new credit product is a lower interest rate - 6.75% p.a., compared with other leasing related products (the interest rates under the credit products “Development” and “Auto-leasing” are 8.5% p.a.). Moreover seeking to improve the product line the Bank has modified the lending terms for the existing product for leasing companies: it has adjusted a list of purposes of SME lending support and has provided an option of a warranty of a physical body or a bank as additional collateral.
For further information on the credit product “Native Auto-leasing” visit www.rosbr.ru.
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