OREANDA-NEWS. October 10, 2011. Azerbaijan’s Parabank offers its new loan “Jubilee” within the preparation for its 20 year anniversary of activity.

The Bank reports that in accordance with conditions of this loan the customer pays only interest fees for the first 6 months and begins paying for the loan starting from 7th month.

Loan’s interest rate is 1.7% per month, term ranges 12 to 36 months, amount from 10 000 up to 100 000 manat, and commission fee 1%.

Parabank was founded on 3 December 1991 and is distinguished today for its stability and successful development.