Parabank Renewed Credit Conditions by Line of German-Azerbaijani Fund
OREANDA-NEWS. October 20, 2011. Parabank strives to surprise Azeri entrepreneurs with its new product “Partner”. This loan is issued on the base of business expense by GAF credit line. According to new tariffs, loans by GAF credit line are issued, maturing up to 12 months at 18% per annum (for circulating assets) and from 24 to 36 months at 21% per annum (for fixed assets). Grace period for all loans despite of term is up to 3 months.
"Now customers issuing loans by GAF are free from commissions charged for bank expenses, evaluation, insurance, cash operation, and also loan analysis",- the report says.
For additional information call 139.
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