OREANDA-NEWS. July 04, 2012. Sberbank announced a change in its interest rates and application of an individual pricing approach to its clients of all categories within the following loan schemes, reported the press-centre of Sberbank:

Unsecured consumer loan

Consumer loan guaranteed by individuals

Interest rates will range as follows:

For clients receiving income in the form of wages/pension to a card/deposit account held with the bank interest rate will vary from 15.5% to 20.5% per annum in Russian rubles, or 12.5% to 17.5% per annum in US dollars/Euro;

For clients employed by accredited enterprises rates will be from 17.5% to 22.5% per annum in Russian rubles, or 14.5% to 19.5% per annum in US dollars/Euro

For all other clients rates will vary from 18.5% to 23.5% per annum in Russian rubles, or 15.5% to 20.5% per annum in US dollars/Euro.

Subject to the aforementioned ranges, an interest rate will be determined on a case by case basis depending on client’s reliability and creditworthiness.

The main advantages of consumer loans offered by Sberbank of Russia include favourable rates, no commissions and the duration of consideration of a loan application not exceeding 2 business days.