PRAVEX-BANK Holds Promotion for Hyundai Car Loans
OREANDA-NEWS. May 14, 2013. An opportunity to rationally plan one's costs through obtaining a car loan is up-to-date and lucrative which ensures high demand for car loans in Ukraine.
Following market trends and demand from borrowers PRAVEX-BANK offers a special HYUNDAI Credit program which embraces such car models as I20, IX35, I40, IX55, Sonata, Grandeur, Genesis, Equus which can be purchased at HYUNDAI official dealership network throughout Ukraine. According to the conditions of the program the interest rate is over 0,01%, maturity is 2 years and the downpayment amount starts from 20%.
Let's calculate: the cost of the car is UAH 113 300, minimum downpayment is 20%. It means that the client is going to drive a new Hyundai I20 paying only UAH 1723 a month.
Insurance partners under HYUNDAI Credit program are "Krayina" and "АХА" insurance companies.
As Semion Babayev, Head of Retail Department of PRAVEX-BANK, put it: "For the first quarter PRAVEX-BANK has offered its customers around 10 kinds of car loan promotional campaigns. By launching these campaigns we were driven not only by a desire to conquer car loan market of Ukraine but also a desire to provide best conditions to best customers. This is one of the key points considered by the Bank when building up its individuals policy".
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