OREANDA-NEWS. January 24, 2008. According to the results of 2007, the autocrediting market has showed the high dynamics of its development. 65% of cars from 100% were purchased in loan, while in 2006 this index was only 45%.

According to the RODOVID BANK’s specialists, the competition is toughened enough at the market. The entrance into the market of foreign banks, the attraction of the financing activities, introduction of the new charts of granting of autocredits, conducting of the various programs and actions with companies-partners, abridgement of time of granting of credit are influence on it. But the competition stimulates the creation of more competitive and high-quality products. So, as of 2007, RODOVID BANK has increased the granting of autocredits in two times. And presently RODOVID BANK grants autocredits within two working days. However, taking into account the situation at the autocrediting market, the bank’s specialists are developing the new charts of granting of credits in a more tighter schedule.