OREANDA-NEWS. October 2, 2009. The first private bank is in independent Azerbaijan – Gunaybank activated automobile lending of new cars.

Gunaybank informs that maximal sum of credit  should  not exceed AZN 10,000.

“Annual rate on such credits for the term of loan of 1 year totals 24%, for the term of loan of 2 years makes up 25% and for the term of  3 years totals 26%. A certificate of employment and an identity card are required in order to  register credit,” the bank said.

Gunaybank functions on the basis of license № 3, being issued on November 23, 1992.