OREANDA-NEWS. January 24, 2011. Kreditprombank improved the terms of lending for purchase of new automobiles for natural persons. Thus, the maximum lending term increased from 3 to 5 years, reported the press-centre of Kreditprombank.

The interest rates on loan for the term up to 1 year inclusive were reduced from 19,9% to 17% per annum, for the term up to 3 years – from 23% to 20%. The interest rate on loan for the term up to 5 years inclusive was fixed at the level of 20,9% per annum.

The currency of loan is Hryvnia and its maximum amount makes UAH 200 K. The Bank does not demand any additional security: the loan is secured by the purchased automobile itself. Besides, no monthly fees and sanctions for the early repayment of loan are applied.

The Public Joint Stock Company "Kreditprombank" is a stable universal commercial bank represented in the financial market of Ukraine since 1997. According to the NBU’s classification it is included into the group of the largest banks of the country.

The Bank provides full range of financial services for the corporate and retail clients, representatives of small and medium business and its customer base amounts to about 400 thousand of physical persons and more than 10 thousand of legal entities. As of 01 January, 2011 the regional network of branches and outlets of "Kreditprombank" included 185 sale points.