OREANDA-NEWS. August 15, 2011. Parabank offers a new discount campaign - "Summer" for its depositors.

The Bank reports that within the campaign the depositor is given a loan and the deposit itself will serve as collateral. Interest rate on the loan is calculated by adding 3% to the deposit rate. The campaign will run until 1 September.

Parabank grants educational loans, auto loans, pawn and consumer loans, loans for construction and development of production, as well as loans to the agricultural sector without mortgage at the expense of the German-Azerbaijani Fund for small and medium-sized businesses.

Further information can be obtained by contacting the Parabank’s Information Centre on short phone number 139.