OREANDA-NEWS. About 30 commercial banks in June changed the terms of auto loans. Basically - in the direction of lower interest rates.

In June, the bank SGB renewed terms for car loans (Severgazbank). And it launched immediately discount program - in the framework of participation in the government program of subsidizing car loans. Only a few banks in the framework of participation in the government program of subsidizing car loans in June also joined the state program - the Bank of Kazan, IntechBank, Vkabank, Center-Invest.

Lower interest rates on existing loans for the purchase of a new car we can in the following banks: Sarovbusinessbank (now the rate from 19.9 to 20.9% per annum, under the state program - 11,57-12,17%), Kamkobank (the rate of 18-19% per annum), the Bank of Kazan (19,5-23,5%), "Sputnik" (24-26%), "Avers" (19-22%), "Orange" (22-25,5%, "Loco-Bank", "Baltika "(20-25%), the Bank" Soviet "(29-30%), Pervobank (18-22,5%), Chelyabinvestbank (18,4-19,9%), Tula industrialist (18,5-20 5%), Svyazbank (18-23%), Uralsib (21.5% for cars LADA -20,5%), Ak-Bars (19-21%), Tatsotsbank (16,9-20% for Car LADA 16,4-19,5%), Lipetskcombank (21-25%), Vologzhanin (16,5-18,5%), Baltinvestbank (20-21,5%).

Reduced rates occurred in the range from 0.5 to 4 percentage points. Accordingly, in these banks interest rates reduced on preferential lending (for those who participate in the program of state subsidizing of car loans). Preferential car loans in these banks are now issued in a range from 8.7 to 13.82%, and they depend on the hardness of the conditions of issue.

In June, "Loko-Bank" and Spurt Bank reduced interest rates on preferential car loans. Now the rate on car preferential loans in the "Loco-Bank" – is 11.82%, in SpurtBanke - from 9.33% to 10.83%.

In July, Russian banks continued to change the terms of lending - mainly due to the new laws that came into force in Russia on July 1st. At least two of them affect directly the interest rates on loans and deposits. The first relates to the total cost of the loan: now it cannot exceed the calculated by Bank of Russia average value of the market by more than a third. The second law increases the responsibility of the banks for the inflated rates on deposits.