04.06.2007

The Bank's car loan portfolio reached 1 billion rubles

The volume of car loans issued by Bank “Saint Petersburg” in the last 12 months reached 1 billion rubles.

The Bank entered the Saint Petersburg car crediting market in 2006 and declared itself as its serious participant quite quickly. Today the Bank cooperates with over 100 car shops in Saint Petersburg.

The Bank improved its own credit programs significantly over the year. Today they provide for a single interest rate of the car loans. The rate doesn’t depend on an income certification form and accounts for 13% in rubles and 9% in USD and EUR.

“We aim to make our Bank’s services as much convenient as possible and try to meet our clients’ expectations and improve our credit programs on a constant basis as a part of the General Retail Business Development Strategy of Bank “Saint Petersburg”, Deputy Chairman Pavel Filimonenok said.