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More profitable year by year: lower rates after a year of servicing
April 1 2019
Starting April 1, Raiffeisenbank is updating consumer lending terms for all categories of borrowers. After the first year of servicing, the rate will be reduced by 2%, from 11.99% to 9.99%. The bank will offer such rates to everyone who has financially insured.
«Improving the availability of loans and reducing the payment burden for borrowers while maintaining the quality of the loan portfolio is our constant priority," Andrey Morozov, the Head of the Loan Product Department at Raiffeisenbank noted. «The updated terms of consumer loans are designed to offer our clients a better rate while reducing the payment burden in the medium term.»
The minimum loan amount is 90,000 rubles, the maximum amount is 2,000,000 rubles for clients from Moscow, St. Petersburg, Moscow and Leningrad Regions, and up to 1,000,000 rubles for clients from other regions of the Russian Federation.
The loan is provided without collateral and surety. Payroll clients of the bank need only a passport to apply for a consumer loan.
Please, find more details about the terms for providing a consumer loan at Raiffeisenbank on the official website.
Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank is one of the most reliable Russian banks, which creates financial solutions for private and corporate clients, residents and
Raiffeisen Bank International AG is a leading corporate and investment bank in the financial markets of Austria and in the countries of Central and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International is represented in 13 markets and provides a wide range of financial services, including leasing, asset management and support for mergers and acquisitions transactions.
More than 47,000 employees serve 16.1 million clients in more than 2,100 branches, most of which are located in Central and Eastern Europe. Raiffeisen Bank International shares are listed on the Vienna Stock Exchange.
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