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ASTRA BANK is a leader in car loan market of Ukraine - News - OJSC ASTRA BANK

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ASTRA BANK is a leader in car loan market of Ukraine

Jan. 28, 2009

ASTRA BANK stands on leading positions on the market of loans to private individuals for car purchase.

According to statistics in November ASTRA BANK issued 12.5% of the total number of car loans issued in Ukraine and 25% in December. Besides, 80% of car loans in Kyiv in December were issued by ASTRA BANK.

In spite of high level of competition in the market of car loans, ASTRA BANK has ensured the biggest share of sales thanks to the bank highly technological loan product. Active cooperation and joint projects with car dealerships, transparent credit terms and conditions and quick process of decision making as for loan granting in ASTRA BANK also played a special role.

Reference:

ASTRA BANK is a universal bank with foreign investments. In March 2008 it was acquired by one of the biggest financial groups in Greece and Southeastern Europe Alpha Bank Group Greece, offering a wide range of services of European quality including retail, SME and corporate banking. ASTRA BANK plans to create a developed network consisting of 145 branches in the regions of Ukraine.

Alpha Bank Group Greece is active on financial markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus and Jersey as well as in the USA and Great Britain. Alpha Bank was founded in 1879. Nowadays bank network counts more than 900 branches. Assets of Alpha Bank are EUR 64000000000. The Bank has got the following long-term credit ratings: Standard & Poor's – BBB+; Moody's – A1; FITCH IBCA– A-.
Last update: Nov. 06, 2009  Print