ASTRA BANK, UkrAVTO and Express-Strahuvannia Revive Long-Term Loans in Ukraine

Jul. 23, 2009

ASTRA BANK together with Corporation UkrAVTO and Insurance Company Express-Strahuvannia offers to customers new car loan program “Loan 5,59 %”. Thanks to this program car purchase in credit becomes more available.

In order to obtain loan from ASTRA BANK and UkrAVTO one should have 25% from car cost only.  Loan tenor is up to 7 years. When a car produced in Ukraine, CIS countries or China is bought loan tenor is up to 5 years. Loan currency is UAH. But the main advantage of joint car loan program of ASTRA BANK and UkrAVTO is the interest rate that makes 5,59 % annual only. Nowadays these are the best conditions in car loans market that give Ukrainian car enthusiasts the possibility to buy a new car not having its full cost. Maximum loan amount is UAH 500 000. Annuity scheme of loan repayment will assist in family cost planning. Insurance partner of the program is Insurance Company Express-Strahuvannia.

Minimum package of documents is required for loan obtaining: passport, ID code and reference on income. If all documents are available the consideration of the application will take from half an hour up to one day. The client is serviced and credit contract is completed directly in car dealership, there is no need to visit Bank branch. Insurance Company Express-Strahuvannia also offers innovative scheme of work. In case of insurance event settlements take place directly at technical service station, there is no need to visit insurance company.

The loan is spread over all brands available in car dealerships of UkrAVTO: Chevrolet, Opel, Mercedes-Benz, Cadillac, Chrysler, Jeep, Dodge, Renault, KIA, ZAZ Lanos, Chery.

One can obtain credit product from market leaders UkrAVTO, ASTRA BANK and Express-Strahuvannia in any official dealer center of Ukrainian Motor Corporation in the territory of Ukraine.

Reference:

ASTRA BANK is a universal bank that offers a full range of bank services. ASTRA BANK is a participant of Guarantee Fund of Private Individuals’ Deposits. Pursuant to the data of Association of Ukrainian Banks ASTRA BANK takes 24th place by its equity. The Bank has got long-term credit rating uaBBB+ with prognosis “stable” and the highest rating of reliability of bank deposits (5 points).  ASTRA BANK is a part of financial group Alpha Bank Group Greece which operates for more than 130 years and is active on financial markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus, Jersey, USA and Great Britain.

Ukrainian Motor Corporation (UkrAVTO) is a transnational corporation, leader in car market of Ukraine, the largest producer and distributor of cars, and provider of high quality auto services, the only company in Ukraine having a complete production cycle. UkrAVTO exports automobiles to CIS and far abroad countries.  The Corporation combines large-scale car production in Ukraine and Poland and has got the largest sales network in Ukraine, Poland, Russia, Kazakhstan.

Insurance company “Express-Strahuvannia” is specialized on car insurance and is a general partner of the leader in car market – Ukrainian Motor Corporation. The Company was founded in 2008 and nowadays it has got 155 outlets in the territory of Ukraine.