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ASTRA BANK signed the agreement with the Ukrainian automobile holding and IC AMG group on affiliate crediting program - News - OJSC ASTRA BANK

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ASTRA BANK signed the agreement with the Ukrainian automobile holding and IC AMG group on affiliate crediting program

Aug. 26, 2009

ASTRA BANK continues to develop affiliate crediting programs for private individuals for car purchase. These days the agreement was signed among ASTRA BANK, Ukrainian automobile holding and insurance company AMG group on implementation of affiliate car crediting program. Terms of program are applied to all brands represented within network of company “Ukrainian automobile holding”: Subaru, Hyundai, Kia and Lada. In accordance with agreement the interest credit rate for car purchase at any official dealer center of “Ukrainian automobile holding” is 3,99% annual in UAH for Hyundai, Kia and 5,49% annual in UAH for Subaru and Lada.

Other terms are standard for ASTRA BANK car lending programs: down payment is from 25% of car cost, one time commission - 0,99%, monthly commission - 0,99%, credit term – up to 7 years, maximum credit amount – UAH 500 thousand, procedure of credit repayment – annuity. Also the obligatory insurance is stipulated - comprehensive and collision car insurance, compulsory civil liability insurance, accident insurance and insurance against risk of credit non-repayment. Insurance partner is company AMG group.

Execution of credit application will be performed at the Bank branches as well as at car sales centers of the dealer. Time for decision making about credit issue is from 100 minutes to twenty four hours.
In detail about terms of affiliate crediting program of ASTRA BANK, Ukrainian automobile holding and IC AMG group.

Reference:

ASTRA BANK is a universal bank offering a wide range of financial services. ASTRA BANK is a member of Guarantee Fund of Private Individuals’ Deposits. In accordance with data of Association of Ukrainian banks ASTRA BANK takes the 26th place among banks of Ukraine regarding volume of capital. Long-term credit rating assigned to OJSC ASTRA BANK is uaBBB+ with forecast “stable” and the highest rating of bank deposit safety “5”. ASTRA BANK is the member of financial group of Alpha Bank Group Greece operating for more than 130 years that has representatives at the markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus and Jersey as well as in the USA and Great Britain.

Last update: Oct. 01, 2009