17:25, 9 April 2009 Page views 287 views

VTB24 Started Realization of Government Autocrediting Program

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Since April, 8, 2009, VTB24 started accepting application forms on Government program of interest rate subsidies for purchasing of cars manufactured in Russia. The program is targeted at support of locally manufactured cars’ sales in the Russian Federation.

In frameworks of the program borrowers can get autocredit for locally manufactured car included in approved list, which cost at most RUR350,000, and get reduction of base interest rate on corresponding product amounting to 66% of Russian Central Bank’s refinance rate dated the loan granting.


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