Lending conditions for new car purchase in OTP Bank to be the most profitable on the market, — Prostobank Consulting
Lending conditions for a new foreign car purchase in OTP Bank were recognized to be the most profitable on the market for customers after the study of such car loans for 1 year in national currency at more than 15 largest Ukrainian banks, conducted by Prostobank Consulting. This was reported on the company's website.
According to Prostobank Consulting analysts, the best offer on the market under above mentioned conditions was an OTP Bank's loan for a Fiat Abarth purchase at a real rate of 0.01% per annum, without a one-time and monthly fees, with the borrower's contribution of 40% of the car value.
In total, according to Prostobank Consulting, the studied loans were provided by 12 banks at the beginning April, 2021. The average real rate over such loans amounted to 4.79% per annum. The total number of relevant loan programs reached 739.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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