OTP Bank to Resume Consumer Lending for Purchases in its Partners` Networks
OTP Bank resumes lending for purchases by private individuals (providing targeted commodity loans) in the networks of its two partners - Eldorado and Comfy.
As OTP Bank Board Member for Retail Business Development Oleg Klymenko commented, "OTP Bank was the first among other banks on the market to resume consumer lending in retail chains." “Yes, we create new opportunities due to our readiness for changes and determination to manage it in any environment. We carry out this for our clients, partners, all over Ukraine and, of course, for the OTP Bank team. In particular, to acquire new skills and knowledge, without which it is impossible to develop either tactics or strategy under today's circumstances,” the banker emphasized.
The amount of such a loan, which is issued upon purchase, can reach UAH 50,000 with a buyer's own contribution from 0% of the goods cost.
A loan is provided for up to 6 months at a rate of 0.01% per annum. A one-time commission for processing a loan can range from 0 to 2% of the loan amount.
To receive a loan, one needs to choose a product in defined stores and contact a bank representative at this outlet. The necessary for a loan issuing documents include a passport and an identification code of a taxpayer, income statement is not required for a loan delivery.
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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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