Azerbaijan Industry Bank offers special car loans

Azerbaijan Industry Bank offers special car loans
# 12 August 2009 15:26 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Azerbaijan Industry Bank and Hyundai-Auto Azerbaijan have partnered to sell Hyundai cars on credit.

According to terms, car loans are lent at 18% per year for 1 year, 19% for 1-2 years and 20% for 2-3 years.
The bank was originally established as CIBank in 1996 and was renamed as Azerbaijan Industry Bank in late 2006.

It operates 8 branches, 22 ATMs and 252 POS-terminals.
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