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DemirBank presents new loans to populations

05 October 2010 15:17 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. DemirBank begins to offer new loan products to the employees of â€œEducationâ€ and â€œHealthâ€ enterprises and the persons who study at educational institutions on the eve of International Teachersâ€™ Dayâ€.

Accordingly to the terms of the loans for the employees of â€œEducationâ€ and â€œHealthâ€ enterprises, customers will be able to have loan up to amount of 5000 AZN and till 24 months.

Accordingly to the terms of the loans for the payment of the tuition fee, borrowers will be able to have loan for 12 months by prepayment of 20% of the tuition fee. Loan amount is from 500 AZN to 30 000 AZN.

The borrowers who want to have educational loans or the loans for the employees of â€œEducationâ€ and â€œHealthâ€ enterprises might be able to apply to the branches of DemirBank.

â€œAccordingly to the social-oriented strategy of DemirBank, the needs of the social field are always taken into consideration. The loans for the employees of â€œEducationâ€ and â€œHealthâ€ enterprises increase their social wellbeing, and the educational loans creates new opportunities for the people who wants to study at local or foreign educational institutions. By the way we congratulate the employees of the Education enterprises on International Teachersâ€™ Dayâ€ â€“ said Deputy Chairman of the Executive Board Yusif Jabbarov.

DemirBank offers to customers different products as consumer loans, mortgage, business loans and leasing services. For additional information about loan products and leasing services it is possible to enter www.demirbank.az site address of the bank or call to the information center â€“ by dialing 149.

One of the first banks of Azerbaijan, DemirBank (formerly called Azerdemiryolbank) started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO).