Bank Of Baku

TBC Kredit softens credit conditions of cars

TBC Kredit softens credit conditions of cars
# 25 April 2011 10:10 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based TBC Kredit has softened the credit conditions of “Automobile credits” product.

According to company, it is possible to purchase any automobile without initial payment and without insurance in case if credit period is 3 years. Annual interest rate of credits is 18-19%. The taken car performs the role of mortgage credit.

According to terms, maximum price of automobile credits is AZN 50 000, period is 5 years.

Remind that, TBC Kredit has been in operation since 1999.
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