Bank Of Baku

Unibank extends term of loans

Unibank extends term of loans
# 06 August 2012 13:24 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Unibank OJSC started to give cash loans with the concessional term of 6 months. Bank says the clients will pay only interest debts during first 6 months.

Maximum term of this type of cash credits was extended from 24 months to 30 months. This allows the clients to reduce monthly payments. Sum of the credits may be from AZN 300 to AZN 5,000 depending on salary of borrower. Note that, the loans up to AZN 2,500 are given without pledge.
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