Finance

Home page

Finance

DemirBank launches preferential loan campaign Serfeli Novruz

27 February 2014 07:49 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. DemirBank is launching a preferential loan campaign Serfeli Novruz on occasion of Novruz celebrations. The campaign will run until 28th of March, 2014.

According to the terms and conditions of this campaign, consumer and business loans will be offered with 1%, 2%, 3% and 4% discounts. A customer will take a coupon out of a special box to determine the amount of a discount.

A customer can apply the discount to only one loan product. It should be noted that the campaign does not apply to mortgage and car loans.

DemirBank offers a number of consumer loans to population – Loans for education employees, Loans for health employees, Loans for state employees, Pensioner loans, Car Loans, Cash loans with gold, Furniture purchase loans, Tecnics purchase loans, Refurbishment Loans, etc.

The first commercial bank of Azerbaijan, DemirBank started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as the European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO). DemirBank has “B” rating with “stable” forecast of Fitch Ratings and “B” rating with “positive” forecast Planet Rating. These ratings are one of the best in Azerbaijan banking sector.