Unibank CJSC offers a new program of car lending, as part of which loan funds are provided as overdrafts for purchase of used cars (produced in or after 2007) from the secondary market.

Loans are provided at the amount of up to USD 60,000 with 50% prepayment. The annual interest rate makes 18%, with 36 months term of loan, the bank’s press service reported.

The new program has been introduced as part of the bank program on intensification of the retail business, due to which Unibank is the leader among banks in automobile lending.

The bank also offers loans for purchase of new cars under the following terms: minimum initial installment - 20%, annual interest rate – starting from 15%, maximum term of loan – 60 months, maximum amount of loan – AMD 15mln.