"LOCKO-Bank is successfully increasing the rate of issuing credits for acquisition of new and used cars. Admission to the government car crediting subsidy program is a logical step offerring still more opportunities to our clients, — notes Denis Ponomarenko, Director of Retail Business Department of LOCKO-Bank. – We hope that the credits granted within this program will let us consolidate our standing in the car crediting market".
The interest rate under the credits issued subject to the terms and conditions of the Program is calculated as the difference between the standard terms and conditions of the Bank and 2/3 of the CB RF refinancing rate on the date of the credit granting. Presently, the car credits rate under the government program is by 5.5% lower than that under the standard programs of LOCKO-Bank.
More details on the credits for car purchase you may find at LOCKO-Bank site or get to know by calling 8-800-250-50-50.