UniCredit Bank Is a Leader of the Auto Lending Market
On 29 October 2018, Banki.ru, an information web portal, published the Russian Auto Lending Banks Rating following the results of H1 2018, where UniCredit Bank is ranked 4th by a number of indicators:
- volume of the retail auto loan portfolio as of July 1, 2018,
- volume of auto loans issued in H1 2018,
- number of auto loans issued in H1 2018.
In total, 20 banks and one banking group were assessed for the rating. According to Banki.ru portal, UniCredit Bank accounts for 12.9% of the Russian auto lending market.
“Auto lending is among the priority areas in retail banking for UniCredit Bank. From year to year, we are in top-5 of the leading banks in the market. This is possible thanks to our constantly expanding line of tariffs which we strive to make the most advantageous for all segments of borrowers, thus enabling the clients to purchase cars of any price categories on the best conditions, notwithstanding the external market environment. For example, the clients fascinated by JAGUAR / LAND ROVER brand, pay special attention to our offer Restart with the interest rate at min. 7.5%, making it possible to guarantee the car repurchase price of up to 65% at the end of the loan period,” comments Ivan Matveev, Member of the Management Board, Head of Retail Banking at UniCredit Bank.
One of the most popular programmes currently offered by the Bank is Prime providing premium-class customers with an opportunity either to purchase a new car at the interest rate of min. 10.8% and initial instalment of 10% only, or to choose a used car sold for over 1,5 million roubles and to benefit from the option of deferred payment at the interest rate of min. 14.5%. Besides, the Bank offers the special programme to finance purchases of used cars Prestige at the interest rate of min. 15.5%, which may be used for cars priced at over 1 million roubles.