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Azerbaijani bank launches program of special lending

Business Materials 28 October 2010 16:30 (UTC +04:00)
Azerbaijani Bank Standard launched a program of special lending for employees of several ministries and governmental agencies, teachers of state universities and secondary schools, as well as doctors and oil industry workers, working in state organizations, the bank said.
Azerbaijani bank launches program of special lending

Azerbaijan, Baku, Oct. 28 / Trend /

Azerbaijani Bank Standard launched a program of special lending for employees of several ministries and governmental agencies, teachers of state universities and secondary schools, as well as doctors and oil industry workers, working in state organizations, the bank said.

According to the terms of the new program, employees of state agencies will be able to get a loan from Bank Standard to the amount of up to 5,000 manat for up to 24 months.

This program differs by lower interest rates, as well as other advantages. They will allow customers to get cash to meet their needs and requirements at very reasonable terms compared to the average market indices.

A borrower must submit a reference about income and service, third party's guarantee, identification of the borrower and the guarantor, as well as several other documents to the bank.

These loans for governmental employees, intended for adult citizens of Azerbaijan, are issued in all branches of Bank Standard.

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