Banks In Belarus Introduce Important Changes On Loans

One of them concerns those wishing to buy an auto on credit.

Banks have changes on loans. Among other things, it is about lowering interest rates and reducing the maximum loan term.

Zepter Bank reduced the interest rate on loan "Geely car loan" to 15.8% per annum. This is 2.38 percentage points lower than it was.

"Neo Bank Asia" has reduced the maximum term for the loan "Great Opportunities" from 60 to 48 months. At the same time, the consumer loan "Buy Your Own" increased from 24 to 60 months, writes Myfin.by.

"Priorbank" raised the rate on the loan "Credit Card" by 0.18 percentage points - up to 18.18% per annum. For the loan "Simpler.net" the options with a term of 1-12 months (the main rate of 17% per annum) and 1-60 months (18% per annum) were replaced by the option with a term of 1-36 months (the main rate - 19.9% per annum).

Belagroprombank adjusted interest rates on a number of its loan products - mainly there was a decrease, but there were some exceptions. For example, the rates on credit cards decreased by 1.81 percentage points - to 18.18% per annum. We are talking about the offers "Supersila", "Supersila 2.0", "For once (forfeit)", "For once (surety)".

The rates on loans changed as follows: on "Great Opportunities", "Great Opportunities without guarantors" and "Easy shopping (general conditions)" - decreased by 1.81 percentage points (to 18.18% per annum), and for "Overdraft" - increased by 2.5 percentage points (to 18% per annum).

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