Bank VTB (Azerbaijan) reduces interests on cash loans

Baku: Bank VTB (Azerbaijan) holds an auction on reduction of annual interest rates for unsecured cash loans up to AZN 11,000. .

Bank says the auction will last till August 1, 2014.

Within the auction, the annual interest rate has been reduced by 2 points. Thus, ever one can receive cash loans under the annual interest rate of 26% through submitting reference and ID card. Minimum amount of the loan is AZN 300, term – in the range of 6-36 months.

SOURCE: AZERI PRESS NEWS AGENCY

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