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"Converse Bank" Singed New Agreements With Importers Of Cars On Cred

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  • "Converse Bank" Singed New Agreements With Importers Of Cars On Cred

    "CONVERSE BANK" SINGED NEW AGREEMENTS WITH IMPORTERS OF CARS ON CREDIT SALE

    Mediamax News Agency, Armenia
    May 25 2007

    Yerevan, May 25 /Mediamax/. "Converse Bank" singed a number of new
    agreements with importers of cars on credit sale.

    As Mediamax was told in the press service of "Converse Bank",
    agreements are signed with "Armenia-Lada", "Carcomauto", "Muran",
    "Megna", "Fora", "Galloper", "Maverick", "Vecar" "Toyota", "Valti
    Motors" companies.

    "Converse Bank" noted that the interest rate of the car credits will
    make 14% per year, the prepay - 20% from the established cost of the
    car and the repayment term - 5 years.
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