Belarusian Banks Boost Car Loans: Belarusbank Adds Hybrids, Belgoprombank Cuts Rates
Belarusian banks have made significant changes to their car loan offerings, with Belarusbank and Belgoprombank both adjusting mortgage rates and expanding eligible vehicle models.
Belarusbank has broadened its car loan options to include hybrid models. The X80 is now eligible for financing, joining other models in Belarusbank's portfolio.
The bank has also reduced its mortgage rates. During the initial 36-month grace period, car loan rates have been cut to 5.5% per annum. Post-grace period, the mortgage rate stands at 16.75%.
Belarusbank's credit offerings now extend to new Belgee models, including the BAW F7 and BAW F7 Pro.
Meanwhile, Belgoprombank has slashed mortgage rates for Belgee car loans during the grace period. The 'For the purchase of Belgee S50 cars' loan now carries a 5% per annum rate. Similarly, the 'For the purchase of Belgee X70 cars' and 'For the purchase of Belgee X50, X80 cars' loans have seen their maximum grace period mortgage rates reduced to 5% per annum.
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