Penza, 7 September 2012. PenzaNews. Penza Bank Kuznetsky provides auto loans to buy domestic or imported cars in its partner car dealerships. Now there are six large showrooms where customers can buy a car, using the favorable terms of credit programs “Express Auto Loan” or “Loan for Car.”

As the press service of the bank told news agency “PenzaNews,” “Express Auto Loan” allows people to purchase a new or used car of foreign or Russian origin. Moreover, comprehensive and collision insurance is not required. Maximum loan amount is 400 thousand rubles.

“Credit program “Loan for Car” allows people to purchase a desirable car on favorable terms. Interest rate is from 11.5%, the maximum loan amount is not more than 80% of the car’s price,” the press service said.

According to the press service, in the future the bank plans to expand the number of places where people could get a loan to buy a car.

Bank Kuznetsky was founded as a limited liability company and registered on October 26, 1990 under register number 609. On January 19, 2012 it was transformed into OJSC Bank Kuznetsky.

OJSC Bank Kuznetsky was included into the register of banks-participants of the system of obligatory insurance of contributions on January 14, 2005 under register number 428. In July 2012, the leading independent national rating agency “Analysis, consultations and marketing” confirmed the bank rating “B ++” with stable prospects.