Penza, 25 September 2012. PenzaNews. Penza Bank Kuznetsky improved credit program conditions for individuals, reducing the interest rate by 2% annum for the consumer lending program “Kuznetsky standard,” and by 3% annum of the base rate in the program “Fast Money” in case of a positive credit history of the borrower in Bank Kuznetsky, and the lack of current debt at the moment of application.

According to the press service of the bank, changes were made in the program “Express Car Loan.” “Now the maximum service life of domestic car brands by the last day of the loan agreement shall not exceed ten years, of foreign brands — twelve years,” clarified the press service.

The bank noted that Kuznetsky is constantly working on its line of credit products.

“The new proposal is one more step towards loyal customers. Decrease in interest rates means that more customers will be able to take advantage of the bank’s lending resources with more attractive conditions,” the press service concluded.

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.