Penza, 5 October 2012. PenzaNews. The loan portfolio of private clients of Bank Kuznetsky increased by 49% for the first nine months of 2012 compared to the same period of the last year, and by 39% from the beginning of the current year.

According to the press service of the bank, the growth in demand for bank credit is promoted by attractive credit terms offered to the people.

“First of all, it is low interest rates and anticipated repayment option. At the moment, interest rates on “Kuznetsky standard” and “Fast Money” are reduced if the borrower has good credit history in JSC Bank Kuznetsky and has no current debt at the moment of application,” the press service explained.

The bank noted that Kuznetsky is constantly working on its line of credit products making them more accessible to a larger number of customers.

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.