MOSCOW, December 21 /PRRussia/ — The International Moscow Bank (IMB) has signed a cooperation contract with DaimlerChrysler Financial Services Russia, which specializes in crediting car purchases, driver insurance and leasing operations. Under the contract terms, DCFS Russia is to promote IMB as the prime and most favoured partner of its dealer network and among DaimlerChrysler Group clients in Russia. The partners have also launched a special program offering loans to buy new DaimlerChrysler cars. Two loan programs — Elitcredit and Deferred Payment Credit — are on offer.
A minimum annual interest rate of 9.0% in US dollars or euros or 12% in roubles has been fixed for the former credit drawn for a period of up to three years. If the credit is drawn for up to five years, the minimum annual interest rate is 9.5% in US dollars or euros or up to 14.5% in roubles. No downpayment may be required. The latter loan is on offer at an annual 9.0% interest rate US dollars or euros or 12% in roubles for a period of up to three years. Under this credit scheme the first instalment has been fixed at a minimum of 20% of the car price. The credit schemes are available in Moscow, St. Petersburg, Chelyabinsk, Krasnodar, Perm, Rostov-on-Don, Samara and Voronezh.
Source: IMB press service