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Car Loans

Published: August 2, 2013 | 9:32 am
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VTB Bank has begun a two month long promotional campaign, offering car loans at a rate of 12.9% instead of the previous 17.9%. The head of the Car Loans Department at VTB Giorgi Macharashvili has told TV3 that the bank currently holds a 26% share on the car loans market. According to Mr. Macharashvili, his department’s portfolio consists of 14 million GEL, which is third-highest amongst the banks.
The Bank Republic is also operating a special offer on car loans for its customers. According to the head of the bank’s Sales Department Natia Prangishvili, customers can purchase cars at rates starting from 0%, and that this applies to both new and used cars.
TV3 will inform you about the terms at other banks in the area of car loans

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