Retail Credit Portfolio of Cash Credit Bank of Dnipro in 2019 increased by UAH 414 million or 109% to UAH 794 million. The growth of the financial institution's card credit portfolio over the period is UAH 67 million (+ 32%), reaching almost UAH 280 million. As a result, the total retail loan portfolio showed an annual growth of UAH 481 million, or 82%, exceeding UAH 1.06 billion.
"The effectiveness of our 2019 business strategy with a focus on retail consumer lending is backed up by concrete figures - more than double the growth of the cash loan portfolio and an overall retail loan portfolio growth of 82%, which is significantly ahead of the average market dynamics," says Oleg Pakhov, Director of Retail Business of Credit Bank Dnipro. - Among the components of success, we would like to point out the competitive conditions of credit products with the ability to choose the optimal configuration for the specific financial goals and capabilities of each client; access to the industrial level of its own credit plant, which accepted the million loan application; implementation of innovative risk management approaches; productive work with a base of good borrowers; exclusive marketing offers that attract new customers and increase the loyalty of existing customers. We intend to use all of these tools widely and develop in the new year, so as not to slow down and give up leadership positions. "
The Bank offers cash loans of up to UAH 500,000 for any purpose without collateral and a guarantee for a term of 12, 24, 36, 48 or 60 months at the choice of the client, depending on his financial plans and capabilities. A longer contract term implies a smaller monthly payment. To apply for a loan, existing and new customers from all regions of the country can contact any branch of the bank or apply through the Internet or infocenter. To obtain a loan, you need a minimum set of documents: passport and IDN, the certificate of income when making loans up to 75 thousand hryvnia is not required. The client can obtain a preliminary decision by telephone quickly, and the credit funds themselves - at the nearest branch or information-consulting center, located in all key regions of Ukraine. The interest rate is one of the best on the market and depends on the amount and term of the loan. Customers are offered a wide choice of repayment channels and the possibility of early payment of credit debt without penalties.
In addition, in order to encourage the fastest disciplined borrowers at the Credit Dnipro Bank, Sprint offers special offer, during which it offers its clients an annual cash loan in the amount of from 3 to 75 thousand UAH with the return of fees charged to the client for using the loan.
You can find more information about retail credit offers of the Credit Dnepr Bank at the following link.