SKB-Bank’s Consumer Loan Proves One of Russia’s Top 5

UrBC, Yekaterinburg, February 26, 2016. SKB-Bank’s consumer loan offer (dubbed For This & That) proved one of the top five most affordable loans in the country and was given the 4th position in the rating of cheapest cash loans Russian banks are offering at the moment, the bank’s press service refers to as stating.

The web portal’s analysts looked into the following: the loan amount (150,000 RUR) and the repayment period (1 year); secured loans were not among those considered.

‘It is only rarely that a loan offer remains popular with customers for a few years in a row, but For This & That is a unique case with an appealing interest rate, a comfortable repayment period, and no strict requirements a borrower must meet,’ the bank’s representatives say.

SKB-Bank’s loan book still keeps growing, up by 17.3% on last year and at 68.2bn RUR at the moment. The bank was also one of the three Russian banks with the fastest-shrinking share of past-due repayments in January (down by 10.7% in one month, states).

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