URSA Bank’s car loan portfolio exceeded 3 billion RUR in March 2007. The bank is currently offering its customers a total of seven borrowing schemes, with Hand-Over scheme apparently becoming the ultimate winner in terms of popularity. This offer makes it possible to acquire a car directly from a private individual and thus avoid all the extra commission payments. Another scheme known as Auction is meant specifically for customers willing to purchase a quality car directly from an auction held in Japan or any other country. In addition, clients are encouraged to use the bank’s special offers such as URSA Bank Motor Club (nice discounts provided by a network of bank’s partners to any new client) and Car Broker (assistance in choosing the best car), reports the bank’s press officer.

RosBusinessConsulting, the information agency, rated URSA Bank 25th in terms of volume and 17th in terms of amount of car loans among Russian banks last year.

‘Our programs that are both necessary and affordable as well as custom-made to suit every client’s needs, and the effective performance and team spirit of our employees leave us hopeful that URSA Bank hits Russia’s Top 10 leading banks in the car loan category at the end of 2007,’ says Denis Lukyanov, the bank’s Car Loan Director.