MDM Bank’s Ural branch refinances consumer loans

22 October 2009 (10:53)

MDM Bank’s subsidiaries based in Ural and Siberian Federal Districts have recently started refinancing consumer loans issued by other banks. Borrowers with no overdue loan payments can be given a loan of up to 100,000 RUR for a period of one to seven years.

‘MDM Bank is now ready to help responsible loan recipients (and customers of other banks) decrease their monthly loan payments. This means we are willing to offer them loans that they can use to pay off their debt in the other bank. Depending on the loan payment period, our customers can reduce their monthly fee considerably,’ says MDM Bank’s Deputy GD Daniil Sandler.

It only takes one hour to process a loan, with the money transferred directly into the original loan-issuing bank

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