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Russia-IC / News Archive / Russian Business and Law News / April 2015
Russian Business and Law News


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Raiffeisenbank Stops Issuing Loans For Purchase Of Passenger Cars
2.04.2015 13:29

Raiffeisenbank stops issuing new loans for purchase of passenger cars and commercial vehicles, as well as refinancing car loans. This decision was taken due to the negative trends at the domestic automobile market, witnessing the extremely low development potential of this business in Russia in the medium term.

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