Pravex does not stop there, however, to further develop the program of lending to individuals to buy cars at the beginning of 2007, introduced new, more favorable terms of credit: credit period on purchases of foreign cars and brands of CIS increased to 7 years, the credit period for the purchase of domestically produced cars is increased to 5 years, etc. Further improvement in banking technology and information systems for the design of auto loans reduced the time a decision by the bank for a loan up to 1 business day. It is also an important role in the achievements of Pravex in this area is actively cooperating with the majority of bank dealers in Ukraine Programme loans to individuals for purchase of vehicles, as evidenced by the fact that at the end of 2007 was signed 580 cooperation agreements between car dealers and Pravex the bank. Consumer lending. Pravex-Bank is one of the leaders in consumer lending among banks in Ukraine. Consumer credit for the purchase of virtually all goods and some services a client can get to any point in issuing consumer loans (consumer loans outlets located directly in the stores or shopping centers), and in one of the 520 branches of the Bank for a term of 3 years. Pravex in 2007 opened up new possibilities for its customers. From now on loan in cash will be available to all customers regardless of credit history in Pravex. The advantage of cash loan is that the client received the money in the credit has to use their own discretion, any store or retail chain. Category: Financial Management | Tags: Loans