interest on deposits

2023-07-21 17:32:00

AvtoVAZ decided to rename RN Bank, which previously belonged to the Renault-Nissan alliance that left Russia. Now the credit institution will be called Auto Finance Bank.

In addition, AvtoVAZ terminated the powers of all current members of the Board of Directors ahead of schedule and elected its new composition, reports Interfax with reference to the bank’s message.

At the end of June, AvtoVAZ closed a deal to acquire a 100% stake in RN Bank from the holding company BARN BV, through which the partners owned this credit institution (40% from UniCredit Bank, 30% each from French Renault and Japanese Nissan Motor).

The partners decided to sell RN Bank to the AvtoVAZ group at the end of last year. Russian President Vladimir Putin gave permission for the deal.

After the start of Russia’s special operation in Ukraine, Renault and Nissan decided to leave the Russian Federation.

RN Bank is focused on issuing car loans and factoring financing for car dealers. As of June 1, the credit institution ranked 70th in terms of assets among Russian banks according to Interfax.

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#AvtoVAZ #renamed #RenaultNissan #alliance #bank #bought

2023-07-16 06:50:00

From the beginning of the month to July 15, 2023, pricing adjustments for cars without mileage were recorded for seven brands that are officially sold on the domestic car market, writes “Autostat“. Among the brands that have risen in price are six Chinese and one domestic.

So, in the first half of July, the entire BAIC range went up by 3.9%. If the U5 Plus sedan added 67-74 thousand rubles in price, then the X35 crossover – from 67 thousand to 84 thousand rubles, and the BJ40 Plus SUV – 147 thousand rubles. A similar rise in price (+3.9%) occurred in the Kaiyi E5 sedan by 76–77 thousand rubles. The TANK brand also raised prices for the entire model range. An SUV with an index of 300 has become more expensive by 100 thousand rubles (plus 2.4–2.6%, depending on the configuration), and the “500th” – by 200 thousand rubles (plus 3.4–3.8%).

At Geely, the flagship crossover Monjaro increased in price by 10 thousand rubles (+0.2%), while at EXEED the all-wheel drive version of the LX AWD received an increase of 40 thousand rubles (+1.1%). Changan increased the minimum price of the UNI-V liftback by 100,000 rubles (+3.8%). Domestic LADA raised prices for the Niva Legend SUV by 8–42 thousand rubles (plus 1.0–4.8%).

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#Named #car #brands #risen #price #Russia #July

2023-07-08 16:24:00

Used cars can turn into not only a joyful purchase, but also serious expenses for repairs due to various factors. Whatcar.com and the insurance company MotorEasy conducted a survey, according to which the most problematic car in this regard is the 2003-2009 Volkswagen Golf with a diesel engine. AutoNews.

As a rule, the owners of this car complained regarding malfunctions in the suspension (27%), problems with the body, brakes and fuel system. 53% of motorists encountered breakdowns of this hatchback. There were also complaints regarding the Peugeot 308 with a diesel engine, 44% of the owners of this car encountered breakdowns and were forced to contact the service.

Opel Astra (2009-2015) with a gasoline engine was in third place in the anti-rating – 40% of owners complained regarding it. At the same time, the diesel version of this model proved to be more reliable. The most common problems in the car were related to the brakes, air conditioning and engine.

The list also includes Audi A3, Renault Megane, Skoda Octavia, Ford Focus, Volvo V40, Mazda3 and Toyota Corolla.

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#Named #problematic #cars #mileage #Russia

2023-07-07 12:31:00

Credit Europe Bank raised the rates on the “Term” deposit for 730 and 1098 days to 8.4% per annum (previously for 730 days the rate was 7.65%, for 1098 days – 7.9%).

The minimum deposit amount is 3 thousand rubles. Additional contributions and expenditure operations are not provided. Interest is paid at the end of the term. In case of early termination of the contract, interest is paid at the rate of 0.01% per annum.

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#Credit #Europe #Bank #raised #rates #term #deposit