VTB24 increases auto loans
Bank VTB24 said its auto loans portfolio reached RUR70bn ($2.2bn, or (Euro)1.7bn) in 2011, growing 35%, which is faster than the market’s average.
The bank is implementing federal programs jointly with such prominent automakers as Kia, Hyundai, AvtoVAZ, Mazda, Suzuki, and Jaguar Land Rover.
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