Oschadbank issued car loans worth UAH 3 billion since the beginning of 2024

Since the beginning of the year, Oschadbank has issued car loans to individuals totaling UAH 3 billion. Thanks to this, more than 3,300 customers have become owners of new cars using the bank's special loan programs.

TOYOTA, MAZDA and VOLKSWAGEN are the most popular car brands. Most loans (60%) were issued under Oschadbank's partnership programs with certain brands, and the multi-brand VIP Auto program remains one of the most attractive, covering about 25% of Oschadbank's borrowers.

This year, there is also a noticeable increase in the average car loan check to almost UAH 1 million, reflecting not only the rising cost of cars but also the popularity of Oschadbank's programs. Most customers chose loans with a high down payment (50-60%) and a short repayment period of 24 to 36 months.

“Thanks to the active development of partnership programs and high-quality service, Oschadbank continues to hold a leading position in car lending, meeting the needs of both new and regular customers. We are working to ensure that our terms and conditions remain attractive and competitive in the market,” said Anton Tiutiun, Deputy Chairman of the Management Board of Oschadbank.

Today, Oschadbank offers loan programs with improved conditions for more than 25 car brands, and its network of cooperation with partners includes more than 500 dealerships throughout Ukraine. According to the results of the first nine months of 2024, Oschad's market share in car lending to individuals is 40%.

More information about car loan programs from Oschadbank can be found on the official website https://www.oschadbank.ua/credits.