VTB24 gave car loans for 190 million Rubles in Togliatti

The volume of issue of car loans by VTB24 in Togliatti decreased significantly compared to the same period of 2014, while, if the decline by the volume of loans was 40%, then by the number of loans the reduction was only 9%. For the first 6 months of 2015 the bank issued auto loans in the amount of 190 million rubles, which helped to buy car for 887 bank customers. The share of car loans for LADA cars was 76%, KIA -12%, Hyundai - 4% and Chevrolet Niva - 3%, other brands - 1% and less. The share of VTB24 in credit sales of the region – was 34%, and the current portion of VTB24 in direct sales is 10%. Therewith, the auto loan portfolio in the first half of 2015 decreased by 13.8% to 1.2 billion rubles.

"The slowdown of credit - is a clear trend of recent times, and here we fall even slightly less than the market", - said Maxim Papkov, the chief manager of VTB24 in Togliatti.

If we speak in general about the bank, then in the I quarter of this year, it was issued 12.3 thousand auto loans in the amount of 5.4 billion Rubles by VTB24 in Russia, and in the second quarter - 17 thousand car loans in the amount of 7.2 billion Rubles.

Since the beginning of implementation of state programs of preferential car loan, VTB 24 (since 01.04.2015 till 07.13.2015) issued 9.9 thousand auto loans in the amount of 3.5 billion rubles and it took 60 thousand applications for a total sum of 22.5 billion rubles.