Monday , March 1 2021

BNP Paribas acquires interest on hybrid and electric cars at 5.9%




Banks and insurance

BNP Paribas acquires interest on hybrid and electric cars at 5.9%

BNP Paribas Personal Finance SA Paris The Cetelem brand, Bucharest Branch, has provided a 5.9% discount loan for customers wishing to buy hybrid and electric wagons. The bank also expands the partnership with the Hyundai importer and finances purchasing Ioniq and Kona Electric models. Clients wishing to buy electric or hybrid cars will be renewed by September 2018 through the RABLA and RABLA PLUS Race Modernization Update Program. The fixed interest rate of the loan is 5.9% and the remaining 8.9% is related to the bank's financial products. The loan term is from 6 to 36 months, at the end of the contract is at least 30%. In the first nine months of 2018, Romania sold 2,922 electric, hybrid and hybrid electric vehicles, which is twice more than the same period last year. "The share of total organic cars in the first three quarters of the year was 2.6% versus 1.9% in the same period last year. This means that Romanian cars' interest in cars of this type will increase. We want Romania to adopt a widespread concept of electricity, so we are happy to encourage this process by launching financial products for such purchases, "said Bruno Leroux, Bucharest branch of BNP Paribas Personal Finance SA. Following the strategic partnership between Cetelem IFN SA – Cetelem IFN SA and French BNP Paribas Personal Finance as of March 1, 2018 – the Paris branch of BNP Paribas Personal Finance SA was Bucharest.



Source link