ASB Leasing Ltd, the leasing arm of OAO Belarusbank, has reduced the interest rate for lease purchases of dwellings by individuals by 4% to 21% per annum.
Apartments and single-family houses can be purchased on a lease scheme with a maximum period of 15 years. A down payment is required to cover at least 20% of the total value of the dwelling.
ASB Leasing’s lease purchase schemes allow for early repayment.
ASB Leasing Ltd was established in March 2004. Over the last decade the company has implemented around 5,000 projects worth more than Br500 trillion ($257.825 million). (Prime-TASS/Business World Magazine)