MONETA had a record year with loans to motorists, it lent them nearly 4 billion
Prague, May 11, 2022
Last year, MONETA saw record interest in car and motorcycle loans. 11,852 contracts worth CZK 3.941 billion were financed. This was greatly aided by the SMARTauto app, which is available from most car dealerships or dealerships. With the start of the motorcycling season, fans of single-track vehicles can use the loan product motoCREDIT and buy their dream motorcycle quickly and easily.
It usually takes three business days to complete the paperwork and disburse the loan for a purchased car. With the SMARTauto application, it is possible to manage the entire processing of the loan documents as well as the signing of the contract online in 30 minutes. “In addition to online loan approval, contract documentation can be viewed immediately and can be biometrically electronically signed via a mobile device. This will allow for a great acceleration of the entire vehicle finance loan.” explains Vojtěch Neduchal, director of MONETA Auto.
MONETA also offers a loan for the purchase of a motorcycle, the motoCREDIT. The customer has a fixed interest rate for the entire repayment period and pays the first installment 30 days after receiving the motorcycle. The minimum loan amount is CZK 25,000 and within this it is also possible to take out compulsory motor third party liability insurance or motor damage insurance with a special insurance rate from Generali Česká pojišt’ovna. Repayments can be spread up to 84 months and the customer can fix them according to his wishes. MONETA can also help the customer finance a new or up to 6 year old motorcycle up to 100% of its purchase price. The loan rate starts from a favorable rate of 7.9%.
“The loan can be arranged on the spot in a single visit directly to the car dealer or our sales representative. The customer can walk away with his new motorcycle in practically an hour.” adds Vojtech Neduchal.
For more information please contact:
Zuzana Filipová, mobile: +420 702 246 545, [email protected]
MONETA Money Bank, as, which controls the MONETA holding company, is a leading independent Czech bank, serving its customers through its nationwide network of branches. The bank has been listed on the Prime Market of the Prague Stock Exchange since 2016. The bank has focused on a business model focused on retail and SMEs with a strong position in the consumer and agricultural segments . In addition, the bank offers its customers insurance products and investment funds. MONETA serves over 13% of the Czech population through an omnichannel distribution strategy that includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call center, car dealerships, a construction company and a mortgage bank, brokers and leasing partners. .