KAMAZ's Financial Service: 1HY Results

2 August 2017

KAMAZ PTC (part of Rostec State Corporation) summed up the results of KAMAZ vehicles sales within the framework of the KAMAZ-FINANCE program in the first half of the year: sales for the first six months of this year amounted to 1,056 units, which is ten times higher than in the same period of 2016.

According to the Financial Service Department, LEasing with Partners is the leader in increasing sales of KAMAZ-FINANCE in the first half of the year. The volume of sales increased due to special conditions offered by the automaker, the state program of granting subsidies for leasing and Scrappage and Trade-in programs. Six major leasing companies are operating under the program: Leasing Company KAMAZ Inc., Sberbank Leasing, JSC VTB Leasing, JSC VEB Leasing, PJSC Europlan, Baltic Leasing LLC, as well as more than 80 authorized dealers of KAMAZ PTC.

In addition, compared to the first half of 2016, the sale of KAMAZ vehicles under Customer Financing has significantly increased, which is due to a decrease in the interest rates of partner banks. Today, three partner banks – Rosselkhozbank, AK BARS Bank, VTB 24 PJSC – provide the advantageous credit offer to buyers of KAMAZ vehicles.

It is planned to introduce the KAMAZ-FINANCE program at KAMAZ PTC's official partners and improve existing programs for the end users of KAMAZ vehicles in the second half of the year.

Information on the KAMAZ-FINANCE program can be found at the website of KAMAZ PTC in the section Purchase and Service: a client lending programa leasing program with partners, as well as from authorized dealers and at affiliates of partner companies.

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