Updated on 25 April 2019
Established in 2008 Alior Bank S.A. is a universal bank providing products and services to both individual and business customers. The bank combines the principles of traditional banking with innovative solutions. In December 2013, the Bank entered into a strategic alliance with T-Mobile, leading global telecommunications operator. in May 2014, T-Mobile Banking Services delivered by Alior Bank became operational. In February 2015 Alior Bank SA became the major shareholder of Meritum Bank ICB. On June 30, 2015 Meritum Bank ICB was legally merged with Alior Bank.
Poland: This product is offered to Polish residents only. When clicking on the product link you will be redirected to the product page in Polish.
Car loans are secured or unsecured loans provided to customers for the purpose of purchasing a new or used car. Used cars private purchases are financed as a rule with unsecured loans, while the purchase of new cars - via secured loans with the car used as the loan collateral. In terms of repayment, car loans are normally installment loans (i.e., such a loan is repaid in equal installments until the loan is paid off at the end of its term).
The table above shows essential details of selected car loans offered to retail customers by the banks in Poland: currency, effective rate per annum and loan term in months. The car loans terms vary from 3 month to 10 years (120 months).The effective borrowing rates are within the range 5.12 - 5.12 %.