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النهار أونلاين
BNA Bank Offers Up to 90% Financing for Bus Purchases
The National Bank of Algeria (BNA) has launched a new financing offer to enable carriers to acquire new buses. The offer provides funding covering up to 90% of the bus's value, with a minimum personal contribution of 10%. The financing term can extend up to 10 years, with a deferment period of up to 6 months for repayment. The annual interest rate or profit margin is 5.5%, excluding fees, and repayment is made in quarterly installments. This offer is part of the national program to purchase 10,000 new buses.
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