MOSCOW, May 3. /TASS/. Sberbank of Russia has reduced interest rates on consumer loans in the range of 1 to 8 pp, the bank said in a press release.
The maximum decline - by 8 percentage points - was registered on consumer loans from 1 million rubles ($15.7 mln). Now the interest rate on these loans is fixed for all categories of customers and is 11.9% per annum, according to the press release.