OREANDA-NEWS. June 10, 2010. OJSC Nordea Bank has changed the conditions for granting payday loans to private individuals. If such loan does not exceed the amount of 150 thousand rubles (or its equivalent in USD or EUR at the exchange rate of Russian Central Bank as of the loan disbursement date), a personal/corporate guarantee is not required, reported the press-centre of Nordea Bank.

While applying for a consumer loan to Nordea Bank, the customers may enjoy such advantages as short loan application consideration and origination period, with no fee for processing loan application, opening and maintaining a loan account, nor any restrictions and prepayment penalties whether in full or in part. The loan amount will be credited to a card of the international payment system Visa International or MasterCard Worldwide, with the grace period etc.