Today, 8 out of 17 banks already offer fully remote lending with a limit of up to 20,000,000 drams and starting from a 16% actual interest rate. If previously you had to wait for days for approval or stand in line at branches, now identification is done via video call or electronic signature, and the money is deposited into your account just 15 minutes after submitting the application.
However, not all “quick” loans are equally beneficial, and not all banks provide loans to non-residents or without strict income verification. Where are the hidden low interest rates, which banks automatically approve applications on weekends, and how can you use the AFM platform to compare all market offers with one click to save time?
Find out all the details and see the updated list of banks here.
