News » January, 2011 » 10 January 2011
BCR discontinues RON-denominated mortgage loans
10.01.2011, 00:10 | Finance-Banks | 827 views
BCR, the biggest bank on the Romanian market by assets, is no longer selling RON-denominated real estate loans and RON-denominated unsecured loans. The bank has also dropped from its offer the fixed, 7.75% a year interest rate on real estate loans levied in the first five years, and the monthly 0.2% loan management fee. On the other hand, the interest rate margin on the Casa Mea (My Home) loan has been boosted by 0.35%, to 5.25% a year above six-month Euribor. BCR has favoured euro-denominated secured loans in the past as well, considering that in the First Home scheme, where the bank had the biggest cap allocated, BCR only had euro-denominated loans in its offer. Read more on ZF.ro
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