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BCR reduces interests for mortgage loans in lei

Romanian Commercial Bank (BCR) announced it reduces the interest for the loans secured by RON-based mortgages for My House and Maxicredit.

The beneficiaries of this facility of 0.4 percent cut interest are the retail customers, According to Ioana Mihai, Head of Secured Loans of BCR, the bank “offers a special rate starting from 8.67% variable interest rate throughout the loan (APR 9.12%) and 8.9% fixed rate for the first 5 years after the variable (9.23% APR) for home loans in lei. Also, the bank offers free voluntary property insurance policy for the entire crediting period. The Interest rate reduction for loans taken in lei underlines the commitment to lending in domestic currency stated by BCR as it strengthens its leading position on mortgage lending.”

 

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BANCA COMERCIALA ROMANA SA