Customers can choose between a loan in Euro with a fixed interest rate for the first 5 years or a loan in Bulgarian leva with an interest rate of 4.5% during the first year.

During the festive month of December UniCredit Bulbank is offering to its customers promotional offers on mortgage loans. Those who are willing to buy a new home at the end of the year can avail themselves of the mortgage loans in Euro with a fixed interest rate for the first 5 years and attractive interest rates.

At the same time UniCredit Bulbank preserves its existing promotional offers on mortgage loans in Bulgarian leva. Until the end of the year the loans for purchasing a home in Bulgarian leva are disbursed with a floating interest rate of 4.5% for the first year. For the remaining period of the loan the interest rate is 6.5%.

“The picking up of real estate market and the high interest in the mortgage loans of the bank motivated us also in the last month of the year to offer to our customers attractive offers for buying a home”, commented Ekaterina Kirilova, Head of Marketing and Segments Department at UniCredit Bulbank. She explained also that a fixed interest rate for loans in Euro brings stability in the conditions of an economically insecure setting.

The customers of UniCredit Bulbank can get various reductions of the interest rate on mortgage loans in Bulgarian leva and Euro, while the interest rate depends on the type of the mortgage loan as well as on whether additional products and services are used.

The lowest interest rates are available to customers of the bank who have a credit card and salary above BGN 1500, who use also other products of their choice such as a Pioneer savings plan, Allianz life insurance or a direct investment in the Pioneer funds with a minimum amount of EUR 500. An important requirement is that the salary of the loan applicant and of the co-debtor has to be received on an account with the bank.

For example: A customer who meets the said requirements and now takes a loan of BGN 50 000 with a period of repayment of 20 years with equal monthly installments will have an Annual Percentage Rate of 8.04% and an interest rate of 4.5% for the first year, and 6.5% for the remaining period.

Mortgage loans are offered without an examination fee and without an early repayment fee when the repayment is made with customer’s own funds. Where the loan is with a fixed interest rate for the first five years, no fee for early repayment is charged after this period.

A fee of 0.95% is charged upon disbursement of the loan, as well as a monthly fee for management amounting to 0.06%. UniCredit Bulbank issues also a free credit certificate for 6 months.

The certificate is a convenience for the customers as it gives them the possibility right at the time when looking for a home to know the approximate amount they could have as a loan. The bank protects its customers even in case of temporary loss of income through the Credit Protection insurance.

More information for media:

UniCredit Bulbank, Identity & Communications Department

Viktoria Blajeva, Phone: + 359 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, Phone: + 359 2 9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch

Magdalena Ivanova, Phone: + 359 2 9232 528, nbhebmfob/jwbopwbAvojdsfejuhspvq/ch