29 Iunie 2009
CEC Bank sets maximum lending ceiling at 400 mln lei for loans under First Home scheme
CEC Bank, decided that loans under First Home program granted by the bank to be leu-denominated, which will be converted in euros after the country enters the Eurozone and set the maximum lending ceiling at 400 million euros.
Radu Gratian Ghetea, president of the bank, explained that it was always better that revenues and credit installments to be in the same currency. He added that the EURIBOR rate is near a all-time low, while ROBOR could decrease, NewsIn informs.
The bank will charge an annual interest equal to the average interbank bid rate plus 1.9 percent, but will not request any granting, analysis or administration fees.
The government stipulated that banks granting loans under the First Home program can charge a maximum rate of 4 percent a year above the EURIBOR rate for loans in euro and of 2.5 percent above the ROBOR rate for loans in lei.
The bank will charge an annual interest equal to the average interbank bid rate plus 1.9 percent, but will not request any granting, analysis or administration fees.
The government stipulated that banks granting loans under the First Home program can charge a maximum rate of 4 percent a year above the EURIBOR rate for loans in euro and of 2.5 percent above the ROBOR rate for loans in lei.