EnglishStarting this month, Bank Leumi Romania has changed the interest margins and the commissions for home loans.
The lender cut interest rates for loans denominated in Euros by 0.5%, to 6%, plus 3M-Euribor.
For loans denominated in lei, the bank cut interest rates by 0.25%, to 4.75%, plus 3M-Robor.
Furthermore, the 2% maintenance fee has been waived, whereas the review fee was set at 400 Euros for loans in Euros, and to the equivalent in lei of 400 Euros for loans denominated in lei.
Customers that cash their salaries using one of the bank"s accounts get 0.5% off the standard interest rate, for loans in lei as well as for loans in Euros.
"In the case of people that receive their salaries in an account opened with Bank Leumi, for a loan with an equivalent value of 100,000 Euros issued for a period of 30 years, the total amount to be repaid decreases by about 12,000 Euros, and the annual effective interest rates gets cut from 8.05%, to 7.33%", said Alin Alupei, head of the Retail and Private Banking division, which is part of the bank.
The same benefits exist for loans denominated in lei: "For a loan of 420,000 lei, the total amount to repay is reduced by 26,000 lei, and the annual effective interest rate falls from 10.74% to 10.24%", he added.
The bank will finance up to 70% of the value of the investment, regardless of the value of the property, and the maximum maturity of the loan is 30 years.
Euro
Dolar SUA
Franc elveţian
Liră sterlină
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