OREANDA-NEWS. On August 13, 2007 First Ukrainian International bank (FUIB) has extended the term of the “Credit for personal needs” up to 15 years. Thus, within one month the Bank has twice improved the line of retail credit products, making this product more attractive and available, reported the press-centre of FUIB.

FUIB is one of the few domestic financial institutions offering consumer credit on security of real estate for such term. First Ukrainian International bank has extended the credit term for 5 years, which will allow the clients to use this credit product over a longer period of time and considerably decrease amounts of monthly instalments.

One of the advantages of this consumer credit is the absence of the Bank control over end use of the credit funds. Having arranged the credit for personal needs, the Bank clients can purchase an apartment, a country cottage, land, cover repair or travel expenses, invest money in business development - i.e. use the funds at their own discretion.