OREANDA-NEWS. August 27, 2007. FUIB (First Ukrainian International bank) continues to extend the line of retail products for its clients and launches the new “Land Purchase Loan” product, reported the press-centre of FUIB.

The loan for the purchase of land is granted for the period of up to 20 years, the minimum down payment equalling to 0%. Moreover, the interest rates are among the most beneficial in the market — min.11,5% per annum in foreign currency and min. 17% per annum in UAH.

Introduction of the new “Land Purchase Loan” product to the market, in addition to the existing “Housing Purchase Loan”, “Credit for personal needs secured by real estate” and “Refinancing of Mortgage Loan” products,  will allow the FUIB clients to use the full range of mortgage lending services. 

It is worth mentioning that this is the fourth improvement in the mortgage sphere implemented by First Ukrainian International bank for its clients within the current month. Thus, the Bank cancelled the commission fee for prepayment of the mortgage loan during the first year of the credit term, extended the term of crediting for the “Credit for personal needs secured by real estate” product from 10 to 15 years, and introduced two new products to the market  – “Refinancing of Mortgage Loan” and  “Land Purchase Loan”.