EXIMBANK - Gruppo Veneto Banca Launched New Credit Product
OREANDA-NEWS. July 08, 2011. All branches of the Bank will offer a new credit product to individuals - mortgage loan FAMIGLIA, reported the press-centre of EXIMBANK - Gruppo Veneto Banca.
The mortgage loan FAMIGLIA is intended for families, who plan to buy a new apartment/ house or a land lot to build a house, or whose who already own a property and want to repair or renovate it.
The main advantage of the newly launched product is the term of the loan– up to 20 years, with repayment of loan and interest rate in annuity - the amount of the monthly payment remains the same during the term of the contract. Moreover, the new credit product is offered in Moldavian lei at an advantageous interest rate. The maximum amount of the loan is up to 2 million MDL, but it can not exceed 75% of the collateral amount.
The new product is adjusted to the current conditions of the market and has attractive conditions that meet multiple requirements of clients for improving current living conditions. The launch of this product by the Bank is a new step towards consolidation of the retail segment, through offering one of the most accessible mortgage loans on the market, catering to various clients’ profiles.
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