UniCredit Bank to Restructure Foreign Currency Loans
OREANDA-NEWS. November 12, 2014. UniCredit Bank launched a special program to restructure foreign currency loans.
In accordance with the terms of the program, the bank offers its customers two options of restructuring of the loan in foreign currency. Option A provides reduction of the interest rate, while Option B - conversion of a part of a dollar debt at the rate 7.99. Special conditions are available for individuals and clients of MSE segment.
"We clearly understand that because of current situation in the country, the financial condition of customers has deteriorated significantly. For someone payment of currency loan has become a serious challenge. In this difficult situation we make advancers to clients, treat each situation with understanding and try to find a compromise solution. I am confident that the new restructuring program will help clients to reduce the burden of payments on the loan",- said Lubomir Punchev, Director of Retail Business at UniCredit Bank.
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