Saturday, June 09, 2007

Ohrid Bank offers home loans with 8% interest rate

Ohrid Bank, part of Societe Generale Banking Group, announced Thursday home purchase loans with interest rate amounting 7.97 per cent.

The bank's First General Manager Bernard Koenig and the Skopje branch manager Nina Nedanoska unveiled bank's loan programs at today's press conference in Skopje.

The main advantage of home purchase loans offered by Ohrid Bank is that the clients can buy an apartment with minimum balance requirements.

Nedanoska said the repayment period of home purchase loan, amounting to 30.000 euros, ranges 25 years, with 20% downpayments (6.000 euros). The minimum income of loan applicant is set at 361 euros.

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