BCR, the biggest bank on the Romanian market by assets, is no longer selling RON-denominated real estate loans and RON-denominated unsecured loans.
The bank has also dropped from its offer the fixed, 7.75% a year
interest rate on real estate loans levied in the first five years,
and the monthly 0.2% loan management fee. On the other hand, the
interest rate margin on the Casa Mea (My Home) loan has been
boosted by 0.35%, to 5.25% a year above six-month Euribor.
BCR has favoured euro-denominated secured loans in the past as
well, considering that in the First Home scheme, where the bank had
the biggest cap allocated, BCR only had euro-denominated loans in
its offer.
As far as RON-denominated unsecured personal loans are concerned,
the bank offers a fixed interest rate ranging between 17.2% and
20.2% a year depending on the maturity and on the customer’s credit
history with the bank. The bank’s offer of secured personal loans
continues to include both RON and euro-denominated loans.