05 September 2008
 
 
 

Daily News
 
Bulgarian banks covertly increase interest rates
15:00 Tue 12 Feb 2008
If, for example, you have taken a housing loan of 50 000 leva to be paid off within 20 years, the increase of 1.5 per cent means you will pay 100 leva more every month.
If, for example, you have taken a housing loan of 50 000 leva to be paid off within 20 years, the increase of 1.5 per cent means you will pay 100 leva more every month.

Bulgarian banks increased interest rates on loans very slightly last week. The changes have not been officially announced.

Clients learn about the higher rates when paying the instalment or if they ask the financial institution. Interest rates have increased by 0.5 up to 1.25 per cent, Standart daily established.

If, for example, you have taken a housing loan of 50 000 leva to be paid off within 20 years, the increase of 1.5 per cent means you will pay 100 leva more every month.

 
 
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