Until the end of the year, UniCredit Bulbank will provide to its customers mortgage loans at a lower, fixed interest rate of 6.58%* during the first year. With the loan the customers may fund a real estate purchase, construction or refurbishment.

„We have been watching closely the development of the bank mortgage market since the beginning of this year, as well as the somewhat bleak real estate market. The fact that despite the concerns about a crisis in the sector mortgage loans are increasing and not decreasing, makes us assume a more active credit position as at the same time we also take into account the economic reality of declining incomes. In order to support our customers, who even now in the current difficult economic environment are willing to invest in residential properties, we reckon that a fine gesture towards them, i.e. low installments during the following 12 months will be as beneficial for them as for the bank.”, commented Lyubomir Punchev, member of UniCredit Bulbank’s Management Board and head of Retail Banking. The offered interest rate of 6.58% for the first year is one of the lowest on the market.

Among the other advantages of this new proposal by UniCredit Bulbank is the lack of a penalty fee upon loan repayment ahead of schedule. The customers may select a repayment term of up to 35 years, declining or annuity installments, as well as they have the opportunity to use a grace period under the principal. The Bank funds up to 85% from the market appraisal of the real estate.

Everyone that applies for a loan until the end of the year will also receive a credit card without any maintenance fee during the first year, free-of-charge issuance of the most secure debit card on the market, i.e. V PАY, and free-of-charge usage of the Bulbank Online service for a year.

An additional advantage for UniCredit Bulbank’s customers is the special programme “Share and save”. Every borrower that brings a new customer, who utilizes a loan, may save one interest payment. There is no limitation as to the number of customers one may bring in.

Further information you can get on Phone.No. 0 700 1 84 84 or at www.unicreditbulbank.bg, as well as in any branch of UniCredit Bulbank.

* APR – 10.17%. upon a loan of 40 000 EUR with a term for repayment with annuity installments of 10 years, interest rate for the rest of the term after the first year - 8.58% (value as of the date of signing the loan agreement), including costs for a Life insurance and a property insurance.

For contacts:

UniCredit Bulbank, PR and Corporate Identity

Viktoria Blazheva, Phone No. 02/9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, Phone No. 02/9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch