Bulgarian banks used to overwhelm customers with loan promotions, but just one has ventured special lending rates at the 15th international construction and home renovation fair Stroiko 2000 running in Sofia. Five local banks exhibit at the trade show of which three have special loan offers.
Raiffeisenbank offers a 0.2% discount on the standard rate of its euro-denominated consumer loan and charges no application fee.
UniCredit Bulbank scrapped the application fee and the own funds prepay penalty on its universal and mortgage loans.
The bank’s MasterCard and Visa credit cards come with a promotional 1.2% monthly interest rate and a zero service fee for the first year.
Societe Generale Expressbank will not penalise new home loan borrowers who prepay with own funds.
ProCredit Bank has focused on raising the financial awareness of Bulgarians.
Postbank offers no promotions at the show.