Victoriabank issues EAR 6.07% for First House beneficiary

Victoriabank launches a unique promotion for people who want to get credit through the First House program, which consists in lowering the Bank's margin from 3% to 1%.

Thus, the annual effective interest rate (EAR) for new contracts will only be 6.07% (offer valid until October 8, 2018). The package of documents has been simplified by omitting the salary certificate.

First House program was launched from the beginning of 2018. Victoriabank joined the program in March 2018, helping 35 families to get their first apartments.

Beneficiary has to pay at least 10% of total value of house while its price may not exceed 1 million lei (according to the sale-purchase contract).

The First House Program is a credit project for all citizens of the Republic of Moldova, aged 18 to 45, do not have a mortgage loan for home purchase.

For more details, visit the Publika">Victoriabank website, call or visit any Publika">branch in the country.

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