Banca Intesa reports 40% increase in home lending
Banca Intesa confirmed in 2016 its leadership position in the housing loans segment with a 40% increase in loans insured by the National Mortgage Insurance Corporation (NKSOK) compared to 2015 and a 23% market share.
03.02.2017
Banca Intesa confirmed in 2016 its leadership position in the housing loans segment with a 40% increase in loans insured by the National Mortgage Insurance Corporation (NKSOK) compared to 2015 and a 23% market share.
Last year, the bank approved a total of €62.3m worth of housing loans insured by NKOSK against €43.3m in 2015, thus helping the citizens of Serbia buy a home under very favourable terms. Also, growth was reported in terms of the number of housing loans, which rose from 1,047 in 2015 to 1,487 in 2016.
Housing loans insured by NKOSK, with a fixed monthly instalment, are available to citizens with an interest rate from 3.29% annually throughout the entire repayment period of up to 15 years. The bank also offers home loans insured by NKOSK with a variable annual interest rate from 2.57% (2.79% plus six-month EURIBOR) and a repayment deadline of up to 15 years, which makes them the most favourable home loans on the market when it comes to EUR-indexed loans with a repayment period of 180 months, while loans with a repayment term of 15-30 years are approved with an annual interest rate from 2.68% (2.90% plus six-month EURIBOR).
Banca Intesa housing loans of are at the disposal of citizens without the fee for early loan repayment from own funds, without the fee for annual loan maintenance and without a required life insurance.