Postbank reduces the interest rate for existing mortgage loans

Postbank reduces the interest rate for existing mortgage loans

Postbank took decision to reduce the Base Interest Rate (BIR) for existing mortgage loans in BGN, EUR and CHF with 0,25%. The change becomes effective as of October 1st, 2012 and will lead to decrease in the amount of the monthly installments on signed mortgage loan contracts. The first decreased monthly installment will take effect as of the respective due date for each client in November 2012.

The clients are kindly invited to visit their servicing Postbank branch to receive information on the changed amount of monthly installments and the new payment plan.

„Postbank's team has always been striving to be the responsible financial partner of its clients throughout their lifecycle. Taking a mortgage loan is one of life's biggest decisions, based on mutual support and confidence. That is why we are building mutually beneficial, transparent and long-term partnerships with our clients. Being among the leaders on the mortgage market, we believe that it has the potential to grow in the current environment. Therefore we are pleased to announce to our clients this favorable change in the interest rates on their mortgage loans. It is our belief that this is yet another step in our strategy to provide best-in-class service to our customers", commented Mrs. Petia Dimitrova, Chief Executive Officer of Postbank.

In addition to the monthly installments decrease Postbank will offer to its clients additional benefits such as a special voucher with preferential mortgage lending conditions - no application fee and half fee for loan extension. All clients or their friends are eligible to receive the voucher-gift.

Postbank's clients can obtain more information about the change in their mortgage loans interest rate by calling 0800 18 00 or by visiting the closest branch of Postbank.

For more information:

Iliana Zaharieva, Corporate Communications Manager, Postbank

Tel.: (+ 359 2) 8166 100

E-mail: IZZaharieva@postbank.bg

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