PURPOSE: Acquisition, refurbishment, construction of a property

CURRENCY: Euro

LOAN AMOUNT: minimum 10.000 Euro, no maximum limit

ADVANTAGES:

• Loan tenor: minimum 5 years, maximum 35 years
• Maximum age at the end of the loan tenor: 67 years
• Financing up to 80% from the value of the property
• All types of incomes that can be justified with legal documents are taken into consideration
• Indebtness ratio up to 65%
• Any individual can participate as co debtor/guarantor
• No monthly administration fee
• No early repayment commission

LOAN PRICING

• Annual interest rate
• Variable interest rate based on  Euribor 3 months + bank's margin

 Euribor 3 months + 5.95%*

• DAE: 7.12% calculated for entire loan tenor of 35 years for EUR  100.000 (Euribor 3 months = 0,699 as of 31.05.2010)
• Costs of the loan
• Analyses fee: 1,75% from the loan value
• Monthly administration fee: 0%
• Evaluation fee - 100 EUR
• Notary authentication  fee for the sales contract and the mortgage contract                ( non-banking fee)
• Noting fee- AEGRM ( non -banking fee)
• Insurance of the real estate mortgaged (non-banking fee)
• Early repayment commission : 0%

 Collaterals:

• First rank mortgage in favour of the bank ( located in Romania)
• Real estate insurance policy to be assigned in favour of the bank
• Pledge on the monthly income for all the loan participants
• Pledge on current accounts for all participants, if necessary