Kiev, Piraeus Bank entered the TOP-15 banks with the most favorable for clients mortgage terms according to the rating of the most profitable bank’s offers on mortgages on the secondary market, car loans and credit card issue that was held by “Dengi” business weekly (# 16 as of 29.08.2013).
According to information from the Piraeus Bank’s Retail banking department the bank offers mortgage loans on the secondary market with rate 20-20,5% per annum in hryvna (rate depends on the down payment) for the tenor of up to 20 years and the possibility of early repayment without penalties. Minimum down payment from borrower’s side amounts to 30% of the cost of housing.
Method of the loan and interests for its use repayment may be either standard (with interest accrual on the rest of the loan sum) or annual (payment of interest and the amount of credit in equal installments). The upfront fee is 1,5% of the loan sum and is paid only once, the bank does not charge any other commissions or fees.
Svetlana Cherkay, Piraeus Bank in Ukraine member of the management board, director of the branch network department: "Mortgage lending is a priority area in the retail business of Piraeus Bank in Ukraine"
"Mortgage lending is a priority area in the retail business of Piraeus Bank, therefore we offer attractive conditions for individuals wishing to purchase real estate, as well as beneficial cooperation programs for real estate agencies – Svetlana Cherkay, Piraeus Bank in Ukraine member of the Management Board, said. - In addition to standard mortgage lending, Piraeus Bank also offers several special credit programs established together with State Mortgage Agency, with preferential interest rates on loans (from 18% per annum)”.
In addition, Piraeus Bank entered the TOP-10 banks with the most favorable offer for a credit card issue and the TOP-5 banks for car loans.
For detailed information about loans for individuals please phone the call centre: 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge), visit the bank branch or official web-site www.piraeusbank.ua.
Note. Piraeus Bank Group is one of the major banking institutions of Southern and Eastern Europe. Piraeus Group's pro-forma total assets amount to €95 bn, net loans to €63 bn and customer deposits to €55 bn (at the end of June 2013).
Piraeus Bank entered the Ukrainian market in 2007.
Piraeus Bank has the highest rating of deposits reliability provided by "Credit-Rating" Agency (grade "5"as of latest rating of 27.09.2013).
The Bank is authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals and Forum of Leading International Financial institutions (FLIFI).
Piraeus Bank in Ukraine Press Service
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.