• This loan can be used for the purchase/building/ extention/renovation of a house/apartment or holiday home.
• (This loan is not available  for commercial/proffesional purposes or for the purchase of a plot of land).
• This loan can also be used for the purchase of a residence abroad.

• The maximum repayment period is 25 years
• This scheme offers new repayment methods such as one year grace period (for the capital repayment) and the option of having 11 instead of  12 installment payments per year.
• The maximum loan amount can reach 80% of the total value of the property.
• Arrangement fees 0,25%-1,00% (one-off)

• There is the option of having 11 instead of 12 installment payments per year.
• There is a  1 year repayment grace period i.e the repayment starts 1 year after you move in your house/apartment/holiday home (during the grace period you are paying only the acrrued interest but no capital)
• Free home insurance is provided by the Group’s General Insurance Company, for the first year.

  * APR= 7,1%

• This loan can be used for the purchase/building/ extention/renovation of a house/apartment/holiday home or for the purchase of a plot of land.
• (This loan is not available  for commercial/proffesional purposes).
• This loan can also be used for the purchase of a residence abroad

• The maximum repayment period is 25 years There is an optional grace period of 1 year in the repayment of both  the capital and the interest.
• The maximum loan amount can reach 80% of the total value of the property
• Arrangement fees 0,25%-1,00% (one-off)

• There is a noncompulsory grace period in the repayment of the loan including (capital & interest) according to the purpose:
• (a) 12 months for house building
• (b)  6 months for any other purpose
• (during the grace periods above you   don’t pay any interest or capital   instalments)
• Free home insurance is provided by the Group’s General Insurance Company, for the first year.

  * APR= 7,2%

• This loan can be used for the purchase/building/ extention/renovation of a house/apartment/holiday home/ office space or for the purchase of a plot of land.
• This loan can also be used for the purchase of a residence abroad

• By depositing regularly on a monthly basis for a period of 2-20 years, or
• By depositing a lump sum amount for a minimum period of 1 year
• at the end of the period you can be granted a housing loan  equal to 4-times the accumulated  deposit amount (capital+interest)
• Arrangement fees 0,25%-1,00% (one-off)

• By depositing money at the bank for a specific period you can gain access to a housing loan equal to 4 times the amount of your deposit  (capital+interest)
• Long-term repayment period (up to 20 years)
• Free home insurance is provided by the Group’s General Insurance Company, for the first year.

Deposits

According to the deposit balance the (variable) interest rate is either 3,50% or 3,75%

 Loan 

The (variable) interest rate is 7,25% 

 * APR= 7,5%

• This loan can be used for the purchase/ building/extention/ renovation of a house/an apartment/a holiday home/an office space or for the purchase of a plot of land.
• This loan can also be used for the purchase of a house abroad

• The customer takes a Life Insurance policy with an amount and term period equal to that of the housing loan. The insurance policy is assigned to the bank.
• The loan capital is repaid by the maturity value of the inurance policy.
• The monthly installment payments are comprised of interest and insurance premiums.
• The repayment can be with:
  
  • (a)  equal monthly installments
    
  • (b) increasing installments on the insurance premiums (Balloon 1)
    
  • (c) increasing     installment on both interest and premiums (Balloon 2)

• Long-term repayment period (up to 25 years)
• With the Balloon-‘1’ loan the monthly repayment of the customer is 10% lower than the repayment with the loan with equal installments
• With the Balloon-‘2’ loan the monthly repayment of the customer is 40% lower than the repayment with the loan with equal installments
• Both insurance premiums and interest payments are tax deductible
• Free home insurance is provided by the Group’s General Insurance Company, for the first year

  * APR= 7,0%

• This loan can be used for the purchase/building/ extention/renovation of a house/apartment holiday home or for the purchase of a plot of land.
• This loan is not available  for commercial/ proffesional purposes)
• This loan can also be used for the purchase of a house abroad.
• n addition, this loan can help high income individuals to gain considerable tax deductions

• The customer takes a Life Insurance policy with an amount and term period equal to that of the housing loan. The insurance policy is assigned to the bank.
• The loan capital is repaid by the insurance product at maturity.
• The monthly installment payments are comprised of interest only and insurance premiums.
• The repayment can be with:
• (a)  equal montlhy instalments
• (b)  increasing installments on the insurance premiums Balloon 1)
• (c) increasing installment on both interest and premiums(Balloon 2)

• Long-term repayment period (up to 25 years)
• There is a  noncompulsory grace period in the repayment of the loan (interest only) according to the purpose:
• (a) 12 months for house building
• b) 6 months for any other purpose
• during the grace periods above you  don’t pay any interest installments)
• Both insurance premiums and interest payments are tax deductible
  Free home insurance is provided by the Group’s General Insurance Company, for the first year

  * APR= 7,1%

• The loan can be used to buy a house, an apartment or an office space in Cyprus.
• This loan is also availabe to Cyprus Residents (i.e Cypriots) wishing to purchase a residence abroad

• This loan is especially addressed to Non Residents including:
  -Foreign Nationals, whether living in Cyprus or not

  -People of Cypriot origin living abroad

  -Offshore Companies

  - Tourists who may want to invest or buy property in Cyprus

• These housing loans are granted in foreign currency only.
• The loan is available in any major currency (USD, EUR, GBP, JPY and CHF) or in any other currency of your choice.
• The maximum loan amount is 80% of the property value in Cyprus.
• The maximum loan amount for Cypriots purchasing a house abroad is the equivalent of CY£200.000.
• The maximum repayment period is 10 years (in accordance with the instructions of the Central Bank of Cyprus).

   

• The customer can choose the foreign currency.
• Competitive interest rates are available.
• There is a long term repayment period.
• The size of the loan depends on the needs and repayment ability of the customer.
• An investment in Cyprus is always a good opportunity.

This loan is denominated in EURO an is addressed to individuals or companies that wish to

• purchase a plot of land, or 
• purchase/build/ extent/renovate a house or an apartment including an office space in Cyprus.

• The maximum loan amount is 80% of the value of the property (the other 20% is contributed by the customer).
• The loan amount can not exceed the equivalent of CY£100.000
• The minimum loan amount is the equivalent of CY£10.000.

• There is a long-term repayment period up to 20 years.
• There is no interest rate fluctuations for a period of 5 years.
• At the end of the 5-years period, the customer has the option to choose the type of interest (fixed or variable) that he/she wishes to have for the next 5 years. (The exact fixed and fluctuating interest rates wil be announced by the bank)

·        The fixed interest rate is 5,95% for a period of five years.