Besides cutting the required down payment, CEC Bank also reduced interest rates.
The campaign targets loans worth up to EUR250,000 used to buy and build homes in capital city Bucharest and county seats.
Banks-Insurance
CEC Bank Cuts Required Down Payment On Mortgage Loans To 20% Until End-2016
Romanian lender CEC Bank has decided to cut the minimum downpayment required on mortgage loans to 20% from 30%, as part of a promotional offer valid until the end of 2016.