Given the high risk in the context of the law on debt discharge, the interest rate margin will also increase by 1 percentage point for loans in lei and by 2 percentage points for loans in foreign currency, for loans taken to buy or build homes, as well as for personal loans and loans for refinancing mortgage loans.
“Through these changes, CEC Bank is adapting its lending offer to the new legislative framework, aiming mainly at protecting the interests of the entire client portfolio,” said Radu Gratian Ghetea, CEC Bank president general manager.
Mortgage loan interests currently range between 2.7% and 3.7% for loans in lei, and 5.5-5.9% for loans in euros, respectively.