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    Raiffeisenbank launches “Open line” customer loans with preliminary approval


    The clients of Raiffeisenbank (Bulgaria) EAD can receive a preliminary approval for customer loans within 15 minutes over the telephone calling Raiffeisendirect at 0700 10 000, at the cost of a local phone call. Starting from November 29th 2004, the new bank product for customers – “Open line” credit gives an opportunity to busy people to get conveniently and quickly cash money for covering expenses and other everyday consumer needs.

    The maximum period for re-payment of the “Open line” credit is 25 years, the maximum amount for unsecured loans is up to 7 000 BGL and the maximum amount for secured with guarantors loans is up to 12 000 BGN.

    The promotional interest rates of Raiffeisenbank (Bulgaria) EAD of 11,50% for the first year of the credit for consumer loans is also valid for the new bank product “Open line”. The application and approval procedure, as the utilization of the loan amounts is made easy and simple regarding to the client’s needs.


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