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    Raiffeisenbank extends the promotion of SME loans – the initial interest rate of 5 % is valid by the end of the year


    Raiffeisenbank extends the promotion of its loans for the small business by December 31st, 2006. The small enterprises and free lancers can benefit of the initial annual interest rate of 5 % for loans in euro. The interest rate for the remainder starts from 7,5% and depends on the collateral.

    The maximum term of the loan is up to 10 years and the goal of the financing is purchasing of equipment, real estate, construction works, furniture and working capital.

    The owners of small enterprises get as a bonus a credit card RaiCARD without additional collateral. The card has a pre-approved credit limit between BGN 500 and 12 000 and facilitated procedure with no additional documents required.

    All small companies - new clients of Raiffeisenbank get the package for bank services “Initiative++” in BGN and foreign currency with no fee for the first 6 months. Clients benefit free of charge installation of electronic and internet banking, opening and maintenance of bank accounts, free of charge issuance of international debit cards Maestro, VISA Classic and VISA Electron, as well as other bank services on preferential condition


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