Interest Bulletin

For loans

 Lending for private clients

 

Loan Investment

(BGN/EUR)

6-month EURIBOR + 3.50 p.p., min. 6.25%

Loan EcoMobility

(BGN/EUR)

6-month EURIBOR + 0.75 p.p., min. 2.75% 

 FlexFund Overdraft

(BGN/EUR)

7.75%

Credit card

(BGN/EUR)

18.00%

Credit card secured with deposit

(BGN/EUR)

14.00%

 

Loan "Investment"

Example

For Loan "Investment" on amount of BGN 30,000, loan period 5 years, annual interest rate 6-month EURIBOR + 3,50 p.p., min. 6.25%, application processing fee BGN 100, creditworthiness assessment fee BGN 100: equal monthly installment BGN 587.74, total amount due (principal, interest and fees) BGN 35 883.86 . Annual percentage rate of charge (APRC) - 7.58%.

Loan "EcoMobility"

Example

For loan "EcoMobility" on amount of EUR 30,000, EUR 5,000 down payment, loan period 5 years, annual interest rate 6-month EURIBOR + 0.75 p.p., min. 1.99%, equal monthly installment EUR 536.26, total amount due (principal, interest and fees) EUR 32 582.60. Annual percentage rate of charge (APRC) – 3.36%.

FlexFund Overdraft 

Example

For FlexFund overdraft on amount of BGN 3 000, loan period 1 year, annual interest rate 7.75%; total amount due (principal, interest and fees) BGN 3 355.77 on the assumption of the amount is utilized fully and for the whole period and the principal will be repaid one-time at the final repayment day. Annual percentage rate of charge (APRC) - 12.53%.

Credit card

Example 1

For Credit cardon amount of BGN 3 000, loan period 4 years, annual interest rate 18%: total amount due (principal, interest and fees) BGN 5 671.50 on the assumption of the credit limit is disbursed for period of 48 months, the limit is fully utilised for the whole loan period, and the principle will be repaid one-time on the final repayment day. Annual percentage rate of charge (APRC) - 24.66%.

Example 2

For Credit card on amount of EUR 3 000, loan period 4 years, annual interest rate 14%: total amount due (principal, interest and fees) EUR 4 803.00 on the assumption of the credit limit is disbursed for period of 48 months, the limit is fully utilised for the whole loan period, and the principle will be repaid one-time on the final repayment day. Annual percentage rate of charge (APRC) - 16.09%.

Housing loan "New Home"

Housing loan „New Home" is available in BGN and EUR. You can choose between a floating interest rate that will be adjusted in line with the benchmark in the beginning of each 6-month period, and an interest rate that will remain fixed in the first 5-year period.

All interest rates are per annum.

  Floating interest rate Interest rate determined for the first 5-years period 
BGN and EUR 6-month EURIBOR + 1.20 p.p., total not less than 2.80%** 6-month EURIBOR + 1.90 p.p., total not less than 3.50%

Since 01/01/2023, when determining the interest rate under each loan agreement, ProCredit Bank (Bulgaria) EAD takes as a reference value of EURIBOR: 0.75% for Housing loans and 1.25% for all others loans.

Interest rates are only available to clients with salary transfer in the Bank and unlimited liability, i.e. with all property.

For clients are responsible up to the amount of the registered collateral established, the indicated annual interest rates are increased by 1.5 percentage points.

Example 1

For Housing loan „New Home" in the amount of EUR 100 000 with salary transfer and a loan period of 20 years, floating annual interest rate of 6-month EURIBOR + 1.20 p.p., min. 2.80%, application processing fee EUR 50, creditworthiness assessment fee EUR 150: equal monthly installments EUR 546.66 for the first 6 months, total amount due (principal, interest and fees) EUR 134 007.68. Annual percentage rate of charge (APRC) - *** 3.14%.

Example 2

For Housing loan „New Home" the amount of EUR 100 000 with salary transfer and a loan period of 20 years, fixed annual interest rate for the first 5 years 6-month EURIBOR + 1.90 p.p., min. 3,50%, application processing fee EUR 50, creditworthiness assessment fee EUR 150: equal monthly installments EUR 717.39 for the first 5 years, total amount due (principal, interest and fees) EUR 131 355.93. Annual percentage rate of charge (APRC) - *** 3.89%.

 

*** The Annual percentage rate of charge includes: application processing fee, credit assessment fee,collateral evaluation fee /apartment/, fees related to issuance of documents for registration/deletion of mortgage, annual property insurance fee, monthly account maintenance fee.

For Deposits and Accounts

Annual interest rate for FlexSave account for clients using a current account, debit card and Internet banking

Currency Interest rate
BGN/ EUR 0.30%

 

Annual interest rates for Standard Term Deposits for clients using a current account, debit card and Internet banking

Currency Min. balance 12 months 24 months 36 months
BGN/ EUR/ USD 5 000 0.75% 0.90% 1.05%

Interest rate for current clients not using a current account, debit card and Internet banking: Interest rate - 0%.

Interest rate in case of premature withdrawal: Interest rate - 0%.

Current account (for all currencies), Payment account for basic operations (in BGN) - Interest rate: 0%.

All interest rates are accrued on basis 365/360 days.

Interest rates for private individuals with balance more than EUR 100 000 on their accounts (current accounts/deposits/FlexSave) are negotiated individually.

Savings up to BGN 196,000 are guaranteed by the Bulgarian Deposit Insurance Fund (BDIF)