OTP Bank Romania has reduced the interest rates afferent to the credits provided in CHF to individuals, effective 1st December, 2006.
For the personal needs loans conceded in CHF, the interest rate decreased from 8% to 7.5%, for the personal needs loans with mortgage in the same currency, the interest rate decreased from 7.5% to 6.5% and for the auto credits in CHF, the interest rate decreased from 7.5% to 7%.
In the case of mortgage, acquisition and construction loans in CHF, OTP Bank Romania decreased the interest rate from 6.5% to 5.5%.
For clients taking any of the above credits, OTP Bank Romania also offers a free 1-year subscription to the OTPdirekt service.
OTP Bank Romania has reached by September 2006 a market share of 1.82% in the retail segment, driven by a growth in mortgage loans in which OTP Bank Romania has a 3.85% market share.
At the moment, the bank implements an accelerated development plan, by launching a large number of products and by opening several new operational units across the country, so that OTP Bank will finish the year 2006 with a number of 70 operational units.
OTP Bank Romania is a part of OTP Group, one of the most important financial groups in Central and Eastern Europe, with operations in 9 countries, such as Hungary, Slovakia, Croatia, Bulgaria, Russia, Ukraine, Serbia, Montenegro and Romania. OTP Bank, the biggest bank in Hungary, has been included by Forbes Magazine in the top 1000 most important corporations of the world.
For more information regarding OTP Bank Romania products and the operational units network as well, please access www.otpbank.ro or call 0800 88 22 88 free of charge, only from the fixed telephone network, or, on a regular charge at *OTPBANK (*6872265), from the Vodafone and Orange networks (from Monday to Friday, between 8.30 – 17.30).
