Citibank announces the interest rates valid for October 2008.
A. LENDING RATES IN EURO
1. BUSINESS LOANS - REFERENCE RATES:
a. Citibank Minimum Base rate: from 8,21% (September) to 8,49%
b. Citibank Base rate: from 9,10% (September) to 9,38%
c. Citibank Prime rate: from 8,10% (September) to 8,38%
d. Citibank Business rate: from 11,60% (September) to 11,88%
2. BUSINESS LOANS - REFERENCE RATES IN FOREIGN CURRENCY:
US DOLLARS: from 5,28% to 6,35%
YEN: from 3,36% to 3,44%
ENGLISH POUNDS: from 8,33% to 8,84%
SWISS FRANCS: from 5,24% to 5,42%
**The final business rates depend on the refence rate and the spread (0,5%-3,5%), which is negotiable.
3. SECURED MORTGAGE LOANS FOR PURCHASE / REPAIR:
a.WITH VARIABLE INTEREST RATE (linked to 6 month Euribor)
from 15,000 – 99,999 euros (based on Loan to Value):
from 6.35%-6.45% (September) to 6.51%-6.61%
from 100,000 – 299,999 euros (based on Loan to Value):
from 6.25%-6.35% (September) to 6.41%-6.51%
from 300,000 – 1,000,000 euros (based on Loan to Value):
from 6.15%-6.25% (September) to 6.31%-6.41%
b.WITH VARIABLE INTEREST RATE (linked to 1 month Euribor)
from 15,000 – 99,999 euros (based on Loan to Value):
from 5.77%-5.87% (September) to 6.28%-6.38%
from 100,000 – 299,999 euros (based on Loan to Value):
from 5.67%-5.77% (September) to 6.18%-6.28%
from 300,000 – 1,000,000 euros (based on Loan to Value):
from 5.57%-5.67% (September) to 6.08%-6.18%
4. HOME EQUITY LOANS WITH VARIABLE INTEREST RATE (linked to Euribor) for amounts
from 10,000 – 100,000 euros from 7,17% (September) to 7,68%
5. PERSONAL INSTALLMENT LOANS SECURED WITH TIME DEPOSITS
(FOR AMOUNTS 20.000 – 500.000 euros & tennor 12 - 144 months)
Variable interest rate (inked to 6 month Euribor)
from 6.15%-6.45% (September) to 6.31%-6.61%
The above-mentioned rates do not include the contribution of Law 128/75, which is to be added where necessary as provided by law.
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