Banca Comercială Română (BCR) is extending the fixed-interest period for “Casa Mea” mortgage credits to 10 years, with an interest of only 5.95% for clients who have or will have their income/pension paid in a BCR account, and with NO application processing fee. For clients who do not receive their income in a BCR account, the interest increases by only 0.2%.

“During the last few years, BCR has focused on removing risks associated with credits, specifically forex and interest fluctuations. As long as we offer our clients attractive fixed interests, they will prefer to protect themselves against the interest-related risk for as long as possible. BCR started with a 3-year fixed interest, then a 5-year one, and now it takes another major step with a 10-year fixed interest. Over 80% of our clients chose the “Casa Mea” mortgage credit in 2014 with a 5-year fixed interest. Considering the extended period of up to 30 years granted for mortgage credits, we wish to offer our clients predictability for as long as possible. This is why, beginning this month, we will offer our clients the possibility to know, from the very moment they are granted the credit, how much they will pay every month over the next 10 years. This offer is unique on the Romanian market and we are certain that in time, it will become our client’s favourite option”, stated Ioana Mihai, Manager of the BCR Granted Credits Department.