Bank of Cyprus Lowers Interest Rates
The Bank of Cyprus has lowered its housing loan interest rate to 3,50% from 4,75%, said a spokesman speaking to the press yesterday.
As of August 17th, businesses will be offered a rate of 4,25%, and lower rates on personal and car loans will also be introduced.
Customers who have existing loans will be able to apply for the new rates without extra charges, said the spokesman.
- Printer-friendly version
- Login to post comments
Send by email
PDF version
Poll
Do you think Cyprus should leave the euro and return to the pound?
Yes, we're too exposed to the eurozone's woes
62%
No, we can get through the crisis and benefit from the euro
25%
Undecided, there are pros and cons on both sides
13%
Total votes: 496
.gif)
