07 April 2006

New Loan «SPRING EXTRA» from the Greek Postal Savings Bank

Continuing its policy in the Consumer Loan sector of issuing low interest rate loans, starting on Monday 10 April, the Greek Postal Savings Bank will offer its customers the «SPRING EXTRA» Personal Loan, in order to meet their requirements in preparation for the Easter Holidays.

All Greeks and foreign citizens with a net annual income over 7.000 € who are older than 22 years old and younger than 70 years old have the right to apply. The amount of the loan ranges from 1.000 to 10.000 € depending on the customer’s credit rating, and the loan duration ranges from 12 to 120 months.

The interest rate is the lowest on the market, (6,90% plus the 0.60% charge in accordance with Law 128), fixed for the first 60 months and adjustable for the remaining period. The filing costs are 30 € at the time of the application to cover the cost of investigating and evaluating the customer and 70 € at the time of withdrawal.

There are no other costs and there is no charge to customers for partial or complete early repayment. Instalments are paid on a monthly basis and customers receive a statement each month, concerning developments with their balance, the amount of their instalment payment etc.