Thursday 5 April 2007

New Special Offers on Consumer Loans

Wishing to offer its products under exceptionally favourable terms, in order to help the average citizen cover essential needs, the Greek Postal Savings Bank informs the public of the following loan products:

1. The Bank offers the special consumer «SPRING LOAN» under particularly beneficial terms, in response to applications submitted up to the 30/04/2007 and with the following features:
   
• Beneficial 3,75%* adjustable interest rate
• Loan amount from €1.500 to €5.000
• Repayment Period from 12 to 36 months
• Free of loan investigation charges
• Loan approval cost of €100 paid on withdrawal
• Monthly instalment payment for the a 36-month €5.000 loan is €148,40
2. Maintains unchanged the interest rates offered for the special debt consolidation loan «MY ADVANTAGE» («ME SIMFEREI»), despite the new increased of the E.C.B. key interest rate to 3,75% and additionally offers until the 31/05/2007 the capacity to repay the first instalment up to a year later. The loan is offered with an interest rate of 4,90% fixed for the first year and beneficial adjustable interest rates ranging from 5,75%* - 7,90%* subsequently. Where the loans are unsecured, the repayment period may extend to 10 years, with a monthly instalment that starts at €108,5 for a €10.000 loan, while correspondingly loans with security have a maximum repayment period of 30 years and a monthly instalment that starts at €56,8% for a €10.000 loan.

The Bank Administration proceeded to arrive at the above decisions wanting to once again reinforce its people-oriented nature, supporting the broader range of social levels in Greek society.

The unsung heroes who support this country.

*Does not include the 0,60% charge in accordance with Law 128/75.