After a very good start into the year 2014, the severe winter weather in the USA, worries about weak performance in the Emerging Markets (EM), especially in China, and, first and foremost, the conflict between Russia and Ukraine showed their impact as risk factors.
Raiffeisenbank (Bulgaria) launched a promotional campaign on new consumer loans, in which clients can benefit from lower interest rate for loans of a maximum amount of BGN 35 000. During the campaign, the interest rate is 7.97% for loans up to 7 years and 8.97% for a period exceeding 7 years. The interest rate is fixed for the first year, and for the remaining period it is formed based on a 6-month SOFIBOR plus margin. The period for paying the loans is up to 10 years with no early repayment fee