New methodology on Reference Interest Rate calculation under loans to individuals | United Bulgarian Bank

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Client announcements

New methodology on Reference Interest Rate calculation under loans to individuals

04 April 2018

Dear customers,

We would like to inform you that with effect from 17 April 2018 United Bulgarian Bank introduces a new methodology on Reference Interest Rate calculation under loans to individuals.

The Reference Interest Rate of United Bulgarian Bank AD is the interest rate, used as a basis for calculating the variable interest rate (for mortgage loans, consumer loans, overdrafts and credit cards), applicable to loan agreements with individual clients, concluded on 17.04.2018 and thereafter.

UBB Team

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