Take advantage of ABA’s latest Mortgage Interest Rate Loans
Tirana, 18 September 2006 - Recently, ABA published its latest interest rates for all types of Mortgage Loans, which include; loans for housing and shops, reconstruction, furniture, etc.
As it regards competition, ABA offers some of the most competitive interest rates in the market. They vary from 8.25-9% for US Dollar, 7.75-8.25 % for Euro, and 9-9.5% for LEK. Mortgage loans can be granted for a term up to 20 years, meanwhile the customer may choose any other term within this predefined period.
Interest is calculated based on the annual interest rate of US Dollar or Euro, according to the Libor or EuroLibor annual rates respectively, over which the Bank applies its spread. The same is valid for the loans in LEK, however the interest rate is calculated summing up the annual interest rate for T-Bills plus the Bank’s spread, which changes on an annual basis.
For more see the table below:
|
Interest: |
USD |
EUR |
LEK |
| 10 years -1 Year LIBOR, ELIBOR,TBILL+ |
2.80 % |
4.00 % |
2.60 % |
| 12 years -1 Year LIBOR, ELIBOR,TBILL+ |
3.00 % |
4.25 % |
2.80 % |
| 15 years -1 Year LIBOR, ELIBOR,TBILL+ |
3.20 % |
4.50 % |
3.00 % |
| 20 years -1 Year LIBOR, ELIBOR,TBILL+ |
3.55 % |
4.60 % |
3.20 % |
(Adjusted every year based on LIBOR,ELIBOR,TBILL).
For more information please visit the nearest ABA branch in your city, or if you are in Tirana please visit our agency at the European Trade Center (Galeria), opposite the Cathedral.
E-mail: mailto:americanbank@ambankalb.comTel. 276322 or 276324.
|
loading services
