Interest Bulletin

Annual interest rate for FlexSave account for clients using a current account, debit card and Internet banking

Currency	Interest rate
BGN/ EUR	0.45%

Annual interest rates for Standard Term Deposits for clients using a current account, debit card and Internet banking

Currency	Min. balance	6 months	12 months	24 months	36 months
BGN/ EUR/ USD	BGN, EUR, USD 5 000	1.00%	1.25%	1.50%	1.75%

Interest rate for current clients not using a current account, debit card and Internet banking: Interest rate - 0%.

Interest rate in case of premature withdrawal: Interest rate - 0%.

Current account (for all currencies), Payment account for basic operations (in BGN) - Interest rate: 0%.

All interest rates are accrued on basis 365/360 days.

Interest rates for private individuals with balance more than EUR 100 000 on their accounts (current accounts/deposits/FlexSave) are negotiated individually.

Savings up to BGN 196,000 are guaranteed by the Bulgarian Deposit Insurance Fund (BDIF)

Consumer loan from 50 000 to 100 000 BGN (with salary transfer above 4 000 BGN)

6-month EURIBOR + 1.20 p.p., min. 4.95%

+0.50% without credit card
+0.50% non-purpose loan
+1.00% without salary transfer

Consumer loan from 5 000 to 100 000 BGN (with salary transfer above 2 500 BGN)

6-month EURIBOR + 1.50 p.p., min. 5.25%

+0.50% without credit card
+1.00% non-purpose loan
+1.00% without salary transfer

Consumer loan from 5 000 to 100 000 BGN (with salary traansfer up to 2 500 BGN)

6-month EURIBOR + 2.50 p.p., min. 6.25%

+0.50% without credit card
+1.00% non-purpose loan
+2.00% without salary transfer

Housing loan with a floating interest rate

6-month EURIBOR + 0.20 p.p., total not less than 2.45%**

with salary traansfer above 4 000 BGN, self-financing above 15%, loan amount more than BGN 300,000

Housing loan with a floating interest rate

6-month EURIBOR + 0.55 p.p., total not less than 2.80%

Housing loan with a fixed interest rate for the first 3-years period

6-month EURIBOR + 1.25 p.p., total not less than 3.50%

Mortgage loan with a floating interest rate

6-month EURIBOR + 1.25 p.p., total not less than 3.50%

Mortgage loan with a fixed interest rate for the first 3-years period

6-month EURIBOR + 2.25 p.p., total not less than 4.50%

Credit card

18.00%

Credit card secured with deposit

14.00%

FlexFund Overdraft

9.00%

EcoMobility Loan

6-month EURIBOR + 1.00 p.p., min. 3.95%

Loan for photovoltaic installation

6-month EURIBOR + 1.00 p.p., min. 3.95%

Loan for charging station

6-month EURIBOR + 1.00 p.p., min. 3.95%

All loans are offered in BGN or EUR.

Interest rates are only available to clients with salary transfer in the Bank and unlimited liability, i.e. with all property.

For clients are responsible up to the amount of the registered collateral established, the indicated annual interest rates are increased by 1.5 percentage points.

** Promotional interest rates until 30/06/2025

Examples

For Consumer loan with a salary transfer above BGN 4 000 on amount of BGN 60,000, loan period 7 years, annual interest rate 6-month EURIBOR + 1.20 p.p., min. 4.95%, no fees for application and creditworthiness assessment: equal monthly installment BGN 848.54, total amount due (principal, interest and fees) BGN 72 116.40. Annual percentage rate of charge (APRC) - 5.51%.*

* The Annual percentage rate of charge includes monthly maintenance fee.

For Consumer loan with a salary transfer above BGN 2 500 on amount of BGN 30,000, loan period 5 years, annual interest rate 6-month EURIBOR + 1.50 p.p., min. 5.25%, no fees for application and creditworthiness assessment: equal monthly installment BGN 570.55, total amount due (principal, interest and fees) BGN 34 832.93. Annual percentage rate of charge (APRC) - 6.21%.*

* The Annual percentage rate of charge includes monthly maintenance fee.

For Consumer loan without a salary transfer below BGN 2 500 on amount of BGN 40,000, loan period 7 years, annual interest rate 6-month EURIBOR + 4.50 p.p., min. 8.25%, no fees for application and creditworthiness assessment: equal monthly installment BGN 630.70, total amount due (principal, interest and fees) BGN 53 818.11. Annual percentage rate of charge (APRC) - 9.23%.*

* The Annual percentage rate of charge includes monthly maintenance fee.

For Housing loan „New Home" in the amount of EUR 200 000 with salary transfer and a loan period of 20 years, floating annual interest rate of 6-month EURIBOR + 0.20 p.p., min. 2.45%, application processing fee EUR 100, collateral valuation fee EUR 145, fee for preparing of documents for mortgage registration EUR 100, creditworthiness assessment fee EUR 150: equal monthly installments EUR 1058.30 for the first 6 months, total amount due (principal, interest and fees) EUR 258 123.39. Annual percentage rate of charge (APRC) – 2.71%*.

* The Annual percentage rate of charge includes: Application processing fee , collateral valuation fee, Fee for preparing of documents for mortgage registration, Annual property insurance,Creditworthiness assessment fee, monthly maintenance fee.

For Housing loan „New Home" in the amount of BGN 200 000 with salary transfer and a loan period of 20 years, floating annual interest rate of 6-month EURIBOR + 0.55 p.p., min. 2.80%, application processing fee BGN 200, collateral valuation fee BGN 290, fee for preparing of documents for mortgage registration BGN 200, creditworthiness assessment fee BGN 300: equal monthly installments BGN 1093.19 for the first 6 months, total amount due (principal, interest and fees) BGN 268 064.14. Annual percentage rate of charge (APRC) – 3.14%*.

For Housing loan „New Home" the amount of EUR 100 000 with salary transfer and a loan period of 15 years, fixed annual interest rate for the first 3 years 6-month EURIBOR + 1.25 p.p., min. 3,50%, application processing fee EUR 100, collateral valuation fee EUR 145, fee for preparing of documents for mortgage registration EUR 100, creditworthiness assessment fee EUR 150: equal monthly installments EUR 717.34 for the first 3 years, total amount due (principal, interest and fees) EUR 131 295.94. Annual percentage rate of charge (APRC) - 3.88%.*

For Mortage loan in the amount of EUR 100 000 with salary transfer and a loan period of 20 years, floating annual interest rate of 6-month EURIBOR + 1.25 p.p., min. 3.50%, application processing fee EUR 100, collateral valuation fee EUR 145, fee for preparing of documents for mortgage registration EUR 100, creditworthiness assessment fee EUR 150: equal monthly installments EUR 582.54 for the first 3 months, total amount due (principal, interest and fees) EUR 142 589.42. Annual percentage rate of charge (APRC) - 3.86%.*

For Housing loan „New Home" the amount of EUR 100 000 with salary transfer and a loan period of 15 years, fixed annual interest rate for the first 3 years 6-month EURIBOR + 2.25 p.p., min. 4,50%, application processing fee EUR 100, collateral valuation fee EUR 145, fee for preparing of documents for mortgage registration EUR 100, creditworthiness assessment fee EUR 150: equal monthly installments EUR 768.50 for the first 3 years, total amount due (principal, interest and fees) EUR 140 483.04. Annual percentage rate of charge (APRC) – 4.94%.*

For Credit cardon amount of BGN 3 000, loan period 6 years, annual interest rate 18%: total amount due (principal, interest and fees) BGN 6 288.00 on the assumption of the credit limit is disbursed for period of 72 months, the limit is fully utilised for the whole loan period, and the principle will be repaid one-time on the final repayment day. Annual percentage rate of charge (APRC) - 19.86%.

For Credit card on amount of EUR 3 000, loan period 6 years, annual interest rate 14%: total amount due (principal, interest and fees) EUR 5 557.48 on the assumption of the credit limit is disbursed for period of 72 months, the limit is fully utilised for the whole loan period, and the principle will be repaid one-time on the final repayment day. Annual percentage rate of charge (APRC) - 15.16%.

For FlexFund overdraft on amount of BGN 3 000, loan period 1 year, annual interest rate 9.00%; total amount due (principal, interest and fees) BGN 3 394.50 on the assumption of the amount is utilized fully and for the whole period and the principal will be repaid one-time at the final repayment day. Annual percentage rate of charge (APRC) - 13.93%*.

*The Annual percentage rate of charge includes: Monthly maintenance fee.

For loan "EcoMobility" on amount of BGN 60 000, loan period 7 years, annual interest rate 6-month EURIBOR + 1.00 p.p., min. 3.95%, equal monthly installment BGN 820.19, total amount due (principal, interest and fees) BGN 69 735.64 . Annual percentage rate of charge (APRC) – 4.45%*.

* The Annual percentage rate of charge includes: monthly maintenance fee.

For loan for photovoltaic installation on amount of BGN 50 000, loan period 5 years, annual interest rate 6-month EURIBOR + 1.00 p.p., min. 3.95%, equal monthly installment BGN 920.84, total amount due (principal, interest and fees) BGN 55 849.99 Annual percentage rate of charge (APRC) – 4.54%*.

* The Annual percentage rate of charge includes: monthly maintenance fee.

For loan for charging station on amount of BGN 5 000, loan period 2 years, annual interest rate 6-month EURIBOR + 1.00 p.p., min. 3.95%, equal monthly installment BGN 217.11, total amount due (principal, interest and fees) BGN 5 450.46. Annual percentage rate of charge (APRC) – 8.79%*.

* The Annual percentage rate of charge includes: monthly maintenance fee.

Interest rate methodology of ProCredit Bank (Bulgaria) EAD for formation of a variable interest rate on consumer and housing loans granted to private clients effective from 1 September 2023

The annual interest rate for loans with a floating interest rate is calculated as follows:

3/6-month EURIBOR + margin= interest rate on the loan; Min. interest rate = interest rate on the loan

but not less than the individual Minimum Interest Rate specified in the loan agreement

When determining the annual interest rate, the reference rate is taken into account as follows:

Upon signing the agreement – the value formed three business days prior to the date of signing the agreement/releasing the tranche;
For each subsequent interest period under the loan agreement – the value formed three business days prior to the date of the last instalment under the Repayment Plan for the previous period.

The values of the reference rates announced in the archive of the website are the values formed on the respective date.

EURIBOR is the average interest rate at which euro area banks exchange euro-denominated term deposits. The index is determined on a weekly and monthly basis based on the maturity of deposits and its values are published daily by the European Banking Federation in Brussels, Belgium.

Margin and Minimum Interest Rate

The margin and the minimum interest rate are fixed amounts specified in the loan contract.

	Example 1
Loan Currency	EUR
Loan Contract Date	01.02.2024
Reference Interest Date	3-month EURIBOR, fixing as of 01.02.2024 - 3.884%
Margin	0.20%
Minimum Interest Date	2.45%
Annual Interest Rate Applicable to the First Period	Reference rate + Margin = Interest rate on the loan; Minimum interest rate = Interest rate on the loan, but no less than the individual Minimum Interest Rate specified in the loan agreement. Example: 3.884% + 0.20% = 4.084% Considering the fact that the Bank assumes EURIBOR for mortgage loans to be 2.00%, the agreed minimum interest rate of 2.45% shall apply for the relevant period.

Phone:

0700 170 70

Short phone:

*7000

International line

+359 700 170 70