OTP Bank Romania announces it will finance credit applications for the purchase of housing through the Noua Casa Program (New House), as one of the participating banks in this year’s edition of the program, for which the Ministry of Finance has prepared a 1.5 billion RON guarantee ceiling.
OTP Bank grants loans for the purchase of housing through the Noua CasÄ program with the same interest rate as last year, respectively the fixed margin of 2% to which IRCC (Reference Index for Consumer Loans) is added. This type of loan has no analysis or administration commissions or fees, as the only commission is due to be paid to FNGCIMM (National Credit Guarantee Fund for SMEs) for the management of the guarantee granted by the state. This fee was reduced to 0.3% in 2021.