BUSINESS

Alpha Bank clients have new protection option available

Alpha Bank Romania announces its launching an unique loan opportunity on the Romanian credit market aimed at customers taking out euro real estate investment loans, according to a press release sent to “Nine O’Clock” The new option gives customers the opportunity to cap loan interest, no matter the fluctuation of the EURIBOR index “Half through this year, Alpha Bank Romania is launching a unique offer to budget-minded customers. Alpha Tax Protect has been the first banking product that allowed full preservation of incomes from deposit interest. This year, we are launching an unique offer on the Romanian market, which refers to real estate investment. This new protection option comes to our customers’ support in this period of unpredictable developments that may impact loan interest rates,” said Melania Bardac, director of the Alpha Bank Retail Product Development Division. The protection option is available for a period of five years from the moment the contract is signed, for euro Alpha Housing loans signed starting December 6, 2010.

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