Real estate as collateral for refinance loans

Banca Romaneasca has launched a consumption credit with real estate as collateral aimed at refinancing other loans. The loan is available both in RON and euro, at an interest equal to ROBOR + 4.5 per cent and EURIBOR + 6.5 per cent respectively. The loan value matches up to 70 per cent of the building value. Not only that, additional sums could be obtained of up to 15 per cent of the value of the refinance loan, which could be used for other purposes.

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