• 12 months for a new client of the Bank, without collateral

• 12 months with the option for renewal up to 36 months, with tangible assets collateral

• 12 months with the option for renewal up to 60 months, with tangible assets collateral and a guarantee instrument

Unsecured

Secured with a mortgage on a real estate

Secured with a pledge of cash funds

Variable annual interest rate, formed from the short-term interest rate based on BNB’s statistics (for loans in Bulgarian leva), or, respectively 1-month EURIBOR (for loans in euro) and a fixed margin, determined individually depending on the amount, currency, tenor and collateral under the requested loan as well as the client’s risk profile.

As per the bank’s Fees and Commissions’ Tariff for Business Clients and the loan agreement.

For secured loans there are also ancillary expenses related to the insurance and establishment of the collateral - for drawing up of a market appraisal, for establishment of a mortgage/pledge, for issuance of certificates, etc..