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A:
Government allows indexation of housing loans in Swiss francs
Belgrade,
1 March 2007
The Serbian Ministry of Finance stated that at today's government session the government decided to allow that apart from indexation in euros, funds for subsidies loans through the National Corporation for Housing Loan Insurance may also be indexed in Swiss francs.
The statement continues that the proposal resulted from an analysis of previous work on granting these loans and of a search for the cheapest solution for beneficiaries.
For citizens, the most important effect is that unlike with loans indexed in euros, they will eventually save around €14,000 for loans up to €50,000 and €28,000 for loans up to €100,000 for the period of 30 years.
This way, loan beneficiaries will have a wider choice when making a decision, which will have a positive effect on the volume of demand and offer of banking services, adds the statement.
For citizens, the most important effect is that unlike with loans indexed in euros, they will eventually save around €14,000 for loans up to €50,000 and €28,000 for loans up to €100,000 for the period of 30 years.
This way, loan beneficiaries will have a wider choice when making a decision, which will have a positive effect on the volume of demand and offer of banking services, adds the statement.
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