Despite the rapid growth of the banking sectors in CEE the markets in the region remain underbanked, thereby providing ample opportunities for the banks in the region to tap this potential to meet the demand for a full range of banking services.
Fair Play International AD Issued its First Corporate Bond with Lead Bond Manager Raiffeisenbank (Bulgaria) EAD, thus increasing the share on the market of newly issued corporate bond to 75 %
The amount of the financing becomes up to 20 000 BGN and the term of the repayment is 60 months, as it was 36. The interest rate of the Microloan is 12,9% p.a. and it is easy to apply for financing.
The bond has the following characteristics: 3-year term; maturity on Sep. 29, 2008; fixed coupon at 3.70% per year, bond par value is EUR 1000.
The prices depend on the size of the safe-deposit-boxes and they are between 90 and 210 BGN.
Each customer, who has received a mortgage loan from the bank, will get a gift for his new home, as well as a credit card RaiCard, with an option of automatic payment of public utility services.