New Support Measures from the Bank of Cyprus for Borrowers
December 20, 2024
The Bank of Cyprus has announced new initiatives including interest rate reductions and rewards for consistent borrowers. Starting from June 2024, the ECB's base rate has significantly decreased, allowing over 10,000 borrowers to experience reduced payments. Additionally, personal loans will be offered at favorable terms for home energy upgrades. Finally, there will be interest rate subsidies for new loan offerings to young couples.