OREANDA-NEWS. August 29, 2008. FUIB (First Ukrainian International Bank) is ranked by ProstoBank Consulting among top three Ukrainian banks in terms of mortgage loan terms and conditions, official website of ProstoBank Consulting reported.

ProstoBank Consulting ranked the best UAH-denominated mortgage loans extended for up to 20 years to purchase real estate at the secondary market. FUIB is ranked 3rd with UAH effective interest rate of 18.7% per annum.

"We think it is fair we have entered top three Ukrainian banks according to ProstoBank Consulting. We do extend comfortable mortgage loans to our clients. FUIB interest rate is fixed (it is contemplated by loan agreements); we do not have monthly or any other payments. Moreover, we have special loan terms and conditions for our partners and loyalty programs. It is worth noting that the less the loan term is the lower interest rate our clients get," said Valeriy Patsuy, Head of FUIB Retail Department.

When making rankings of loan products, ProstoBank Consulting calculates an effective interest rate for every loan The effective rate takes into account payments made by a borrower for banking services only (namely, interest expanses, one-off and monthly commissions, and payments for cash management services).

ProstoBank Consulting ranks leading banks (as classified by NBU) and all market makers controlling over 80% of the market