OREANDA-NEWS. October 13, 2008. Megabank particiapted in "Architecture. Construction. Interior" exhibition, held in Kharkiv, reported the press-centre of Megabank.

Megabank presented its mortgage products, in particular mortgage-refinancing program with the State Mortgage Institution as a partner.

The program offers mortgage loans in national currency with maturity of up to 30 yrs at 16.5% p.a., down payment is 25% of the sale price. The mortgage is financed against the real property to be purchased and/or any other real property.

With care of small and middle-sized business needs, Megabank, as part of microfinance program, presented "Commercial real property" product as a purchase option for commercial real property. The loan limit is up to USD 300,000 (or equivalent in Hryvnya, Euro) and repayment period is up to 84 months (optional 120 months) on an annuity basis.

To qualify, your business age must be of 3 months (trade) or 6 months (services and production), with good profit records.