OREANDA-NEWS. September 12, 2012. Since September, the Ukrainians can take out mortgage loans in Piraeus Bank to buy apartments in the residential complex "Elegant" in Kyiv, the development of which is financed by the bank.

"We offer real estate loans directly from the developer who is incorporated to the Group of companies UKO-Group, - Alexander Gnilenko, Piraeus Bank in Ukraine retail business deputy director, said. - The lending rate for up to 20 years is 18%-18,5% per annum in hryvna, depending on the loan-to-value ratio."

Thus, if the loan-to-value ratio for purchasing the apartment in residential complex “Elegant” is 50%, the Bank offers 18% interest rate annually in hryvna in the first year of using a loan. If this ratio is from 51% to 70%, the loan rate rises up to 18.5% in hryvna.