Starting November 25, UniCredit Bank introduces privileges for loan repayment - no fee and refinancing of loans approved by other banks

UniCredit Bank in Serbia has announced that it will introduce privileges for loan repayment tomorrow (November 25, 2008).

UniCredit will, thus, become the fifth bank in Serbian market that enables early repayment of loans without any additional fee.

According to the announcement, UniCredit Bank will make it possible for the clients to refinance the loans approved by other banks without any additional fee.

The bank will enable the clients who took the loans in foreign currencies to transfer them into RSD. The clients are also enabled to replace the loans approved in CHF with the loans in EUR, also without fee.

That privilege also applies to mortgage loans approved by UniCredit Bank since it is defined in the loan contract that the client can request the currency to be changed once during the repayment period without any fee.

According to the agreement with the National Bank of Serbia, the four largest banks in Serbia - Komercijalna, Intesa, Raiffeisen and Hypo Alpe-Adria - will introduce privileges for loan repayment today.

UniCredit Bank Srbija a.d. Beograd

NLB Komercijalna banka AD Beograd

Banca Intesa a.d. Beograd

Raiffeisen banka a.d. Beograd

Addiko bank ad Beograd

Narodna banka Srbije Beograd

Bank Austria Creditanstalt AG Wien

UniCredit bank Serbia

Bank Austria Creditanstalt AG Austria

A&B Banken Holding GmBh

Komercijalna banka

Banca Intesa

Raiffeisen banka

Hypo Alpe Adria

National Bank of Serbia