BRD, the second biggest bank domestically, joined the battle ofattracting clients by refinancing older loans released bycompetitors, in which several top players had already engaged.
The bank resumed the offer of collateral-free consumer loans inlei at a fixed nominal interest rate of 7% per annum, it had testedthe market with in the spring of 2010. Unlike the 2010 campaign,the annual percentage rate is somewhat lower, stopping at 12.4% perannum. In the standard offer, interest rates for lei consumer loansrange between 7.5% and 9% per annum, depending on the repaymentperiod.
"Expresso Restart can refinance all types of loans. (...)Moreover, the new loan that replaces the old ones can bring you anadditional sum of money," reads the presentation published on thebank's website.
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