Interest rates for Profi Loans
Interest Rates for PROFI Series Loans
Valid from 07.10.2023
PROFI Loan
The interest rate is set as a variable rate calculated using EURIBOR, expressed as an annual percentage rate (per annum, abbreviated as p.a.). It is determined as the sum of the EURIBOR rate for the selected period (base rate) and the margin, which is set based on the result of the client’s rating assessment. The default interest rate is 5% above the standard interest rate.
The permitted EURIBOR periods are 1M, 3M, 6M and 12M. For the overdraft form of the loan, only the 1M period is permitted.
|
|
Resulting interest rate (in % p.a.) |
|---|---|
|
in the form of an overdraft loan |
base rate + interest margin from 8% |
|
in the form of a term loan |
base rate + interest margin from 6.65% |
|
PPA loan for farmers |
base rate + interest margin from 5% |
|
Profi Consolidation Loan
|
base rate + interest margin from 12% |
|
Purchase of a Medical Practice
|
base rate + interest margin from 5% base rate + interest margin from 6% |
|
with a Financial Guarantee
|
base rate + interest margin from 5% base rate + interest margin from 5.50% |
PROFIHYPO Loan
with an interest rate – variable, calculated using EURIBOR
- it is expressed as an annual percentage rate (per annum, abbreviated as p.a.) and is determined as the sum of the EURIBOR rate for the selected period and the margin, which is set based on the result of the client’s rating assessment. The default interest rate is 5% above the standard interest rate.
- The permitted EURIBOR periods are 1M, 3M, 6M and 12M.
- the resulting interest rate is displayed as the sum of the EURIBOR rate for the selected period (base rate) and the margin, which is set based on the result of the client’s rating assessment.
Resulting interest rate (in % p.a.) = base rate + interest margin from 2%
with an interest rate – variable, FIXED
- it is expressed as an annual percentage rate (per annum, abbreviated as p.a.) and is set individually for each client. The default interest rate is 5% above the standard interest rate.
- The permitted fixation periods are: 1 year, 3 years, 5 years and 10 years.
- the resulting interest rate is displayed as a single percentage figure – the base rate is included in the total interest rate.
Resulting interest rate (in % p.a.) = base rate + interest margin from 2%
