The Hrvatska Postanska Banka (HPB) has decided to offer a new product to clients: housing loans denominated in the national currency kuna and not indexed to any foreign currency.
The bank has made this decision following its improving business results and financial indicators.
Interest rates on the kuna-pegged housing loans will be higher by a half percentage point compared with interest rates on housing loans the payment of which is linked to foreign currencies, the HPB said on Tuesday.
This Croatian bank recalls that it was among the first financial institutions in Croatia to cut interest rates on housing loans pegged to the euro at the beginning of this year. This reduction was provided for certain categories of borrowers.
The HPB said that it had never provided its clients with housing loans indexed to the Swiss franc.
