BCR has exceeded EUR 1 billion threshold for the First Home Program
2012-05-16 14:45:58
Romanian Commercial Bank (BCR) has exceeded EUR 1 billion for loans granted under the First Home program, thus bank supporting more than 25,000 young families to buy their first home. As part of the fourth stage of the First House program, the average loan amount was around EUR 37,800, down from the first stage of the program, when the average was EUR 41,200. In addition, the average advance paid by consumers to purchase their first home was 10 percent. In terms of customer profile beneficiaries of loans through the First Home 4, are young men (25-34 years) who took credit for a period of 30 years. Region most active in the First Home program is Bucharest, whose share in total loans increased to 45 percent in the fourth stage of the program, from 36 percent in the first stage. Besides Bucharest, five counties were active in the First Home program- Timisoara, Cluj, Iasi, Constanta and Sibiu.
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