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Last year, 39 thousand new housing savings contracts were concluded

Raiffeisen Housing Savings Bank concluded 39,000 new housing savings contracts last year, with a total value exceeding 294.8 million euros, bringing the number of contracts concluded by this savings bank since its inception to 185,169, and the total contractual value of these contracts to nearly 1.5 billion euros. In its lending operations, RSŠ approved 3,807 loans amounting to 388 million kuna last year, of which 1,873 loans were realized through the inter-financing model, amounting to 260.22 million kuna

 With data at the end of last year, RSŠ has so far approved a total of 10,251 loans, of which 2,028 were realized through the inter-financing model, and the total amount of all approved loans is 824.2 million kuna. Of this amount, 282.67 million kuna relates to inter-financing. The inter-financing loan model represents a system for approving housing loans without waiting, that is, before the expiration of the minimum two-year savings period. The inter-financing model (MFC) is intended for existing and future savers, and the prerequisite for concluding a loan agreement for inter-financing is a savings contract in loan tariffs.

The MFC loan is contracted for a period of 3 to 60 months, while repayment is made through equal monthly annuities throughout the entire contracted period, with the possibility of agreeing on a grace period for repayment. With inter-financing loans, it is possible to consolidate all housing savings contracts from the family and thus obtain the necessary amount of inter-financing loan with optimal contractual amounts for each individual contract. Loans are approved with a currency clause in euros. Existing savers, depending on the amount of their own savings (10-30 percent) and the duration of the loan, can obtain the MFC loan with a nominal interest rate of 3.99 to 4.99 percent per annum, while for new savers, the nominal interest rate ranges from 4.49 for a loan term of 24 months, depending on the percentage of paid own funds. (H)