BBAC enhanced its BBAC housing loan conditions

June 2008    

BBAC has recently enhanced the conditions of BBAC housing loan to better suit the customer needs in the real estate market. BBAC has increased the loan amount to $500,000 adding on the top of it the house registration fees and extended the loan repayment period up to 30 years as a substitute of 20 years with a grace period of 18 months.
Also, BBAC cut the interest rate down to 5% for the first year and Libor + 4% with minimum of 7% for the remaining period.




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