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Mortgage Loans from Cyprus banks can be in Euros or Swiss Francs.
Contribution by client should be a 20-30% (as much as 40% is required by some banks)
Interest rate are fluctuating at Euribor/Libor +1.25% Swiss Franc Libor at 1.6%
Option of up to 24 months capital grace, when only interest is paid
Loans can be up to 30 years or 65 years of age, whichever comes first
Amount: Unlimited
Life assurance is not necessary most of the time
(if it is asked for then most existing overseas life assurance policies are accepted)
Arrangement Fees: (pending review)
Early repayment penalty: Check with each independant bank.
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Alpha Bank Limited
Part of the Alpha Bank Group, A high profile mainstream bank with international branches and activities.
http://www.alphabank.com.cy/english/index.shtm |
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Arab Bank Cyprus
Arab Bank Group is an international bank. The Cyprus arm of company has been sold to Piraeus bank,
READ MORE>>> http://www.cyprus-mail.com/news/main.php?id=36489&cat_id=1 |
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BNP Paribas BNPI
BNPI Cyprus IBU
http://www.cyprus.bnpparibas.com/en/home/default.asp |
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Central Bank of Cyprus
Central Bank of Cyprus is the central Cypriot authority with the responsibility for overseeing high street banks and implementation of EU Monetary policy,as well as having the responsibility for local financial responsibility.
http://www.centralbank.gov.cy/ |
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Coop Central Bank
Co-operative Central Bank Ltd. A high profile mainstream bank, with many branches in villages and rural areas.
http://www.coopbank.com.cy/CoopCentralBank.htm |
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Hellenic Bank
The Hellenic Bank Group is well represented in Cyprus and also operate in Greece
www.hellenicbank.com/ |
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Laiki Group
Laiki Bank (Popular Bank. A high profile mainstream bank, also having international operations.
http://www.laiki.com/web/w3cy.nsf/ContentDocsCountries/Greek |
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Piraeus Bank
A Greek mainland bank, now operating in Cyprus
http://www.piraeusbank.com.cy/Default.aspx?id=189&nt=128&lang=2 |
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Societe Generale Cyprus
One of the largest banks in the world now operating in Cyprus.
http://www.sgcyprus.com/ |
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Universal Bank
http://www.universalbank.com.cy/main/default.aspx |
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JCC Payment Systems Ltd.
JCC Payment Systems Limited (JCC) is responsible for credit card processing in Cyprus. |