About 10,000 customers have accepted the offer made by the largest local lender BCR in September, which provides lower interest rates for ongoing mortgage loans.

The bank hasn’t targeted only the clients who have ongoing litigations with BCR, but these could also benefit from the offers.

BCR has offered its clients with mortgage loans in euro a fixed interest rate of 4.95% per year, for the next five years, followed by a decrease of 3 to 5 percentage points of the current interest rate. The average decrease in the monthly installments will amount to 20%.

The bank will forego about EUR 200 million in revenues following this move, according to its officials. Its long-term goal, however, is to keep its customers.

editor@romania-insider.com