EVO Banco Lends Nearly €50 Mn of New Mortgages
24/10/2014 – Expansion
During the launching period of its new ‘Intelligent Mortgage’ (Hipoteca Inteligente), EVO Banco lent almost €50 million of mortgages for home purchase, set to adapt the interest rate differencial to euribor fluctuations throughout the lifetime of the loan.
The new approvals represent a mere 1% of all contracts signed in Spain.
Original article: Expansión
Translation: AURA REE