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

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