Bulgarian Students Fund Their Current Needs with Advantageous Loan

Finance | October 11, 2012, Thursday // 14:57|  views

Low interest rate and grace period of 4 years in favor of the students offers Societe Generale Expressbank

This autumn Bulgarian students once again will be able to take advantage of accessible funding connected to all aspects of their student's life. „Ti Credit" is the special proposal of Societe Generale Expressbank directed to university students: amongst the promotional conditions are an annual interest rate of 8.50% in EURO for loans up to BGN 15 000 or their equivalent in EURO, as well as a possibility for a grace period up to 4 years. The application procedure is simplified and does not require documentation for the purpose of the loan.

The „Ti Credit" promotion is valid until 30.11.2012. The free "Ti Package" that includes current account without monthly fee, Maestro debit card without annual fee and BankOn Web Internet banking without subscription fees for the first year are an additional bonus for each student between the age of 18 and 25 years.

"Student years belong to the most memorable and exciting moments in our life and nowadays, in order to make the most of them, it is often necessary for one to dispose with considerable funds. Most of the young people between 18 and 25 rely on additional work and support from their family in order to be able to take a specialized course, WAT program, payment of current expenses for accommodation, purchase of a new laptop, new textbooks, etc.

"Ti Credit" gives the students the chance to concentrate on other essential problems during their studies and not to be worried about financial issues", said Veselin Boyadjiev Youth Market Manager in Societe Generale Expressbank.

People who wish to get more information about "Ti Credit" may visit each office of Societe Generale Expressbank in the country where representatives of the bank will provide them with details about the promotion, as well as about all types of additional questions connected to the bank.

* Example for „Ti Credit" of 3 000 EURO for 4 years - APR: 11.10%. Monthly installment: 74.63 EURO. Total amount due: 3 671.02 EURO. Granting fee: 89 BGN. Current account management fee: 0.00 BGN per month. "Life" insurance reqired.

Societe Generale Expressbank Group is one of the top ten leading financial institutions in Bulgaria. It is composed by the bank Societe Generale Expressbank and its subsidiary companies - Sogelease Bulgaria, Societe Generale Factoring and its associate life insurance company Sogelife Bulgaria.

Together with its 1500 employees, Societe Generale Expressbank aims to offer customers comprehensive, flexible, high quality, innovative products and services on advantageous price conditions.

The bank has received various prestigious awards amongst which "Best Bank in Bulgaria" for 2012 by the international financial magazine Euromoney. Societe Generale Expressbank received also confirmation from Fitch Ratings - 'BBB+' with positive outlook, which is the highest rating, given from Fitch to a financial institution in Bulgaria.

_ 99,74% of the capital is property of Societe Generale Group;

_ BGN 52 M Net profit of Societe Generale Expressbank as for 2011;

_ BGN 173.2 M Net banking income as for 2011;

_ BGN 3.5 B Total assets as for 2011

_ 150 sales points;

_ More than 360 000 clients.



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Tags: societe generale, Societe Generale Expressbank, Societe Generale SA, loan, credit, bank, banking


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