Day: March 24, 2020

Uncategorized

Loan margins are rising – higher installments need to be paid

With a minimum (5%) own contribution, the average margin is 2.08%. At the beginning of the year, it was 1.65 and 1.94 percent, respectively. It can, therefore, be concluded that this year, banks have already increased loan installments by USD 20-30 (depending on their own contribution) in the case of a loan for USD 300,000. […]