Bankinter is the first bank to launch mortgage loans with a spread of less than 1% – Observer



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Bankinter launched a housing credit campaign on Monday with a spread A minimum of less than 1% – 0.95% – a step long expected to be taken by a bank operating in Portugal. Some banks have long admitted extends below 1%, through negotiation with the client, case by case, but this is the first campaign to publicly announce this cost of credit below 1%.

In a press release issued by the Spanish bank, which bought Barclays’ retail operations in Portugal, Vítor Pereira, Director of Products, CRM and Marketing and member of the Bankinter Portugal Executive Committee, states that “when downloading the spread of Mortgage Loans at 0.95%, the most competitive value in the market, we reaffirm our commitment to customers in Portugal, who know that they can count on Bankinter to accompany them in carrying out their projects at this very important time ”. This is also a message of confidence in the Portuguese economy ”, adds the bank.

The campaign also includes the payment of the costs of transferring mortgage loans from other banks to Bankinter.

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