Cash collateral loan

Cash Collateral Loan in Piraeus Bank in Ukraine is an opportunity to use your funds without termination of the existing deposit with the bank, and without losing of the high interest rate on deposit

Advantages of Cash Collateral Loan: 

• Quick receipt of money in the amount of up to 90% of deposit amount 
• Opportunity to obtain cash collateral loan of the third person – property guarantor 
• Loan and deposit currency may differ 
• Minimal package of documents to receive loan 
• Competitive loan terms

Loan terms
Loan currency	hryvna
Deposit currency
	hryvna, US dollar or Euro
Loan amount	up to 90% of the deposit amount in hryvna, which is provided as a collateral up to 75% of the deposit amount in US dollars or Euro, which is provided as a collateral
Repayment method	standard, annuity or at the end of the term
Maximum Loan Tenor	10 months if deposit amount provided as a collateral in hryvna 6 months if deposit amount provided as a collateral in US dollar or Euro
Upfront fee	0.5% from loan amount
Depositcurrency	Bank’s Margin
Hryvna	+ 3.5% more than deposit rate*
US dollar / Euro	+ 15.5% more than deposit rate (if loan tenor is up to 3 months)*
	+ 16.25% more than deposit rate (if loan tenor is up to 6 months)*

* Taken into account the maximum rate: the Bank's effective standard interest rate for the standard term deposits as Loan agreement including or interest rate fixed by Bank deposit agreement and being in effect under the term deposit pledged to the Bank.

Required documents:

• Please get acquainted with the list of required documents

Related services:

• Deposits
• Account «Free»

Learn more: 

• Learn what Bank outlets render the following service, having called to call-center at 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge) 
• Ask the question you are interested in by completing the feedback form