we pay your attention, that floating interest rate is set by the formula:
Interest rate = Index + Spread ( for loans in UAH)
Spread and margin – fixed part of the Interest rate, which is set by Assets and Liabilities Committee of the Bank. Spread and margin can be changed in cases under the Loan Agreement.
Index– floating part of the Interest rate
For loans in UAH:
The rate is subject of adjustment during the term of the credit line after every course of 6 (sixth) calendar month starting from the date of Loan Agreement signing. Information about the rate UIRD is posted on the official website of the NBU, the Bank's website and informational stands in Bank's outlets.
For floating interest rate calculation index (UIRD) is set in next way:
For Loan Agreements concluded from 16th (sixteenth) to the 31st (thirty-first) day of the month, and respectively the changing of the Floating interest rate is at the period from 16th (sixteenth) to the 31st (thirty-first) day of the month, the index size is equal to UIRD rate, which was set before 2 (two) working days before the 16th day in a month, in which the Floating interest rate is set or changed;
For loans in foreign currency:
For loans in EUR the index is equal to Euribor rate for 3 months that is published at Euribor REUTERS screen for deposits in the currency of the Loan by about 11:00 hours (London time) on the day that is two Working days before the planned date of the Loan (tranche) disbursement and / or the date the interest rate changing.