BlueOrange subordinated loan: deposit your money at best rates and get a stable monthly income!
June 17, 2021
BlueOrange Bank offers its clients higher rates on the Bank's subordinated loan in EUR*:
• for a loan with maturity of 5 years, the rate has increased from 3.5% to 4%;
• for a loan with maturity of 7 years, the rate has increased from 4.5 % to 5.5%.
Minimum amount of the subordinated loan - EUR 10 000.
Interest payments - monthly.
For a subordinated loan over EUR 500,000, the Bank offers an individual rate.
Apply for a loan in internetbank or if you have any questions, please contact your Client Relationship Manager or call the Bank by phone + 371 67 031 333.
*Subordinated loan is a loan issued by a client to a bank, which allows receiving fixed interest rate. When purchasing the bank’s subordinated bonds or issuing a subordinated loan to the bank, the client gets an opportunity to earn more — interest rates are significantly higher than the ones of a standard term-deposits or conventional bonds. Subordinated loans are not covered by the State deposit guarantee scheme. The depositor receives the principal amount only at the end of the loan period.