Projects Coordinated since 2017-11-01

3 per cent fixed interest rate shall apply in the first five years of the loan, Bank's margin of 3 per cent plus 6 months EURIBOR (negative EURIBOR will be treated as 0) - for the remaining fifteen years.

Up to 20 years

Payment for construction works

Up to 30 per cent For measures to increase energy efficiency set by the Government of the Republic of Lithuania

up to 10 per cent of the investment is compensated when the renovation (modernization) project includes installation of a separate or modernisation of existing non-automated heating point in the multi-apartment house, installation of balancing valves on the stands and (or) the heating system is rearranged or replaced by installing individual heat metering devices or sensor system and (or) thermostatic valves in apartments or other premises.

The administrator of an apartment building *, a legal or natural person who signs an agreement on behalf of the owners of apartments and other premises and who administers the apartment building renovation project himself or with the help of the Project Manager.

During the period of the credit use, the repayment of the principal and interest is deferred.

Loan funds shall be paid directly to contractors for finished works.

Fees on document analysis, credit administration, obligations, contractual terms and early repayment shall not apply.

Loans shall be issued in euros.

Credit is repaid in a linear annuity method - the instalment is reducing each months.

Inhabitants may repay the credit or its portion prior to the set maturity. This shall not be subject to any extra charge or penalties.