Piraeus Bank launched a new Consumer Loan on Monday 21 July 2003. This loan is the follow-up of the "Holiday Loan" of up to € 6,000, first announced by Piraeus Bank. The new loan can amount up to € 20,000, and the maximum repayment period can be 72 months (6 years). The interest rate is set at 9% for the entire loan term.
Thus, consumers can easily and cost-effectively use the deregulation of Consumer Credit meeting all kinds of consumer needs they may currently have.