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IMOnews - BPI enters the "war" and cuts house spread

Six months later, the bank led by Pablo Forero again reduced the interest rate on housing loans. Equals the spread offered by the New Bank and leaves CGD "alone" with the highest margin in the sector. BPI lowered the minimum spread on Wednesday and equaled the New Bank offer: 1.5%. At the same time, it left CGD alone in the bank seat with the highest rate for home purchase.

The bank led by Pablo Forero reviewed for the second time, in the space of six months, its offer on mortgage loans. According to the information provided in the price list, BPI advanced, on Wednesday, with a drop in the minimum spread from 1.75% to 1.5%. This after having reduced the minimum margin from 1.95% to 1.75% in May.

Read more (in portuguese): BPI enters the "war" and cuts house spread

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