
Business Banking
Full Cash Collateral Loan
LOAN AMOUNT
From €10,000
INTEREST RATE
1%
Based on the assumption that 6 month fixed deposit rate is 0.00% plus margin of 1%. View interest rates
APR
1.68%
APR is calculated based on the representative example shown below
LOAN TERM
According to loan purpose
Flexibility options:
*In case of early loan repayments, there is the possibility of a prepayment fee. See the relevant formula in our Commissions and Charges table
What securities are requested for a Full Cash Collateral Loan?
Additional information:
Initial charges:
- A processing fee of 1% of the amount of the facility, with a minimum fee of €150, will be charged at the opening of the facility.
- Documentation fees of €100 are applicable to all facilities (Micro, SMEs, Corporate).
- For more information about our charges, you can view our Commissions and Charges table
You can view all rates here
Representative example:
At Ancoria Bank, we want to make sure that you have all the information you need at all times. We’ve provided a representative example, that you can use as a guide.

LOAN AMOUNT

INTEREST
1%

APR*
1.68%

LOAN TERM

INSTALLMENT
€108

INITIAL CHARGES

TOTAL AMOUNT PAYABLE
€10,671
IMPORTANT INFORMATION
* APR (Annual Percentage Rate) has been calculated on the 10/07/2023 and is based on the following:
- Interest Rate: Fixed Term Deposit Rate today at 0.00% + margin 1% (total of interest rate: 1%)
- Initial charges: Processing fees of 1% charged on facility amount (minimum charge €150) and documentation fees of €100
- Loan amount of €10,000
- Term Loan of 8 years
Warning: If you fail to meet your loan repayment plan secured by mortgage, your home/property may be repossessed.
Warning: There are charges for early loan repayment (Find out more on the links: Commissions and charges & Prepayment penalty for fixed rate loans).
Warning: In case of variable interest rates, the installment amount and total cost of the facility may increase or decrease depending on variations in the base rate.
Disclaimer: Ancoria Bank Ltd may at its choice, reject an application/business relationship for legal, regulatory or other reasons and withdraw or amend any plan, at any time.
Get Started
Make an appointment
What you need to have
Required documentation:
CYPRIOT RESIDENTS
- Passport or National Identity card
- Original recent utility bill (less than 6 months old) / OR statement of EEA bank / OR local authority tax bill / OR house insurance
NON-CYPRIOT RESIDENTS
- Copy of a valid ID / Passport certified as a true copy by a state authority
- If you are temporarily residing in Cyprus and are a non-EU national, please supply a copy of your Temporary Residence Permit
If you have any questions, or simply need some help to get started

Call us on 8000 0050 or +357 22849000