Banca Intesa’s mortgage loan placement on the rise

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Banca Intesa has grown the placement of mortgage loans in 2016 to 40 percent and held a market share of 23 percent.

Housing loans insured by the National Mortgage Insurance Corporation amounted to $66.49 million for the bank last year, compared with $46.2 million in 2015. Approved housing loans increased from 1,047 in 2015 to 1,487 in 2016.

The bank offers insured mortgage loans at a variable annual rate of 2.57 percent (2.79 percent plus six-month EURIBOR).



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