This year's Christmas can be really rich for Komerční banka's clients. They have the housing of their dreams within reach with KB's Christmas Mortgage, which offers an attractive interest rate starting from 3.75 % for a three-year fixed-rate period.

If clients select a mortgage loan with the rate fixed for five or more years, they will receive a bonus of CZK 4,000 as part of KB's special offer. The bank will credit this amount to the client's bank account during the month following the signing of the mortgage loan agreement.

The special offer of interest rates and the one-off bonus is limited in time. It is applicable when the application for the mortgage loan is submitted between 1 November and 23 December 2010. The mortgage loan agreement then has to be signed by 28 February 2011.

“In the mortgage industry, November and December are certainly not among the weakest months. Consumers also address their investments in their housing in the hectic run-up to Christmas. We believe that the interest rates at a level of about four percent will be a nice and useful Christmas gift for them,” said Monika Truchliková, Deputy Executive Director for Marketing and Business Development at Komerční banka.

Traditionally, KB expects the greatest demand for its offer of Flexibilní hypotéka, which permits the clients to reduce their monthly instalments to reflect their current financial situation, interrupt repayment for up to three months, or repeated extraordinary instalments free of charge.  

Komerční banka’s clients can also draw up to CZK 400,000 on the loan for anything that they want, for example, to buy household furnishings, furniture, electronic goods, etc. Together with the mortgage loan for an investment, clients therefore receive any-purpose funds at an equally advantageous interest rate.

Komerční banka is one of the best run universal banks in Central Europe. It provides comprehensive services to clients in the areas of retail, corporate, and investment banking. The Komerční banka Group's 8,624 employees serve 2.7 million clients, who can use an extensive network of 395 points of sale throughout the country. Komerční banka currently operates 676 ATMs and 989,000 of its clients use one of direct banking channels.

Komerční banka is part of the Société Générale Group, one of the largest banking groups in the euro zone (in terms of market capitalisation), whose 157,000 employees serve more than 32 million individual clients worldwide.