Komerční banka has extended its offering of consumer credit to include the Premium Loan. The new product offers Komerční banka's clients an opportunity to obtain an up to CZK 2,500,000 unsecured any-purpose cash loan with, moreover, an attractive interest rate ranging from 8.9%1 to 11.9%2.

The Premium Loan is an unsecured any-purpose cash loan amounting to CZK 300,000 to CZK 2.5 million depending on the client’s credit quality. The maturity of the loan ranges from 12 to 72 months. The loan can be repaid early at any time without any penalties.

“Komerční banka is continuously looking for ways of approaching each of the customer segments and accommodating their financial needs. The Premium Loan is directed at more affluent clients; without any need to put up security, this loan makes it possible for them to fulfil their most demanding wishes,” said Radko Belada, Head of Retail Marketing at KB.

Together with a Premium Loan, Komerční banka’s clients will receive, free of charge, a payment protection insurance policy covering unexpected events (long-lasting incapacity to work, loss of employment, full disability, death).

1) Interest rate 8.9% – APR from 9.39%
2) Interest rate 11.9% – APR from 12.69%

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 more then 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.