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Cheaper credit can now work with the Bank of Environmental Protection, which instructed the committee for their mortgages reduced. Reducing the rate applicable in the case of loans with the option to complete. Depending on the selected option (which is five years, including home insurance against fire and insurance against unemployment) can the borrower to reduce the rate by 0.5 points to 1.2 percent expect to offer mortgages BOS pounds, dollars and euros. Up to 100% of the value of the property for a period of more than 50 years. – Since the beginning of the year four times BOS reduce mortgage rates. First zmniejszaliśmy margins. The biggest changes in the margins and are awarded for in euros. Recently, a reduction of fees (this is the fifth amendment) – this relates to the offer of an option Insurance (. Insurance, which includes, in case of fire, the responsibility for flood insurance, etc), However, changes in the orientation of a reduction in margins without conditions – explains Peter Lemberg, a spokesman for Bank of Environmental Protection. – Spring is traditionally a time of great heat in the construction, including housing. Therefore, our banks are increasingly involved in lending – has Lviv.

Credit without the Commission currently BGZ. Promotion runs until July 1 is year.And zlotys loans for a period of 40 years, accordingly, the value of 100% financing of the property. – We rely on the simplicity of the product for a mortgage reduces the necessary paperwork, which entails, combined with reduced costs of our products at the top of the home loan market – said Margaret Wagner, Director of Marketing Communications Bank BGZ. – Using 0% commission is not required to meet additional conditions and the client is not a condition for the purchase of other bank products – BGZ Magdalna Paciorek said. – The margin depends on the amount of the loan, the capital investment of a customer, cost and prepare ancillary invested by the client. In the limit of the preparation costs of 2.5% from 1.80% to control of 0% – 2.25% – said Paciorek.

Entered the competition between insurance companies and agents, a critical stage of the market especially with the price break and the entry of banks on the line of insurance through its partnership with the insurance companies, And requiring its customers to dealers and importers through the process of opening letters of credit and banking facilities with a specific insurance company, which led to confusion and concern, the insurance companies that do not have partnerships with banks, and the loss of a large part of market shares.

Wrong practices
Hisham Al-Halabi, a member of the Governing Council of the Federation of Insurance Agents and the Under-organization of the Syrian Insurance pointed to wrong practices exercised by some private banks by abolishing the role of the insurance agent, and pressure on the importer of the Syrian version of contract of marine insurance directly by the managers of banks (credit and insurance policies) so that it ends the role of insurance agent to meet personal benefits or contracts with some private insurance companies. He revealed that some private insurance companies provide discounts illogical by more than 50% of the minimum fees (shipping) and through its employees are not allowed to do so by the Insurance Supervision Authority, shows that the Syrian General Organization for Insurance lost 90% of customers being committed to laws of body and Atmars errors mentioned. And demanded the cancellation of compulsory insurance for maritime transport and leave it practiced by the merchant on a voluntary basis or re-consider the feasibility of restricting the compulsory insurance of the Syrian General Organization for securing the fact that few of the right (ie from the right of the State) in respect of insurance compulsory for cars and insurance mandatory for Maritime Transport (c) The organization issued insurance contracts through the Federation of Insurance Agents in Syria in order to prevent the brokers, hackers, and rehabilitation and prestige of the Union of Insurance Agents and founder of Insurance in Syria, which has considered the existence of hundreds who were living in it. Read the rest of this entry »

Experts have confirmed in the insurance industry that insurance cooperative is not a contribution of pure, but has a meaning independent basis of cooperation and participation in the prevention of the effects of risk, and the meaning of donation in the cooperative insurance is the view of the impact on the total of participants and not given to the intention of each individual, not the penalty eschatological associated so, as the experts felt that the availability of financial disclosure of independent insurance fund cooperative is the most appropriate applications of contemporary Insurance Cooperative with because it is not a condition for the validity of the fact that the insurance cooperative, and stressed the need to separate account insurance policyholders and the expense of shareholders, which is one of the most important principles of cooperative insurance, and noted experts as well as that the excess insurance is what is left of the resources of the participants and their revenues after deduction of expenses and compensation, and the surplus is distributed to all participants in the insurance fund according to the proportion of payment of annual contributions, not given him those instead of the participants regardless of the percentage of compensation. Read the rest of this entry »