The BBVA throws an account housing for young people with a compensation that 7 % reaches

14.01.2006

The BBVA has thrown an account housing directed to young people of ages understood between 18 and 30 years that offers a compensation of up to 7 %, with the target to contribute solutions to the acquisition of the first housing for this segment of the population, he informed yesterday the entity.

The account, so called ‘Formula Housing Blue Joven’, will have a remuneration of 1,5 % and will add 5,5 % additional for those that should end up by hiring the mortgage with the financial institution.

This additional profitability per year of 5,5 % will subscribe at the moment of formalizing the mortgage and one will be anticipated on the average balance accumulated throughout four years, that it is the maximum period of hiring of an account I save housing.

The young people who have this product employed will be able to gain access, also, to a personal loan to 5,5 % with lack of two years, which will do of bridge between the expiration of the account and the hiring of the mortgage.

Source: The Digital Mail



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