In accordance with the approved financing and specified in the lease contract, the interest rate can be fixed or floating, and when financing in BGN, the annual interest rate can be determined as the Reference Interest Rate in BGN of UBB AD plus the respective interest margin specified in contract, and in the case of financing in euro, the annual interest rate may be defined as quarterly EURIBOR plus the corresponding interest margin specified in the contract.
How is the annual interest rate of the financial lease contract formed?
In favor of the client