Product Description
With this product, we aim to support self-employed professionals—such as doctors, dentists, pharmacists, lawyers, and others—in improving and organizing their work environments.
Additionally, the loan is suitable for individuals who generate income from renting commercial spaces, giving them the opportunity to invest in renovating these spaces to increase their value and functionality.
General information
Second-level banks generally use the 1-year Treasury Bill rate as the base rate for calculating interest on loans in Lek, while for loans in Euro they use the 1-year Euribor rate.“Treasury Bill” – is a negotiable debt instrument with a maturity of up to one year, issued and guaranteed by the Government of the Republic of Albania. Treasury Bills are issued in the national currency (Lek) and have maturities of 3, 6, and 12 months. Auction results for Treasury Bills are announced on the same day of the auction and published on the Bank of Albania’s website:
www.bankofalbania.org
“Euribor, or Euro Interbank Offered Rate” – is a reference rate published by the European Money Markets Institute, based on the average interest rates at which Eurozone banks offer to lend funds to other banks in the interbank market. Information on Euribor rates is published at:
https://www.euribor-rates.eu/ecb-refinancing-rate.asp
Example:
1-year Treasury Bill rate on 31.10.2025: 2.5%
1-year Euribor rate on 31.10.2025: 2.19%
Terms& Conditions
| Terms and Conditions | ||||
|---|---|---|---|---|
| In ALL Currency: | ||||
| Collateralized Retail Loan | Financing Criteria (Loan Value/ Investment Value) | LTV (Loan Value/OMV) | Interest Rate | |
| Shop Improvement Loan (same as credit subject and collateral different from residential real estate) | Financing up to 100% |
75% of the collateral value (OMV) | Salary Paid Customer in BKT: 3.5% fixed for the first year then 1 Year T-Bill +2.5% not less than 3.5% (changing each 12 months) Other Customer: 4% fixed for the first year then 1 Year T-Bill +3% not less than 4% (changing each 12 months) |
|
| Shop Improvement Loan (collateral residential real estate) | Financing can go up to 80% | |||
| In EURO Currency: | ||||
|---|---|---|---|---|
| Collateralized Retail Loan | Financing Criteria (Loan Value/ Investment Value) | LTV (Loan Value/OMV) | Interest Rate | |
| Shop Improvement Loan (same as credit subject and collateral different from residential real estate) | Financing up to 100% | 75% of the collateral value (OMV) | Salary Paid Customer in BKT: 4% fixed for the first year then Euribor +3.5% not less than 4.5% (changing each 12 months) Other Customer: 4.5% fixed for the first year then Euribor +4% not less than 5% (changing each 12 months) |
|
| Shop Improvement Loan (collateral residential real estate) | Financing can go up to 70% | First Time buyer up to 75% Second Time Buyer or to give for rent up to 70% |
||
| Loan Term | Up to 15 Years | |||
| Maximum loan amount | Up to 12,000,000 ALL / 120,000 Euro | |||
| Loan Disbursement Commission | 1% of loan amount 0% for loans purchased from other banks |
Customers may choose whether to take the life insurance or accept a higher interest rate. If the customer chooses not to take out life insurance, the options are:
If the customer is up to 45 years old, the interest rate will be 0.5% higher.
If the customer is over 45 years old, the interest rate will be 1% higher.
Please download the appropriate documentation of Shop Improvement Loans
Please download Pre contractual Information Form Collateralized Consumer Loans Template Document
Caution! Getting a loan has costs. Be well informed before you decide.