More information

• What is the Programme?

  The Bank will reward the members of the Scheme, holders of housing loans, with a variable interest rate referencing the European Central Bank Base Rate (ECBBR) or the EURIBOR and were granted prior to 30^th September 2022, based on the criteria mentioned below.

• Who participates in the Programme – Criteria for participation?

  Participants of the Program are customers who: (i) are registered in the pronomia Scheme and assigned to the Gold or Diamond tiers as at 30^th November 2024, and (ii) hold housing loans with the following characteristics:

  • granted prior to 30^th September 2022,
  • priced with a variable interest rate referencing the ECBBR or EURIBOR for the period 30^th September 2022 to 30^th June 2024 (special loan schemes are excluded),
  • secured with a mortgage on primary residence, as per the Bank's records as at 30^th June 2024,
  • were performing as at 30^th June 2024.
• Which conditions must be met for a Borrower to be a beneficiary?

  In addition to the above criteria, all the following conditions must be met:

  • all the facilities of the Borrowers have been performing in accordance with their repayment schedule, without any arrears from 30^th June 2024 to 31^st December 2024,
  • all the facilities of the Borrowers have not been subject to any special arrangement for the period 30^th September 2022 to 31^st December 2024.
• What is the reward under the Programme?

  Beneficiaries will receive proportionally 25.000 “antamivi” points (equivalent to 250 euro), or 250 euro, if the cash credit reward option is chosen, per 100.000 euro on the average balance of their housing loan during the period 30th June 2024 to 31^st December 2024.

  Example

  The borrower of a housing loan, with a balance of 105.000 euro on 30^th June 2024 and 95.000 euro on 31^st December 2024 (average balance: 100.000 euro, which is calculated using the loan balance during the six-month period), will receive either 25.000 “antamivi” points worth of 250 euro which can be redeemed for purchases at any merchant participating in the “antamivi” scheme, or 250 euro in cash (as a cash credit to a bank account held with the Bank).

  If a loan has more than one borrower, then the reward will be equally distributed to each borrower based on the number of co-borrowers, provided that all the participation criteria and all conditions cited above are met at the borrower level.

• How can the beneficiary Borrowers claim the reward?

  The Bank provides to beneficiary Borrowers the option to receive the reward in two ways:

  • either in the form of points under the “antamivi” scheme,

  • or in the form of a cash credit to a bank account held with the Bank

  Beneficiaries can choose their preferred way of receiving the reward through the Internet Banking or the BoC Mobile app, until the 6^th of February 2025.

  The reward will be provided by the 12^th of February 2025.

  Ιf you did not have the opportunity to make your option by the 6^th of February 2025, you may do so by the 13^th of February 2025. The reward will be provided by the 19^th of February 2025.

  If no action is taken by the 13^th of February 2025, the reward will automatically be provided in the form of “antamivi” points, which can be redeemed for future purchases at participating businesses.

   

• How are the beneficiary Borrowers informed?

  All beneficiary Borrowers have been informed by SMS and/or push notification on their mobile app.

• General information about the “pronomia” scheme

  Relevant information for the operation of the "pronomia" scheme can be found here.

• General information about the “antamivi” scheme

  Relevant information for the operation of the "antamivi" scheme can be found here.