Thus, the overall guarantee ceiling for 2016 reaches RON2,690.3 million.
A total 27,329 guarantees, in the amount of RON2.6 billion, were granted between January and September 2016. Within the program, the non-performing loan (NPL) ratio reaches 0.3%, of the total guarantees granted.
From the start of the program, in 2009, until the end of September 2016, a total 198,365 guarantees have been granted, representing a total volume of guarantees of nearly RON16.96 billion, which corresponds to financings worth nearly RON34 billion.
The Finance Ministry approved the memorandum regarding the strategy of the First Home program for the next five years, said Government spokesperson Liviu Iolu, adding the ceiling for the coming years reaches RON2 billion.