Speaking at a news conference, Dominic Bruynseels estimated the weaker demand triggered by the new measures would especially affect the price of big properties.
Properties worth over EUR100,000 will clearly be affected and their price will drop, Bruynseels said.
However, BCR’s activity will not be hit too hard by the new rules, because most of its mortgage loans are provided via the government-subsidized First Home program, he added.
The central bank recently adopted a new set of measures to discourage consumer lending in foreign currency.
For mortgage loans, bank customers must pay at least 25% upfront for financing in euros and 15% minimum for leu-denominated loans. The down payment for lending in other foreign currency was set at 40% minimum.
However, the First Home program and mortgage refinancing are exempted from the new terms.