Clients will now have to pay a higher monthly installment on euro-denominated loans, but slightly lower on leu-denominated loans.
This is the bank’s response to the new market conditions generated by the modification by the central bank of the regulation on financing granted to individuals.
The new regulation restricts access to mortgage loans in euros, with banks being required to ask clients for an at least 25% downpayment for euro loans, while the downpayment on leu-denominated loans is just 15%.
But the move comes late since 95% of mortgage loans granted by banks are in euros.
(English version by Daniela Stoican)