The bank’s representatives added that BCR might ask for supplementary ceiling hike at the end of the summer.
BCR granted so far around 32,000 “First Home” loans, totaling over RON5.5 billion.
The lender is the biggest local bank by assets, exceeding EUR16 billion.
The Romanian Government allotted RON2 billion for the “First Home” program this year, out of which RON740 million are funds unused in 2013
The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) granted last year 25,500 guarantees for the First Home program, with an average value of EUR37,000 each. (EUR1-RON4.4916)