Since the beginning of the year, the bank granted loans totaling RON500 million under the First Home program, and has a market share of 29%, the lender said in a statement Monday.
The average value of a loan under the program is RON180,000 and the majority of loans were in Bucharest, followed by counties Ilfov, Timis, Iasi, and Cluj.
Since the start of the subsidized mortgage lending program in 2009, BRD granted 50,000 First Home loans totaling over EUR1.8 billion.