MORTGAGE LOANS
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ING Head: Mortgage Loans In Lei Increased Share In Overall Mortgage Lending To 15%
Mortgage loans in lei granted by ING Bank have reached 15% of overall mortgage lending nine months after the bank’s strategic decision to no longer sell retail loans in euros.
“First Home” Mortgage Loans Might Become More Expensive Under New Legislation
“First home” mortgage loans, which will be granted only in lei according to the latest changes to the state-guaranteed mortgage lending program, could go up by an average 8%, considering the...
BCR: Banks To Give More Mortgage Loans In Romanian Lei
Romanian mortgage lenders are likely to extend more loans in local currency as the central bank’s pressure increases and the new regulations for the government-subsidized tax credit program...
BCR Limits Foreign Mortgage Lending
Romanian top lender Banca Comerciala Romana (BCR) will target its mortgage lending at borrowers in domestic currency to protect them against currency exchange risks, the bank said Wednesday.
Slowdown In Sales Of Mortgage Loans In First Two Months
The number of mortgage loans rose by only 2,000 accounts in January and February, a four times slower pace than in early 2011, considering bankers are only selling “First Home” scheme loans...
BNR Won’t Limit Forex Mortgage, Real Estate Loans
Romanian central bank will most likely refrain from measures to limit mortgage and real estate lending in foreign currency, because the local market is unable to provide adequate financing r...