So far, seven of Romania’s ten largest lenders, namely BCR, BRD, Raiffeisen, CEC Bank, Alpha Bank and Bancpost, have raised the down payment required on mortgage loans, on the backdrop of the new legislation allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans.
Banks-Insurance
ING Bank Raises Required Down Payment On Mortgage Loans
ING Bank has raised the down payment required on mortgage loans in lei from 15% to 25%, two days after the implementation of the law on debt discharge.