Central Bank Is Late To Discourage Foreign Currency Lending, Doesn’t Go All The Way

09.22.2011 By Razvan Voican

On a market where loans in foreign currency account for two thirds of overall household lending, the National Bank of Romania (BNR) wants to discourage foreign currency loans, especially mortgage loans, by imposing a minimum 30% down-payment.

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Keywords:: BNR; , LOANS; , FOREIGN CURRENCY; , FIRST HOME

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