Raiffeisen Bank: We Raised Required Down Payment Over New Mortgage Law

02.03.2016 By Roxana Rosu , Claudia Medrega

The decision to raise the required down payment for mortgage loans was because of the impact we estimate the enforcement of the new mortgage lending law will have on the risk taken by our bank and if no clarifications are provided, we will stop selling First Home loans, Steven van Groningen, CEO of Raiffeisen Bank said on ZF Live.

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, down payment
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, giving in payment