Romanians To File 133% Guarantee On Consumer Loans - Draft

09.06.2011 By Andrei Circhelan

Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at least 30%, according to a draft regulation developed by the central bank.

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Keywords:
BNR
, CONSUMER
, LENDING