Results 1 - 22 from 22 for "debt discharge"
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ING Bank CEO On Debt Discharge Law: It’s Very Dangerous That Those Things Can Happen
03.08.2017
The debt discharge law has triggered a state of incertitude on the market and it is very dangerous that those things can happen, Michal Szczurek, ING Bank Romania CEO, stated Wednesday. more
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Piraeus Bank Set Up Provisions Of EUR9M For Loans Subject To Debt Discharge Law
12.14.2016
Piraeus Bank set up provisions (reserves covering potential risks) worth EUR9 million for loans that might fall under the debt discharge law, bank representatives said on Wednesday. more
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Debt Discharge Law Triggered Limited Effects On Real Estate Market
11.01.2016
The debt discharge law has triggered immediate effects both on the banking and real estate market and the related industries; nevertheless, imbalances did not last long and the situation is stable at more
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Imobiliare.ro: Apartment Prices In Romania’s Big Cities Fell After Enforcement Of Debt Discharge Law
07.04.2016
Only a month after the enforcement of the debt discharge law, apartment prices in capital city Bucharest and across Romania saw declines of 0.7% to 4% on the residential segment, according to a study more
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Minister: People Resorting To Debt Discharge Law To Be Exempted From Paying Property Transfer Tax
06.29.2016
Romanian Finance Minister Anca Dragu said natural persons returning real estate collateral to banks in exchange for writing off their loans will be exempted from paying the tax on property transfer. more
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Notaries Public To Halve Fees For Debt Discharge Law
05.26.2016
The National Union of Notaries Public in Romania (UNNPR) has decided to cut by 50% the fees charged for retail mortgage borrowers who resort to the provisions of the law on debt discharge, according more
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First Home Program Gets Additional Funding Of RON500M In 2016
05.18.2016
The guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program was supplemented by RON500 million, according to a decision adopted Wednesday by the government, as more
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Law On Debt Discharge Comes Into Force
05.13.2016
The law on debt discharge came into force on Friday, 15 days after it was signed into law by Romanian President Klaus Iohannis and published in the Official Gazette. more
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President Klaus Iohannis Signs Debt Discharge Bill Into Law
04.28.2016
Romanian President Klaus Iohannis on Thursday said it signed into law a debt discharge bill allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off more
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ARB Asks President To File Appeal At Constitutional Court On Debt Discharge Law
04.20.2016
Romanian Banking Association (ARB) asked President Klaus Iohannis to file an appeal at the Constitutional Court regarding the law on debt discharge, arguing that the law is jeopardizing the more
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ARB: Law On Debt Discharge To Negatively Impact Financial Stability
04.13.2016
The law on debt discharge will have a negative impact on financial stability, while it might also include elements of unconstitutionality and moral hazard, the Romanian Banking Association (ARB) said more
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Parliament Adopts Law On Debt Discharge
04.13.2016
The Romanian Chamber of Deputies has adopted the law on debt discharge on Wednesday, with 207 pros, one con and one abstention. more
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Law On Debt Discharge Brings No Solution To Vulnerable Social Groups - Study
04.07.2016
The current version of the law on debt discharge brings no alternative for vulnerable social groups whose dwelling conditions could by highly affected, according to a study by Public Policies more
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Chamber of Deputies’ Legal Committee Adopts Law On Debt Discharge
04.05.2016
The legal committee of the Chamber of Deputies has adopted the law on debt discharge on Tuesday, deciding that it will also be applicable to properties subject to foreclosure procedures. more
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Survey: Most Romanians Want Proposed Debt Discharge Law To Benefit Only People Owning One Home
04.05.2016
More than three quarters of Romanians (77%) say the proposed law on debt discharge should benefit only people who can no longer pay back their loans, not those who no longer want to pay, as per a more
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ING: Markets To Remain Cautious Ahead Of Talks On Debt Discharge Law
04.04.2016
Markets will remain cautious ahead of Tuesday’s talks on the debt discharge bill at the Chamber of Deputies, according to ING Bank economists, which expect an apathetic trading session, at values more
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Fitch: Law On Debt Discharge Threatens Romanian Banks Recovery
03.23.2016
The proposed law on debt discharge, allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans, could disrupt the Romanian banking sector's more
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Disappearance Of First Home Program Can’t Be A “Defining Element” In Romania – Real Estate Analyst
03.10.2016
The disappearance of the government-backed mortgage lending First Home program after the implementation of the law on debt discharge does not represent “a defining element” in Romania, according more
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Romanian Banking Association: Don’t Ask Why Banks No Longer Grant Loans And Costs Are Up
03.03.2016
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Senate Adopts Law On Debt Discharge
02.29.2016
The Romanian Senate unanimously approved on Monday the law on debt discharge, with 119 pros and no con, but the Chamber of Deputies has the final say on the matter. more
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EC Report: Current Version Of Law On Debt Discharge Could Generate Major Risks
02.26.2016
The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also have a more
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Lhotte: BRD Agrees With Law On Debt Discharge For Future Contracts
02.11.2016
Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) agrees with the law on giving in payment that would only target future contracts, without applying retroactively, and only for more