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Tag Archives: household credit

BNR wants to limit household credit. As of July 1, the household indebtedness level will no longer exceed 50pc of revenues

The National Bank of Romania (BNR) wants to restrict household credit and intends to drastically limit the household indebtedness for mortgage and consumer loans. Most affected will be the Romanians with low incomes, stiri.tvr.ro informs. The new regulation could be ...

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IMF issues FSAP technical note on calibration of a Debt-Service-to-Income limit in Romania

In a recent document released on June 8, the Financial Sector Assessment Program (FSAP), technical note, the International Monetary Fund (IMF) draws attention to vulnerabilities and the need to redesign the macroprudential tools. The recent pick-up in household credit in ...

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