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Over 3,900 Romanians so far decided to give their homes as payment to banks, according to National Bank of Romania (BNR) data.
“Of the 3,907 notifications, 404 debtors have notified at least two loans,” Governor Mugur Isarescu announced on Monday, and continued: “Of these, 67 percent were challenged in court by banks. 46 percent of debt discharge requests are for Swiss francs loans, 47 percent – for euro loans and the rest for those in national currency.”
According to him, on 20 July, total amount of credits following Debt Discharge Law reached RON 1.1 billion, meaning 1 percent of total loans to households or 2 percent of the mortgages.
The controversial law on debt discharge came into force on May 13, after it was promulgated by President Klaus Iohannis and published in the Official Gazette.
The law allows for the discharge in full of any loans contracted by a natural person and secured by a mortgage arrangement, including any accessories in connection therewith. The law exempts the governmental backed programme “Prima Casa” (First House) and loans exceeding EUR 250,000.
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Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002