18:34, 22.08.2008 Romanian Official Gazette Publishes New Credit Risk Limit Regulation

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BUCHAREST / 18:34, 22.

08.2008 The new regulation regarding the credit risk limitation for household lending was published Friday in the Official Gazette, and the lenders will have to send the new norms for approval in 45 days utmost.Earlier in the week, sources said that according to the new regulation, the banks will calculate a debt degree for household lending based on revenues that do not exceed by more than 20% the ones declared to the Fiscal Authority in the previous year.Also, the...

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