18:47, 20.08.2008 Romaniaas Ctrl Bk OKs New Credit Risk Limit Regulation

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BUCHAREST / 18:47, 20.08.2008 Romaniaa€™s central bank board approved on Wednesday the new regulation regarding the credit risk limitation for household lending.

The new regulation will be published in the Official Gazette at the end of the week or the beginning of the next, sources saidAccording 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...

Read the whole story in: Mediafax