Clients have to pass 2% interest rise and 15/25% RON depreciation tests to get a loan - Azi
All news
The clients that take out new loans need to be able to cope with increases in interest rates by at least two percentage points and a depreciation of RON by at least 15% against the euro, and at least 25% against the Swiss franc, according to the minimum stress test required by the NBR as part of the new individual lending regulations.
In other words, the maximum loan that will be possible to get under the new terms will be the drastically lower by simulating a hypothetical increase in interest...
Read the whole story in: Ziarul Financiar