NBR relaxes regulation, but not enough - Azi

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The final draft of the regulation for lending to the population, adopted by the NBR (National Bank of Romania), is "less restrictive" than was initially expected, but bankers also have provisions they are unsatisfied with.

"I am happy about what has been achieved, but there are still things I find inconvenient. The most unfortunate thing is that all restrictions apply almost indiscriminately, without distinguishing between consumer and mortgage loans," said Radu Ghetea, chairman of the Romanian...

Read the whole story in: Ziarul Financiar