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Romanian Bkers To Present Next Wk Lending Norms Proposals To Ctrl Bk

Romanian bankers will present next week the new household lending norms proposals to the central bank, the president of Romanian Bank Association ARB Radu Gratian Ghetea said Wednesday.
Romanian Bkers To Present Next Wk Lending Norms Proposals To Ctrl Bk
10 dec. 2008, 13:33, English

„We will present BNR next week a draft with the banks’ proposals for lending regulations. One thing is sure, namely we will ask for the split up within the regulations between mortgage loans and consumer loans, as well as between the guaranteed and non-guaranteed loans,” Ghetea said.

The lending proposals have not been completed yet, as ARB must gather all the 40 banks’ opinions.

As for the working group with representatives of Ministry of Economy and Finance on lowering mandatory minimum reserves, Ghetea said talks should probably held next week with the central bank. ARB further expects an invitation from the Finance Ministry.