Romania Ctrl Bk: Pawnshops Not Allowed To Grant Loans With Realty Assets As Collateral
15:05, 13 Ian. 2010
Pawnshops in Romania are allowed to accept only movables as collateral for the loans they grant, and the pawns will be kept until the loan is paid back, the central bank said Wednesday, in response to media information alleging several pawnshops grant loans with real estate assets used as collateral.