BNR agrees to less restrictive conditions for mortgages

As of January, Romanians are free to access mortgages for which they offer collateral of homes and in town plots of land with a maximum degree of indebtedness of 60-65 percent, provided they make a down payment of at least 10 percent. This is the first decision on less restrictive lending in 2009, insistently requested by bankers, and approved yesterday…