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Tightening conditions for mortgage provision

  • Writer: Vladimír Dohnal
    Vladimír Dohnal
  • Dec 5, 2017
  • 1 min read

The central bank NBS is considering further tightening of conditions for the mortgage provision. In September, household debt was 14% higher annually, which was the fastest pace in the euro zone. Vladimír Dvořáček, head of the financial market dept. at NBS, says NBS is considering reducing the LTV (loan-to-value) ratio, i.e. clients will need more of their own money to buy real estate. At present, NBS is limiting the provision of mortgages with an LTV over 80%. NBS can also call on banks to put aside more of their own capital (increase the so-called capital cushion). NBS also plans to impose a limit on the total amount of debt, relative to income, a client can have.

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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

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