On Tuesday, the central bank NBS approved further measures aimed at curbing the growth in retail lending, the volume of which has doubled since 2012. Starting in July, banks won’t be allowed to provide loans to applicants with debts over 8-times their net annual income. Mortgages for more than 90% of the real estate value will be banned, and those over 80% will be restricted. NBS emphasizes that credit standards will be tightened gradually and the July measures start where the market currently stands. The change for clients will come over time, and will mostly impact applicants in Bratislava where real estate prices are the highest.