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How much is collateral backing loans sold by banks worth now?
23.02.2011, 23:46 | Finance-Banks | 816 views
The ratio of the loans banks have to recover from clients and the value of the collateral they hold for these loans is at a comfortable level, of less than 80% says NBR. As a paradox, the ratio has remained constant over the last few years, although home prices have fallen by as much as 50% in some cases. The data revealed by the NBR are based on the reports of the ten most important banks in terms of lending in Romania during a quarterly survey. The loan-to-value ratio is calculated only for mortgage-backed loans. Read more on ZF.ro
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