Highest lending margin in First House Program to be maintained

The highest margin in the case of the loans provided within the First House Program will be maintained at the level of 2019. A decision to this effect was taken by the Cabinet, IPN reports.

The Ministry of Finance said the margin is of up to 2% a year.

According to the Ministry, over 3,800 homes have been purchased through the governmental program First House since its launch. The banks lent a total of over 1.9 billion lei for the purpose, with the guarantees coming to almost 957 million lei.

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