Banks grant loans worth 400m euros
under “First Home” scheme
Banks had granted loans worth 400 million euros as part of the “First Home” scheme by the end of November, according to data from the SME Guarantee Fund (FNGIMM), which provides guarantees for the loans.
This means 40% of the 1 billion-euro credit allocated by the Government for the “First Home” scheme in 2009 has been used up.
The scheme was launched five months ago. The Fund provided 9,467 guarantees (the number of loans granted by banks), half of which were used for the purchase of two-room apartments.
Source: Ziarul Financiar, 14.12.2009
http://www.zf.ro/zf-english/banks-grant-loans-worth-400m-euros-under-first-home-scheme-5176529/
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