October 9, 2019 / 8:07 AM / 10 days ago

Bank of Slovenia imposes restrictions on consumer loans

LJUBLJANA, Oct 9 (Reuters) - The Bank of Slovenia imposed restrictions on consumer loans to a maximum maturity of seven years to curb “excessive” crediting of local banks, the central bank said on Wednesday.

It added the ratio between the annual cost of debt and the annual net income of loan taker could no longer exceed 67%. (Reporting by Marja Novak; Editing by Alison Williams)

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