You are here

Stricter lending rules for Norwegian banks

Oslo NORWAY'S banks will have to assume bigger lending losses on residential mortgages from next year, the finance ministry ruled on Sunday, in a move that could force banks to increase capital buffers even further. From Jan 1, banks will have to use a Loss Given Default (LGD) rate of 20 per

sentifi.com

Market voices on:

Powered by GET.comGetCom