Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
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...