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Tagsloans
Credit standards for loans were tightened in first quarter of 2012
CREDIT standards for loans to enterprises and households became stricter in the first quarter of 2012, according to the April 2012 Bank Lending Survey of the Central Bank.According to the survey, demand for loans by enterprises and households registered a decrease in April 2012, while credit standards for housing loans, consumer credit and other lending for the second quarter of 2012 are expected to become tighter... 3 comments
Housing organisation accounts
THE HOUSE Finance Corporation (HFC) loaned over €199 million in 2011, the House finance committee heard yesterday.According to the HFC head, Christakis Loizides, the corporation gave out 3,712 loans - 783 housing loans worth €97.4 million and 258 loans through the government’s special housing scheme for low earners, worth €33.2 million.Furthermore, 225 loans costing €10 million were spent on the unified housing scheme - for those living on the green line, in communities with less than 500 inhabitants, large families and disabled people.And €58 million was paid out to the central agency for equal distribution of burdens... Read on
