Bankers were talking about a slowdown in mortgage lending as early as this summer, amid uncertainties concerning the real estate market. Many clients preferred to put off buying a home, amid signs of prices going down, especially for old apartments.
In November last year loans made a record jump, of 286 million euros. But it slowed down month-by-month, dropping to 55.7 million euros in March. July marked another downturn of 86.8 million euros.
As such, expressed in euro, the balance variation indicates a marginal growth, of 0.6%.
Mortgage lending in lei also stagnated in July, the balance remaining 444 million euros.
Lending sales, including on the real estate segment, will be affected starting with October by the enacting of BNR restrictive regulations.