Popa (BNR): We do not expect massive increase in non-performing loans in Swiss francs
Monday, June 20, 2011
The National Bank of Romania (BNR) does not expect an increase in the non-performance rate of the Swiss francs loans, neither will it adopt the same measure as Hungary, which fixed the exchange rate to stop the wave of non-performing loans, BNR deputy governor Cristian Popa said on Tuesday. 'We do not expect a higher rate of the non-performing loans in Swiss francs, especially because most of these loans are either mortgage or housing loans and the people living in these houses ...

