NBR approved the new credit norms of Credit Europe Bank, with a maximum indebt ratio of 65%

The maximum indebt ratio accepted by Credit Europe Bank for their clients is up to 65% of their incomes and will be established based upon the applicant's income and the "scoring" generated by the bank.

"Not only the client portfolio data and history of more than 400,000 clients but also the international know-how of consumer lending and mortgage business helped us to establish the credit norms and principles approved by National Bank of Romania. While we will continue the prudent banking and crediting approach, the new credit norms will allow us client segmentation and risk based pricing for each product" declared Mr. Tamer Ozatakul, president of Credit Europe Bank Romania.

The new norms will be applied to all the credit products offered by the bank, from which we can mention/such as the mortgage loans, personal need loans and credit cards.