BoF's Noyer warns on imprudent mortgage lending

Bank of France governor Christian Noyer told the French banking commission Wednesday 28 June that imprudent mortgage lending by French banks could lead to problems if interest rates rise or property prices fall.

"The persistent easing of conditions for the granting of loans, particularly through reduced requirements for borrowers' personal contribution, combined with very low margins...could have negative consequences on the solvency of households and on the financial situation of lending inst

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: