BCR got a limit of RON 490 million (EUR 110 million) in the First Home 7 program, reads a press release issued by the bank on Monday. The amounts can be used to purchase any type of housing through the First Home program.
BCR estimates that it will grant over 7.500 new First Home loans and that it will use the total amount by the end of the year. “We forecast that we will use the whole limit allocated and that we will need an additional limit by year-end,” stated Ioana Mihai, Chief Department Guaranteed Loans with BCR.
BCR has already granted through the First House 6 program about 6,000 loans, and since the beginning of the program up to now about 38,000 loans worth over RON 6.3 billion (EUR 1.4 billion).