Descarca catalogul - ALB

(3) In case there is no legal obligation to declare revenue to the tax authorities, lenders shall establish
the income for the previous year based on other supporting documents.
(4) Notwithstanding the provisions of paragraph (1), lenders may take into account the income
exceeding the established level, but only after obtaining, from the customer, the supporting
documents demonstrating its continuity in the future.
The supporting documents must prove the changes occurring in the situation of the customer’s
income, such as a different position, a different job or changes having a significant impact on the
increase of the business volume of individuals obtaining self-employed income.
Article 10
When extending a credit to a borrower, lenders must ensure that the documents and information
presented by the latter indicate that, for the entire duration of the loan, the total level of indebtedness
of the applicant is within the maximum allowed level applicable to it.
Article 11
(1) When extending consumer loans denominated in a foreign currency or indexed to the exchange
rate of a currency, the applicant must have at its disposal immovable property and/or personal
property amounting to a minimum of 133% of the loan amount.
(2) For the purposes of this regulation, the insurance policies involving the coverage of the default
risk shall be treated as personal property.
(3) The credit facilities extended by means of withdrawals from overdraft accounts and loans
granted via credit cards, the value of which does not exceed three times the monthly net income,
may be exempt from the obligation to establish a security, provided that they should not exceed a
limit set by the internal regulations of the lender.
Article 12
(1) The consumer loans are granted for a maximum period of five years.
(2) The provisions of paragraph (1) shall not apply to consumer loans extended to cover real estate
projects, for the purposes of Article 2, letter a), (ii), granted in RON and for which the borrower has
demonstrated holding an amount equal to at least 40%. of the loan amount, as advance payment.
Article 13
(1) The value of a loan extended for real estate investments cannot exceed 85% of the value of the
mortgage collateral, for loans granted in RON.
(2) When extending loans denominated in a foreign currency or indexed against the exchange rate
of a currency, the value of the loan extended to cover a real estate investment cannot exceed 80% of
the mortgage collateral, if the borrower secures the eligible income denominated or indexed against
the loan currency.
(3) The value of the loan for real estate investments extended to a borrower who does not secure
the eligible income denominated or indexed to the loan currency cannot exceed 75% of the value
of the mortgage collateral, for loans denominated in euros or indexed to the EUR exchange rate,
and 60% for loans denominated in other currencies or indexed to the exchange rate of other foreign
currencies.
(4) The provisions of paragraph (1) to (3) do not apply to loans extended to cover real estate
investments, which are wholly or partially secured by the State.
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