The government will withdraw 220-280 million euros from 7-8 banks involved in the "Prima Casa" program, as these failed to use the funds, and will split the money between the lenders that granted the most credits, said the head of the National Fund for Credit Guarantees (FNGCIMM), Aurel Saramet.
He
mentioned the lenders that offered most of the credits are BRD SocGen,
Banca Comerciala Romana (BCR), Banca Transilvania, Alpha Bank,
Volksbank and Raiffeisen Bank. The first four banks covered 88 percent
of the amounts contracted so far.
Three
lenders registered in the “Prima Casa” incentive program did not grant
any loan, while other four or five banks spent 0.1 – 3 percent of the
available money.
Saramet added 25.5 percent of the 4,800 houses bought through this program so far were built after 2008.
Some
20 banks handed in offers to participate at the “Prima Casa” program.
These were BCR, BRD-SocGen, Raiffeisen Bank, CEC Bank, Alpha Bank,
Volksbank, Banca Transilvania, Bancpost, Banca Romaneasca, Piraeus
Bank, Bank Leumi, ATEbank, Intesa Sanpaolo Bank, Credit Europe Bank,
OTP Bank, Unicredit Tiriac Bank, ING Bank, Emporiki, Millennium Bank
and Garanti Bank.
ING
Bank subsequently announced it wants to exit the program and that it
will launch a similar product, in the limit of 80,000 euros for each
loan.
The
government established a ceiling for credits granted through the Prima
Casa program at 1 billion euros and each bank was alloted a limit in
the volume of the loans through the pro-rata system, depending on the
offer initially filed.
