Regulatory Alerts2018-01-01
Decree of NBS No 6/2018 amending Decree No 10/2017 on assessment of borrowers’ ability to repay consumer loans
Národná banka Slovenska issued Decree No 6/2018 to introduce a maximum debt-to-income ratio limit of 8 for consumer and housing loans. The regulation mandates that loans exceeding this ratio must not constitute more than 5% of new loan volumes, with transitional caps of 20%, 15%, and 10% applying through June 2019. The decree also defines the calculation methodology for total debt and establishes specific effective dates for various provisions starting from July 2018.
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