Working group proposes powers for FIN-FSA to limit maximum size of housing loans
Vauhkonen, Jukka (20.11.2012)
Numero
2
2012
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408075210Tiivistelmä
In Finland, new tools are being introduced to stave off financial crises. A binding maximum loan-to-value ratio will rein in excessive lending for house purchase and household debt accumulation, while a countercyclical capital buffer requirement will mitigate the effects of credit crunches caused by financial crises.