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KM Financial Solutions | UPDATE 1-Czech central bank caps mortgage loans as property prices soar
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UPDATE 1-Czech central bank caps mortgage loans as property prices soar

11 Jun UPDATE 1-Czech central bank caps mortgage loans as property prices soar

Posted at 09:40h in News by
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PRAGUE, June 12 (Reuters) – The Czech central bank said on
Tuesday it would cap mortgage loans at nine times borrowers’
salaries, addressing concerns that a lending spiral might
destabilise the financial system in times of crisis.

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