SBV has asked lenders to avoid focusing too much on real estate customers and to maintain credit growth in the sectors within safe limits.
The SBV also requested better control over consumer credit. Consumer loans in 2017 reached about 19%, of which loans to buy and renovate houses accounted for most of them, followed by equipment and transportation purchases. With a high loan margin and high profit margin, the SBV have asked banks to ensure repayments on the consumer lending segment.
