November 7, 2018 / 7:43 AM / 15 days ago

Moneta expects 'more moderate' Czech mortgage market growth -CEO

PRAGUE, Nov 7 (Reuters) - Moneta Money Bank expects the Czech mortgage market growth to be “more moderate” due to the Czech National Bank’s recommendations on mortgages, CEO Tomas Spurny said on Wednesday.

The central bank in October tightened its recommendations regarding loan volume and servicing ratios to client income in an attempt to cool the fast-growing mortgage and property market.

Reporting by Robert Muller; editing by Jason Neely

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