Supervisory authority warns: “Several banks are applying unsustainable criteria when granting loans”
From conservative to sporty – the supervisory authority Finma finds that banks differ greatly when it comes to granting mortgages for real estate.
It is unclear: it is difficult to say how stable real estate is financed in this country
It’s a lot of money. Banks have granted over 1,000 billion francs in mortgages in Switzerland. So more than a trillion. According to the latest figures from the Swiss National Bank, it is around 1,164 billion francs.
2023-10-09 03:22:10
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