Sunday, November 21, 2010

Credit tendensions

For several months they do not change. People who want to take out loans, most prefer the euro. Meanwhile, those who have loans in dollar - is eager to change them into euros. Most of the people who want to reduce your monthly payments, who do not understand that at best this "salvation" would only last a few months. In view of this situation, banks have taken their own actions.

These banks even on the loan in U.S. dollars. In all euro-denominated loans. The average resident would question why that is? Do the banks have provided loans and the devaluation of the litas provided in euros? According to banks, loans are much riskier in dollar, whereas the banks themselves borrow $ is much higher than the euro - and there is a risk. This has implications for the country risk indicators, both national stock price index and the so-called risk

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