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Central bank pulls brake on consumer loans

Ljubljana, 9 October - After issuing a set of recommendations last November to warn against imprudent consumer lending practices, Banka Slovenije moved from recommendations to formal restrictions on Wednesday while also further stiffening conditions. "This is also to let the public know where the limits of healthy borrowing lie," Vice-Governor Primož Dolenc said.

Ljubljana,
Press conference by Banke Slovenija, the central bank, on restrictions being introduced for consumer and housing loans.
Photo: Nik Jevšnik/STA

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