Restrictions on retail lending to be eased in July

The Slovenian central bank will relax its restrictions on retail lending in July to make loans more accessible to individuals whose earnings range from minimum to average pay.

The minimum level of creditworthiness, now set at 76% of the gross minimum wage, will be based on the level of essential living expenses, while taking into account certain additional factors.

As a result, the threshold at which the customer is deemed creditworthy will be lowered from €915 to €745, which is the amount of money that needs to be left on the borrower's account after they have settled all...