First Home scheme guarantee caps reallocated: winners and losers

Three banks have seen their guarantee caps for mortgage loans
within the “First Home” scheme cut by 41.5 million euros, which
were reallocated to six other banks.
The Greek from Banca Românească saw their guarantee cap
supplemented by 16 million euros, after the half-yearly
reallocation conducted by the Loan Guarantee Fund for SMEs.
The list of banks whose guarantee cap was raised also includes
Bancpost, which was given 13 million euros more, for a total of 25
million euros and Millennium Bank, which received an additional
eight million euros. Italians at Intesa Sanpaolo and the Greek at
ATE Bank received an additional 1 and 0.3 million euros in
guarantees respectively.
BRD, the second largest bank in terms of assets, which had
been allocated the second largest guarantee cap, lost 14 million
euros. The French, however, continue to have the second-largest
guarantee cap, worth 136 million euros. The market leader, BCR,
which has the biggest guarantee cap, has preserved it, at 215.6
million euros.
Piraeus Bank, another Greek-held bank saw its cap cut by 22
million euros, while UniCredit Țiriac Bank lost 3.2 million euros.