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Forex Scheme Costs Hungarian Banks Ft 90.6bn

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Forex Scheme Costs Hungarian Banks Ft 90.6bn
"By the end of November 54,560 mortgages to the value of Ft 248.4 billion had been fully repaid within the framework of the foreign-currency mortgage early repayment scheme, the financial supervisory Pszáf announced on its website. The market value of these loans, calculated to actual exchange rates, was Ft 338.9 billion. Applications can be filed until December 31.


A total of 3,809 new forint loans, to the value of Ft 18.3 billion, were provided to help debtors take advantage of the scheme."

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.


07.12.2011




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