Swiss Franc Loans Become Hip Again In Hungary In October

"Following a moderating demand by Hungarian households for Swiss franc-denominated consumer loans, the National Bank of Hungary (NBH) has observed a sharp turnaround turn in this respect in October, the central bank's latest figures show. The amount of new mortgage loans for consumption leaped by 30% from the previous month to an all-time high. It is also a noteworthy development that even before the Christmas high season the amount of new CHF-denominated consumer credit jumped by 25% from September, setting yet another historic high."

05.12.2007

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