Talks on the matter are underway and the necessary modifications to regulations could be made within months, Panyi said.
He added that talks with banking sector insiders had taken place earlier on Wednesday.
The talks aim to address uniform practices for dealing with loan applicants’ income earned abroad as well as borrowers’ intent to return to Hungary, Panyi said.
The amendments could open the scheme to “thousands” of young Hungarians working abroad, he added
The 3% fixed credit scheme was launched in September.
More than 31,000 Home Start loans have been disbursed.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
