Market watchdog launches information campaign for troubled forex borrowers
Financial market regulator PSZAF on Monday said it launched an information campaign to help Hungarians with foreign currency-denominated mortgages decide whether to participate in a government-sponsored assistance programme.
Under the assistance programme, approved by Parliament in June, retail borrowers may opt to pay a fixed exchange rate on their loans denominated in Swiss francs, once the most popular lending product in Hungary, euros or yen. The programme contained additional measures as well.
ADVERTISEMENT
Companies Make Net Repayments on Credit in April
Parl't Approves Amendments to Legislation on Judiciary
Wizz Air Participates in USD 50 mln Investment
Tourism Nights Slightly up in April 2023
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
