Survey: Few Hungarians switch banks

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Just 4% of Hungarians between the ages of 18 and 65 switched banks last year, according to a representative survey of 500 Hungarian retail banking clients that was conducted by Ipsos and released yesterday. The survey was commissioned by Budapest Bank.

In the last ten years, approximately three-fourths of the respondents have not changed banks, and only 7% of them claimed to be planning to switch banks in the coming year, according to the survey.

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