The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in liabilities.

National Eszközkezelő paid HUF 3.7 mln on average for a property while the average market value of the acquired homes is HUF 8.1 mln, Hungarian news agency MTI reported.