MNB: Loans converted to forints reach HUF 8.9 bln in October
In October, redemptions of loans related to the conversion of FX housing loans and general purpose mortgage loans converted into forints amounted to HUF 8.9 billion, according to fresh data from the National Bank of Hungary (MNB).
Of this amount, redemptions of loans extended by banks to existing customers and new customers reached HUF 1.5 bln and HUF 7.4 bln respectively.
In the period of March-September 2015, redemptions of loans extended to existing customers and new customers respectively amounted to HUF 5.6 bln and HUF 26.1 bln.
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Varga Meets With Chinese Business Leaders
AutoWallis May Increase Planned Sales Due to Strong Performa...
Around 2,800 Events Take Place in European Capital of Cultur...
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.
