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About 1,750 borrowers join fixed-rate repayment assistance program

Initiatives

By the beginning of October, about 1,750 bank clients had declared their intent to participate in a government assistance program that temporarily fixes exchange rates for repayments on foreign currency-based mortgages, László Balogh, deputy chairman for consumer protection at financial market watchdog PSzÁF, told MTI on Thursday.

More than 800 of these clients have signed contracts to participate in the program, Balogh said.

He said PSzÁF would initiate the broader application of stricter rules on unilateral changes to mortgage loans to all types of credit.

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