Veronika Varga-Bajusz said loans had been disbursed to around 13,000 of the applicants.

The zero-interest credit, up to HUF 4 million per applicant, is available to working Hungarians under the age of 25 ineligible for student loans.

Borrowers can get two-year grace periods on repayments after the births of their first and second child, and the principal is forgiven after the birth of a third child.