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Aegon Magyarország to open lending unit

Insurance company Aegon Magyarország Zrt will start operating a lending unit, called Aegon Magyarország Hitel Zrt, on November 2, András Harnos, the new unit's CEO, said on Thursday.

The unit will start offering Swiss franc-based personal loans to clients who put up real estate as collateral. Euro- or forint-denominated loans may also be available later, Harnos said.