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Articles - FX loan

Banks sign contracts for HUF 184 billion under growth scheme

9/3/13

Banks signed loan contracts with SMEs for 184 billion forints under the National Bank of Hungary’s Funding for Growth Scheme by the middle of August, a report published by the central bank on Thursday shows.

Central bank mulls extending FX loan forint conversions

8/27/13

Hungary’s central bank has raised the idea of extending the programme under which foreign-exchange mortgages are converted to forints at a rate of 180 forints per Swiss franc. The measure would cost 30-40 billion forints a year based on current exchange rates, according to calculations by the National Bank of Hungary released on Monday.

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