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foreign exchange loan

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Erste Bank to move development funds from Hungary

D&T
Sep 27, 2011

Erste Group would not invest resources earmarked for business development in Hungary. It will, however, ensure sufficient capital for capital adequacy and liquidity to its Hungarian unit, Erste Group chairman-CEO Andreas Treichl said.

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For-ex payback law passed by Parliament

D&T
Sep 20, 2011

Hungarian parliament on Monday evening gave the green light to the ruling Fidesz party's scheme to offer holders of foreign currency-denominated mortgages the option to pay off their full loans at preferential rates.

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