Bloomberg News

Erste Expects Hungary to Raise Forint Supply on Franc Loan Swap

October 28, 2011

Oct. 28 (Bloomberg) -- Erste Group Bank AG expects the Hungarian central bank to “print forint” to meet increased demands by banks exchanging Swiss franc-based mortgages into forint-based ones, Chief Risk Officer Bernhard Spalt told analysts in a telephone conference.

To contact the reporter on this story: Boris Groendahl in Vienna at

To contact the editor responsible for this story: Zoe Schneeweiss at

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