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 bgroendahl@bloomberg.net

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus