Oct. 28 (Bloomberg) -- Erste Group Bank AG Chief Executive Officer Andreas Treichl said it was impossible to predict future actions on Hungarian banks by Prime Minister Viktor Orban’s government.
“We have to expect everything,” Treichl told analysts in a conference call when asked whether he expects Orban to force banks to swap Swiss franc-denominated mortgages into forint at below-market rates.
“I expect a lot of things, but I do think there is a limit” defined by European Union rules to what the Hungarian government can do, Treichl added.
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