Sponsored Content
Banking Sector: Difficulties in Croatia Ahead
Sponsored Content
In order to protect indebted home-owners, the Croat parliament will resolve a new bank act. Like in Hungary, foreign-exchange-based mortgage should be converted at the expense of banks.
Banking Sector: Difficulties in Croatia Ahead / Picture: © Vindobona.org
About 75,000 Croat borrowers are repaying foreign currency loans. Most of them took out Swiss franc loans and euro loans. After 2008, interest payments went up suddenly. Now, Croatia´s government plans to set fix interest rates for foreign-exchange loans. The government has submitted a proposal to the parliament, which will vote on the proposal next week.
The European Banking…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content
ISIN
Sponsored Content