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Foreign Currency Loans Decrasing
Foreign currency loans: One quarter of all Erste Bank customers have converted or switched loans with payment vehicles.
Foreign Currency Loans Decrasing / Picture: © SW Umwelttechnik
Since the autumn of 2011, Erste Bank has been recommending customers with Swiss franc loans to convert their loans. In a campaign, borrowers were strongly advised to switch from fluctuating Swiss franc loans to fixed-interest or capped euro loans. The reason was - and still is – to avoid the double risk of interest rate and currency fluctuations.
As a result of one-on-one…
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