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View Full Version : Erste Bank of Austria Sends Risk Head to Hungary Following Mortgage Losses - Bloomber



NewsWhore
12-15-2011, 07:50 AM
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Erste Bank of Austria Sends Risk Head to Hungary Following Mortgage Losses (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGlHCe2fA21ydRlfXfDXAftDcTA6Q&url=http://www.bloomberg.com/news/2011-12-15/erste-bank-of-austria-sends-risk-head-to-hungary-following-mortgage-losses.html)
Bloomberg
30 to cover bad loans in Hungary following Prime Minister Viktor Orban&#39;s foreign-currency mortgage law passed in September. The provision is almost four times the 180 million euros the bank set aside for souring loans in Hungary in the same period of ...

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