Central bank proposes limits to forex lending

These percentages would be 40pc, 31pc and 20pc respectively for households with a net monthly income between HUF 250,000 and HUF 500,000. For households earning more than HUF 500,000, repayment would be a maximum 50pc for forint loans, 38pc for euro-based loans and 25pc for other forex loans. For household mortgage loans, the maximum loan-to-value limit would be 70pc for forint loans, 54pc for euro loans and 35pc for other forex loans. The proposal would set the maturity of vehicle loans at a maximum of five years, and the loan-to-value limit for these would be 80pc for forint loans, 62pc for euro loans and 40pc for other forex loans.

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