The President of the National Bank of Hungary has issued its first decree on the general rules governing the calculation methods of retail loan agreements. Dr Mónika Kapetz in the second article (you can read the first here) of this three-part series looks into the three applicable methods based on which financial institutions are bound to recalculate Forex-based loans. Dr. Kapetz Mónika attorney at our law firm reports on the detailed rules in an article published in the legal column of www.origo.hu. The article is available at the following link: http://www.origo.hu/jog/lakossagi/20141121-krs-igy-jarhatnak-el-a-bankok-a-devizahitelek-elszamolasakor-2-resz.html
You can download the full article in pdf from here: