Minister of Economic Development Márton Nagy thanked lenders for their cooperation in implementing voluntary rate caps on new corporate and retail credit from October 9 in a statement issued by his ministry.
Economic Development Minister Márton Nagy has asked lenders to apply voluntary rate caps to new corporate and retail credit from October 9, his ministry said on Tuesday, after a meeting with representatives of the Hungarian Banking Association.
The Hungarian Banking Association agreed to draft a package of measures banks can take to support the recovery of the lending market at a meeting with Minister of Economic Development Márton Nagy, his ministry said in a release on its website this week.
For the first time, a Hungarian team has won the High School Business Challenge, organized by the European Foundation for Entrepreneurship Development.
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