Swiss Franc Loans Cause Trouble To Banks And Clients Alike

06.28.2011 By Chiru Liviu Mihai

Loans in Swiss francs, used in boom years as a means of stimulating sales thanks to the low nominal interests, are now troublesome for bankers as well, not just for clients who chose to borrow in this currency and are struggling to repay their loans, because of the exchange rate increase.

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Keywords:
SWISS FRANKS
, LENDING
, EURO