Swiss Franc Strengthening Brings Special Measures At OTP

08.11.2011 By Razvan Voican

The rocketing Swiss franc, which climbed beyond the RON4 threshold, pushed OTP Bank to take unprecedented steps to support clients: a one-percentage point interest cut over periods of six months to two years and halting principal payments for as much as two years.

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Keywords:: OTP; , SWISS FRANC; , CHF; , LOANS

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