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Interest rates on consumer loans down in November.

Europe Intelligence Wire

| December 27, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, December 27 (MTI) - The average interest rate on consumer credit for households declined in November while those on overdrafts and other loans increased, the National Bank of Hungary (MNB) said on Monday.

The average rate on property loans provided for the household sector for periods of over 10 years continued to decrease …

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