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HUB says banks seeking solution for franc-pegged loans

Author: mses
ZAGREB, Jan 16 (Hina) - Commercial banks will continue to seek concrete measures, as far as their possibilities allow them, to offer long-term assistance to debtors with Swiss franc-tied loans, following the decision of the Swiss national bank to remove a cap of 1.20 francs per euro, which led to an abrupt and high appreciation of the Swiss national currency, the Croatian Banking Association (HUB) said in a statement on Friday.

(Hina) ms

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