Baracsi Lóránt: A magyarországi jelzáloghitelezés a két világháború között. In: Köztes-Európa : társadalomtudományi folyóirat, (12) 2. pp. 5-25. (2020)
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Abstract
Following the currency reform in 1892 majority of new, necessary sources to the mortgage lending arrived in foreign exchange, while the provided loans remained on domestic currency basis. These liabilities helped a lot the country's development then but in the years during and following the war mortgage loan amounts dropped back significantly together with devaluing of the crown and its value did not make possible the repayment of sources. Hungary needed further loans from abroad but in the post-war period was very difficult the access to credit for an insolvent country. In the period of accelerating of inflation between 1914 and 1924 the majority of loan amounts was repaid, and about the part remained on areas allocated to neighbour countries it was necessary to make an agreement with the successor states. The financial services and provision of mortgages restarted their activities following stabilization of crown is 1924, on a volume which were nowhere near at this one before the war. Until the Great Depression started at 1929 majority of foreign sources arrived in dollar, and the outstanding loans were on the same basis. Following the moratorium for repayment foreign exchange from 1931, Hungarian banks could not repay their debt, so they could not get more liabilities from abroad. Attempts for intervention from the state remain without success in helping mortgages lending sector, which only suffered until nationalization.
Item Type: | Article |
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Other title: | Mortgage lending in Hungary in the interwar |
Journal or Publication Title: | Köztes-Európa : társadalomtudományi folyóirat |
Date: | 2020 |
Volume: | 12 |
Number: | 2 |
ISSN: | 2064-437X |
Page Range: | pp. 5-25 |
Language: | Hungarian, English |
Publisher: | Egyesület Közép-Európa Kutatására |
Place of Publication: | Szeged |
Related URLs: | http://acta.bibl.u-szeged.hu/73052/ |
Uncontrolled Keywords: | Bank - Magyarország - 20. sz., Jelzáloghitel - Magyarország - 20. sz., Pénzügyi válság - Magyarország - 1929-1931 |
Additional Information: | Bibliogr.: 25. p. ; összefoglalás angol nyelven |
Subjects: | 05. Social sciences 05. Social sciences > 05.02. Economics and business 06. Humanities 06. Humanities > 06.01. History and archaeology |
Date Deposited: | 2021. Jul. 19. 13:45 |
Last Modified: | 2023. Mar. 02. 14:26 |
URI: | http://acta.bibl.u-szeged.hu/id/eprint/73098 |
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