HC Deb 03 June 1947 vol 438 cc8-9W
52. Mr. Pickthorn

asked the Financial Secretary to the Treasury what commercial credits to Hungary have been guaranteed by the Government and what commercial debts on which payment is due from Hungary have not been honoured.

Mr. Glenvil Hall

Prewar credits guaranteed by His Majesty's Government amount to £4,332. Since the war the Export Credits Guarantee Department have given guarantees in respect of credits amounting to about £520,000. Outstanding commercial debts from Hungary, including bankers' credits, are about £4 million.