3,302 result(s) for bank
Intesa Sanpaolo Banking Group Remains Faithful To Hungary By Restructuring CIB Bank
- 17 Dec 2013 8:00 AM
- business
The Italian Intesa Sanpaolo banking group stays committed to Hungary, despite its loss-making local subsidiary CIB Bank. Intesa, in a recent interview with Dow Jones news agency, said that it would continue to restructure CIB Bank until it becomes profitable again: “The reorganization has begun and will continue according to the changing market conditions and customer needs.”
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
XpatLoop Interview: Shinsuke Yokochi, Purchasing Director, Comgame 576
- 14 Dec 2013 11:00 AM
I studied finance at Seton Hall University in New Jersey USA.
HUF 620 Million In Hungary’s Government Funding For Charity Organisations
- 13 Dec 2013 8:00 AM
- community & culture
Minister of State for Social and Family Affairs Miklós Soltész announced today that, compared to 2011, the Government will provide more than twice as much funding for charity organisations as well as raising the number of eligible organisations from three to eight.
Construction Companies Tap Funding For Growth Scheme
- 13 Dec 2013 8:00 AM
- business
About 21 billion forints in credit from the first phase of the National Bank of Hungary’s Funding for Growth Scheme went to the construction industry, and companies tapped a further 48 billion for real estate projects, NBH managing director Márton Nagy said at a meeting of building association EVOSZ on Thursday.
Hungarian Govt To Limit Executive Bonuses At State - Owned Companies
- 12 Dec 2013 8:00 AM
- current affairs
The government on Wednesday asked state-owned company executives to pay back any bonuses above 2 million forints (EUR 6,644) they received this year. Deputy Prime Minister Tibor Navracsics told Wednesday’s cabinet meeting that no bonuses had been paid in the public administration in 2013.
Former Central Banker In Hungary Assesses Economic Outlook
- 12 Dec 2013 8:00 AM
- business
Growth in the countries of Central and Eastern Europe is projected to be around 2-3% this year and next, former central bank governor Péter Ákos Bod said on Wednesday. After several years of shrinking or moderate growth, Hungary will most likely be able to match the growth in Visegrad countries for the first time in 2014, he said.
Hungay's Tabloid Blikk: State Leaders Collect Huge Bonuses
- 11 Dec 2013 8:00 AM
- business
Prime Minister Viktor Orbán has ordered urgent reports from Development Minister Zsuzsanna Németh and Justice Minister Tibor Navracsics ahead of today’s cabinet meeting after the tabloid Blikk revealed the large bonuses paid to leading figures at state-owned companies and in public administration.
Intesa Sanpaolo Banking Group Remains Faithful To Hungary By Restructuring CIB Bank
- 17 Dec 2013 8:00 AM
- business
The Italian Intesa Sanpaolo banking group stays committed to Hungary, despite its loss-making local subsidiary CIB Bank. Intesa, in a recent interview with Dow Jones news agency, said that it would continue to restructure CIB Bank until it becomes profitable again: “The reorganization has begun and will continue according to the changing market conditions and customer needs.”
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
XpatLoop Interview: Shinsuke Yokochi, Purchasing Director, Comgame 576
- 14 Dec 2013 11:00 AM
I studied finance at Seton Hall University in New Jersey USA.
HUF 620 Million In Hungary’s Government Funding For Charity Organisations
- 13 Dec 2013 8:00 AM
- community & culture
Minister of State for Social and Family Affairs Miklós Soltész announced today that, compared to 2011, the Government will provide more than twice as much funding for charity organisations as well as raising the number of eligible organisations from three to eight.
Construction Companies Tap Funding For Growth Scheme
- 13 Dec 2013 8:00 AM
- business
About 21 billion forints in credit from the first phase of the National Bank of Hungary’s Funding for Growth Scheme went to the construction industry, and companies tapped a further 48 billion for real estate projects, NBH managing director Márton Nagy said at a meeting of building association EVOSZ on Thursday.
Hungarian Govt To Limit Executive Bonuses At State - Owned Companies
- 12 Dec 2013 8:00 AM
- current affairs
The government on Wednesday asked state-owned company executives to pay back any bonuses above 2 million forints (EUR 6,644) they received this year. Deputy Prime Minister Tibor Navracsics told Wednesday’s cabinet meeting that no bonuses had been paid in the public administration in 2013.
Former Central Banker In Hungary Assesses Economic Outlook
- 12 Dec 2013 8:00 AM
- business
Growth in the countries of Central and Eastern Europe is projected to be around 2-3% this year and next, former central bank governor Péter Ákos Bod said on Wednesday. After several years of shrinking or moderate growth, Hungary will most likely be able to match the growth in Visegrad countries for the first time in 2014, he said.
Hungay's Tabloid Blikk: State Leaders Collect Huge Bonuses
- 11 Dec 2013 8:00 AM
- business
Prime Minister Viktor Orbán has ordered urgent reports from Development Minister Zsuzsanna Németh and Justice Minister Tibor Navracsics ahead of today’s cabinet meeting after the tabloid Blikk revealed the large bonuses paid to leading figures at state-owned companies and in public administration.