3,302 result(s) for bank
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Mortgage Loans Getting Cheap In Hungary
- 26 Nov 2013 8:00 AM
- property
The cost of a forint mortgage loan is now the same as the cost of a Swiss franc mortgage was in 2006, due to the recent fall in interest rates, website Bankmonitor found.
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Hungary, China Banks Double Credit Line, Sign To Set Up C-Europe Fund
- 26 Nov 2013 3:00 AM
- business
The Hungarian and the Chinese Eximbanks agreed to double a 100-million-euro interbank credit line and signed the deeds to set up a 500-million-dollar investment fund, the Chinese Central and Eastern European Investment Fund, a government press office said.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Hungary’s PM Remains Committed To Single Digit Personal Income Tax
- 23 Nov 2013 4:00 AM
- current affairs
Hungary’s flat-rate personal income tax can hopefully be reduced from the current level of 16 percent to single digits within three years, Prime Minister Viktor Orbán said at a business forum organised by the Japan Business Federation (Keidanred) and the Hungarian Investment and Trade Agency (HITA) in Japan on Friday.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Mortgage Loans Getting Cheap In Hungary
- 26 Nov 2013 8:00 AM
- property
The cost of a forint mortgage loan is now the same as the cost of a Swiss franc mortgage was in 2006, due to the recent fall in interest rates, website Bankmonitor found.
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Hungary, China Banks Double Credit Line, Sign To Set Up C-Europe Fund
- 26 Nov 2013 3:00 AM
- business
The Hungarian and the Chinese Eximbanks agreed to double a 100-million-euro interbank credit line and signed the deeds to set up a 500-million-dollar investment fund, the Chinese Central and Eastern European Investment Fund, a government press office said.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Hungary’s PM Remains Committed To Single Digit Personal Income Tax
- 23 Nov 2013 4:00 AM
- current affairs
Hungary’s flat-rate personal income tax can hopefully be reduced from the current level of 16 percent to single digits within three years, Prime Minister Viktor Orbán said at a business forum organised by the Japan Business Federation (Keidanred) and the Hungarian Investment and Trade Agency (HITA) in Japan on Friday.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...