3,302 result(s) for bank
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Navracsics Looks To Resolve FX Mortgages In Hungary
- 20 Nov 2013 8:00 AM
- current affairs
Administration and Justice Minister Tibor Navracsics met with leading judicial figures yesterday to discuss the legal uncertainty surrounding mortgages denominated in foreign currencies. The meeting was arranged after Prime Minister Viktor Orbán called for a speedy decision by the Kúria, the nation’s supreme court, in the wake of conflicting lower court rulings in lawsuits brought by borrowers ...
Xpat Opinion: Hungary’s PM Just Announced His Government’s Motto: Glory To God Alone
- 18 Nov 2013 12:00 AM
- current affairs
We all know about Viktor Orbán’s infatuation with the spiritual in the last few years. Maybe I just don’t remember properly, but I can’t recall much piety in his speeches during his first premiership between 1998 and 2002. Today, by contrast, his speeches are teeming with Biblical quotations and Latin religious phrases. And his generosity toward the “established” churches, especially the Catholic ...
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Charge-Free Cash Withdrawal Enacted In Hungary
- 14 Nov 2013 10:50 AM
- business
Over the past one year, the costs of banking services have increased significantly and in order to decrease them the National Assembly today adopted an amendment which stipulates the free withdrawal of cash. The amendment on the cutting of financial service fees aims to secure as part of consumer rights the charge-free access to cash withdrawal for up to HUF 150 000 as another measure for easing ...
Hungarians Keep Savings In Piggy Banks
- 14 Nov 2013 10:45 AM
- business
An average Hungarian can save approximately 15,000 HUF each month, one in ten cannot save at all, and 29 per cent keep their money at home under the pillow or in their piggy banks.
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Navracsics Looks To Resolve FX Mortgages In Hungary
- 20 Nov 2013 8:00 AM
- current affairs
Administration and Justice Minister Tibor Navracsics met with leading judicial figures yesterday to discuss the legal uncertainty surrounding mortgages denominated in foreign currencies. The meeting was arranged after Prime Minister Viktor Orbán called for a speedy decision by the Kúria, the nation’s supreme court, in the wake of conflicting lower court rulings in lawsuits brought by borrowers ...
Xpat Opinion: Hungary’s PM Just Announced His Government’s Motto: Glory To God Alone
- 18 Nov 2013 12:00 AM
- current affairs
We all know about Viktor Orbán’s infatuation with the spiritual in the last few years. Maybe I just don’t remember properly, but I can’t recall much piety in his speeches during his first premiership between 1998 and 2002. Today, by contrast, his speeches are teeming with Biblical quotations and Latin religious phrases. And his generosity toward the “established” churches, especially the Catholic ...
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Charge-Free Cash Withdrawal Enacted In Hungary
- 14 Nov 2013 10:50 AM
- business
Over the past one year, the costs of banking services have increased significantly and in order to decrease them the National Assembly today adopted an amendment which stipulates the free withdrawal of cash. The amendment on the cutting of financial service fees aims to secure as part of consumer rights the charge-free access to cash withdrawal for up to HUF 150 000 as another measure for easing ...
Hungarians Keep Savings In Piggy Banks
- 14 Nov 2013 10:45 AM
- business
An average Hungarian can save approximately 15,000 HUF each month, one in ten cannot save at all, and 29 per cent keep their money at home under the pillow or in their piggy banks.
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.