519 result(s) for bank system
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?
Budapest Cycle Project Sees Two-Month Delay
- 12 Jun 2014 2:40 AM
- getting around
A public cycle rental system in Budapest could be up and running in July after a two-month delay, senior officials told a press conference on Tuesday. BuBi (Budapest Bicycle) should have been inaugurated on April 7 under a contract with a consortium of MOL and T-Systems, Dávid Vitézy, the head of the Budapest Transport Centre (BKK), said.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Mobile Payment And E-Shopping Boom Expected In Hungary
- 19 May 2014 9:00 AM
- tech
Hungary, a leader in international comparison in the number and active use of contactless PayPass™ bank cards, is up for a boom in mobile payments, as the contactless technology can open the way for even more innovative payment solutions. Furthermore, MasterPass™, a new global platform by MasterCard can transform online shopping and make checkout simpler and quicker than ever for customers ...
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?
Budapest Cycle Project Sees Two-Month Delay
- 12 Jun 2014 2:40 AM
- getting around
A public cycle rental system in Budapest could be up and running in July after a two-month delay, senior officials told a press conference on Tuesday. BuBi (Budapest Bicycle) should have been inaugurated on April 7 under a contract with a consortium of MOL and T-Systems, Dávid Vitézy, the head of the Budapest Transport Centre (BKK), said.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Mobile Payment And E-Shopping Boom Expected In Hungary
- 19 May 2014 9:00 AM
- tech
Hungary, a leader in international comparison in the number and active use of contactless PayPass™ bank cards, is up for a boom in mobile payments, as the contactless technology can open the way for even more innovative payment solutions. Furthermore, MasterPass™, a new global platform by MasterCard can transform online shopping and make checkout simpler and quicker than ever for customers ...
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...