519 result(s) for bank system
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
Xpat Opinion: Hungary's Socialist Party's Vice Chairman’s Undeclared Assets Case Still In Focus
- 17 Feb 2014 8:00 AM
- current affairs
A business weekly suggests that the mishandling of public funds in the 18th district of Budapest (in the pre-2010 period) must have given ample opportunity for Socialist luminaries to enrich themselves. A liberal commentator thinks that accusing Fidesz of having an even bigger appetite since then is no answer to the present case in which a leading Socialist politician was caught red handed.
Hungary's Ruling Party Fidesz Prepares To Add To Free Cash Withdrawals
- 30 Jan 2014 8:00 AM
- current affairs
Fidesz will pass a law before the elections on increasing the number of monthly free cash withdrawals unless current talks with banks yield a solution, party spokeswoman Gabriella Selmeczi told reporters on Tuesday.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Police Step Up Protection Of Banks In Budapest
- 15 Jan 2014 9:00 AM
- current affairs
Police have stepped up protection and monitoring of bank security systems in response to Monday morning’s bomb that damaged two adjacent bank branches in the 13th District.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
Xpat Opinion: Hungary's Socialist Party's Vice Chairman’s Undeclared Assets Case Still In Focus
- 17 Feb 2014 8:00 AM
- current affairs
A business weekly suggests that the mishandling of public funds in the 18th district of Budapest (in the pre-2010 period) must have given ample opportunity for Socialist luminaries to enrich themselves. A liberal commentator thinks that accusing Fidesz of having an even bigger appetite since then is no answer to the present case in which a leading Socialist politician was caught red handed.
Hungary's Ruling Party Fidesz Prepares To Add To Free Cash Withdrawals
- 30 Jan 2014 8:00 AM
- current affairs
Fidesz will pass a law before the elections on increasing the number of monthly free cash withdrawals unless current talks with banks yield a solution, party spokeswoman Gabriella Selmeczi told reporters on Tuesday.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Police Step Up Protection Of Banks In Budapest
- 15 Jan 2014 9:00 AM
- current affairs
Police have stepped up protection and monitoring of bank security systems in response to Monday morning’s bomb that damaged two adjacent bank branches in the 13th District.