357 result(s) for banking
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian MPs Propose Locking Interest Rates On Retail Loans For 3 Years
- 5 Nov 2014 8:00 AM
- current affairs
Lawmakers of the ruling Fidesz-KDNP alliance have proposed that banks should be allowed to change interest rates and interest rate margins in retail loan contracts only once every three years, parliamentary group leader Antal Rogán said.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
Hungary: EIB Supports SMEs And Municipalities With EUR 100 Million Channelled Through MFB
- 23 Oct 2014 9:00 AM
- business
The European Investment Bank (EIB) has provided a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs and public sector promoters in Hungary.
Citibank Planning To Leave Hungary
- 15 Oct 2014 9:00 AM
- business
Citibank announced on Tuesday that it will withdraw from the retail banking markets in Hungary and ten other countries around the globe. The sale of these divisions is under way in most of the affected countries and will be completed in 2015 in all of them, the US-based bank group said.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.
New Era Must Start In Hungarian Banking System After Settlements
- 22 Sep 2014 9:00 AM
- business
After banks have compensated clients for their unfair practices, a new era must begin in the banking system of Hungary, Minister László Trócsányi said on 16th September.
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian MPs Propose Locking Interest Rates On Retail Loans For 3 Years
- 5 Nov 2014 8:00 AM
- current affairs
Lawmakers of the ruling Fidesz-KDNP alliance have proposed that banks should be allowed to change interest rates and interest rate margins in retail loan contracts only once every three years, parliamentary group leader Antal Rogán said.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
Hungary: EIB Supports SMEs And Municipalities With EUR 100 Million Channelled Through MFB
- 23 Oct 2014 9:00 AM
- business
The European Investment Bank (EIB) has provided a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs and public sector promoters in Hungary.
Citibank Planning To Leave Hungary
- 15 Oct 2014 9:00 AM
- business
Citibank announced on Tuesday that it will withdraw from the retail banking markets in Hungary and ten other countries around the globe. The sale of these divisions is under way in most of the affected countries and will be completed in 2015 in all of them, the US-based bank group said.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.
New Era Must Start In Hungarian Banking System After Settlements
- 22 Sep 2014 9:00 AM
- business
After banks have compensated clients for their unfair practices, a new era must begin in the banking system of Hungary, Minister László Trócsányi said on 16th September.