406 result(s) for banking
Hungary's Sovereignty Must Be Protected, Prime Minister Says
- 8 Dec 2014 8:00 AM
- current affairs
National sovereignty consists of energy, financial and trade independence, Prime Minister Orbán pointed out in Kossuth Radio’s morning interview, adding he regards Senator McCain’s recent claims as “extremist”. Viktor Orbán also noted Hungary’s national sovereignty is far more important than dealing with such statements.
State Of Hungary To Purchase Budapest Bank From General Electric
- 5 Dec 2014 8:00 AM
- business
The process is expected to be finalized by the end of the first half of 2015, Minister for National Economy Mihály Varga said at an extraordinary press conference in Budapest.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
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's Sovereignty Must Be Protected, Prime Minister Says
- 8 Dec 2014 8:00 AM
- current affairs
National sovereignty consists of energy, financial and trade independence, Prime Minister Orbán pointed out in Kossuth Radio’s morning interview, adding he regards Senator McCain’s recent claims as “extremist”. Viktor Orbán also noted Hungary’s national sovereignty is far more important than dealing with such statements.
State Of Hungary To Purchase Budapest Bank From General Electric
- 5 Dec 2014 8:00 AM
- business
The process is expected to be finalized by the end of the first half of 2015, Minister for National Economy Mihály Varga said at an extraordinary press conference in Budapest.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
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.