238 result(s) for banks in Business
Hungarian Development Bank Becomes Financial Services Centre
- 24 Sep 2014 9:00 AM
- business
The government plans to transform the Hungarian Development Bank (MFB) into a financial services centre in future, state secretary Zsuzsanna Németh said on Tuesday. Speaking at a conference organised by business daily Napi Gazdaság, Németh said the bank’s portfolio would change and that complex financial solutions would be crafted for capital, credit and guarantee products.
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.
Budapest Court Rules Against Budapest Bank
- 19 Sep 2014 9:00 AM
- business
The Municipal Court of Budapest rejected Budapest Bank’s defence of its unilateral changes to borrowers’ contracts in an appealable ruling, saying that the changes did not satisfy stipulated requirements, particularly with regard to transparency and balance.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Bill Bans Banks From Raising Fees
- 15 Sep 2014 9:00 AM
- business
Fidesz has submitted a bill to Parliament that will ban banks from unilaterally raising interest rates, costs or fees, caucus leader Antal Rogán told reporters on Friday after the party MPs held their season-opening meeting in Tapolca.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungarian State Wins First FX Loan Trial
- 25 Aug 2014 9:00 AM
- business
The Capital Court has ruled in favour of the state against savings co-operative Kéthely és Vidéke in the first court decision since Parliament passed a law to help foreign-currency borrowers in July.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungarian Development Bank Becomes Financial Services Centre
- 24 Sep 2014 9:00 AM
- business
The government plans to transform the Hungarian Development Bank (MFB) into a financial services centre in future, state secretary Zsuzsanna Németh said on Tuesday. Speaking at a conference organised by business daily Napi Gazdaság, Németh said the bank’s portfolio would change and that complex financial solutions would be crafted for capital, credit and guarantee products.
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.
Budapest Court Rules Against Budapest Bank
- 19 Sep 2014 9:00 AM
- business
The Municipal Court of Budapest rejected Budapest Bank’s defence of its unilateral changes to borrowers’ contracts in an appealable ruling, saying that the changes did not satisfy stipulated requirements, particularly with regard to transparency and balance.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Bill Bans Banks From Raising Fees
- 15 Sep 2014 9:00 AM
- business
Fidesz has submitted a bill to Parliament that will ban banks from unilaterally raising interest rates, costs or fees, caucus leader Antal Rogán told reporters on Friday after the party MPs held their season-opening meeting in Tapolca.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungarian State Wins First FX Loan Trial
- 25 Aug 2014 9:00 AM
- business
The Capital Court has ruled in favour of the state against savings co-operative Kéthely és Vidéke in the first court decision since Parliament passed a law to help foreign-currency borrowers in July.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.