826 result(s) for banks
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:
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.
Hungarian Emigrants In Major European Cities 4/4 - London
- 17 Oct 2014 9:00 AM
- current affairs
In the fourth, closing part of the series we look at Hungarians who live in London. Living in the city on the banks of the Thames River, I really have the impression that, outside of Budapest, London is the biggest Hungarian city.
Constitutional Court To Continue Hearing Contract Defense Case Referrals Soon
- 15 Oct 2014 9:00 AM
- current affairs
Hungary’s Constitutional Court started hearing cases on Tuesday on unilateral changes to loan contracts referred by lower courts, but took no decision on the matter, Constitutional Court’s general secretary, Botond Bitskey, said. The court will continue discussing the cases soon, he said. The Constitutional Court has 90 days to pass a decision in the cases, that is, it has to arrive to a decision ...
Hungarian Banks Disburse Huf 330bn In Loans
- 9 Oct 2014 9:00 AM
- business
Banks disbursed 330.1 billion forints (EUR 1.06bn) of loans by Oct. 3 to small and medium-size enterprises (SMEs) in the second phase of the central bank’s scheme to boost lending for for growth. Contracts signed under phase II totalled 402.7 billion forints.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.
Bank Tax In Hungary To Remain In Place Next Year
- 1 Oct 2014 9:00 AM
- business
Conversion from forex debt into forint loans, planned for the first quarter or first half of next year, will concern only residential and free-purpose forex household mortgage loans, while the special bank tax will remain intact next year, Gábor Orbán, state secretary at the economy ministry, told participants of a Reuters conference on CEE investments in Budapest.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Hungarian Parliament Passes Debt Relief Act
- 26 Sep 2014 1:00 AM
- business
Parliament passed the Debt Relief Act yesterday requiring banks to return millions of forints to forex- and forint-loan debtors for losses arising from unilateral contract modifications and currency margin disparities.
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:
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.
Hungarian Emigrants In Major European Cities 4/4 - London
- 17 Oct 2014 9:00 AM
- current affairs
In the fourth, closing part of the series we look at Hungarians who live in London. Living in the city on the banks of the Thames River, I really have the impression that, outside of Budapest, London is the biggest Hungarian city.
Constitutional Court To Continue Hearing Contract Defense Case Referrals Soon
- 15 Oct 2014 9:00 AM
- current affairs
Hungary’s Constitutional Court started hearing cases on Tuesday on unilateral changes to loan contracts referred by lower courts, but took no decision on the matter, Constitutional Court’s general secretary, Botond Bitskey, said. The court will continue discussing the cases soon, he said. The Constitutional Court has 90 days to pass a decision in the cases, that is, it has to arrive to a decision ...
Hungarian Banks Disburse Huf 330bn In Loans
- 9 Oct 2014 9:00 AM
- business
Banks disbursed 330.1 billion forints (EUR 1.06bn) of loans by Oct. 3 to small and medium-size enterprises (SMEs) in the second phase of the central bank’s scheme to boost lending for for growth. Contracts signed under phase II totalled 402.7 billion forints.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.
Bank Tax In Hungary To Remain In Place Next Year
- 1 Oct 2014 9:00 AM
- business
Conversion from forex debt into forint loans, planned for the first quarter or first half of next year, will concern only residential and free-purpose forex household mortgage loans, while the special bank tax will remain intact next year, Gábor Orbán, state secretary at the economy ministry, told participants of a Reuters conference on CEE investments in Budapest.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Hungarian Parliament Passes Debt Relief Act
- 26 Sep 2014 1:00 AM
- business
Parliament passed the Debt Relief Act yesterday requiring banks to return millions of forints to forex- and forint-loan debtors for losses arising from unilateral contract modifications and currency margin disparities.