826 result(s) for banks
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Hungary's Fidesz Caucus Leader Rogán Dismisses Opposition To Ad Tax
- 6 Jun 2014 9:00 AM
- current affairs
Opposition to the planned tax on advertising is similar to the opposition to the bank tax when that was first introduced, Fidesz caucus leader Antal Rogán told reporters on Thursday. Fidesz is initiating that the bill be debated by Parliament on Tuesday and Wednesday.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Storm Uproots Trees, Damages Power Lines Across Hungary
- 15 May 2014 7:00 AM
- community & culture
Trees uprooted by gale-force winds, roads blocked by fallen branches, and disruptions caused by broken power lines have been reported from all over Hungary. A storm alert has been issued for the whole country.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Hungary's Fidesz Caucus Leader Rogán Dismisses Opposition To Ad Tax
- 6 Jun 2014 9:00 AM
- current affairs
Opposition to the planned tax on advertising is similar to the opposition to the bank tax when that was first introduced, Fidesz caucus leader Antal Rogán told reporters on Thursday. Fidesz is initiating that the bill be debated by Parliament on Tuesday and Wednesday.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Storm Uproots Trees, Damages Power Lines Across Hungary
- 15 May 2014 7:00 AM
- community & culture
Trees uprooted by gale-force winds, roads blocked by fallen branches, and disruptions caused by broken power lines have been reported from all over Hungary. A storm alert has been issued for the whole country.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.