212 result(s) for banks in Current Affairs
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
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.
Xpat Opinion: America Wants Policy Change In Hungary
- 27 Oct 2014 8:00 AM
- current affairs
Commentators across the political spectrum agree that the United States wants Hungary to reverse the political course it has been following for the past few years. All place the recent American entry ban imposed on six Hungarian personalities suspected of corruption in this context. But they disagree on who is right and who is wrong in this dispute.
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:
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.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
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.
Xpat Opinion: America Wants Policy Change In Hungary
- 27 Oct 2014 8:00 AM
- current affairs
Commentators across the political spectrum agree that the United States wants Hungary to reverse the political course it has been following for the past few years. All place the recent American entry ban imposed on six Hungarian personalities suspected of corruption in this context. But they disagree on who is right and who is wrong in this dispute.
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:
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.