43 result(s) for banks in Property
24,200 Homes Offered For Troubled Borrowers In Hungary
- 19 Jan 2015 8:00 AM
- property
More than 24,200 homes have been offered by borrowers for purchase by the state under the government’s NET assistance programme for troubled borrowers by the end of 2014, the National Asset Management Agency (NET) said. Of the homes offered, NET bought 13,927 properties. It refused 1,700 applications, mainly because they did not meet the legal requirements.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
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 Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
FX Bill To Be Passed In Hungary In One Day
- 27 Jun 2014 9:00 AM
- property
Parliament will debate the bill on foreign-currency mortgage borrowers on July 4 and pass it that same day, Fidesz caucus leader Antal Rogán told reporters on Thursday. In addition, courts are asked not to take a summer recess, he said, in order to close cases as soon as possible.
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.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
24,200 Homes Offered For Troubled Borrowers In Hungary
- 19 Jan 2015 8:00 AM
- property
More than 24,200 homes have been offered by borrowers for purchase by the state under the government’s NET assistance programme for troubled borrowers by the end of 2014, the National Asset Management Agency (NET) said. Of the homes offered, NET bought 13,927 properties. It refused 1,700 applications, mainly because they did not meet the legal requirements.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
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 Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
FX Bill To Be Passed In Hungary In One Day
- 27 Jun 2014 9:00 AM
- property
Parliament will debate the bill on foreign-currency mortgage borrowers on July 4 and pass it that same day, Fidesz caucus leader Antal Rogán told reporters on Thursday. In addition, courts are asked not to take a summer recess, he said, in order to close cases as soon as possible.
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.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.