91 result(s) for borrowers
Xpat Opinion: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Hungary’s PM Orbán Dismisses Speculation Over Fidesz Stability
- 29 Dec 2014 8:00 AM
- current affairs
In a pre-holiday interview to public television, Prime Minister Viktor Orbán played down speculation over disagreements between politicians of the ruling Fidesz party, saying that he did not believe they were serious and politics were not about personal differences but about the country and its people. He said there may be generational differences within the party.
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
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 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 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: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Hungary’s PM Orbán Dismisses Speculation Over Fidesz Stability
- 29 Dec 2014 8:00 AM
- current affairs
In a pre-holiday interview to public television, Prime Minister Viktor Orbán played down speculation over disagreements between politicians of the ruling Fidesz party, saying that he did not believe they were serious and politics were not about personal differences but about the country and its people. He said there may be generational differences within the party.
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
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 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 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.