93 result(s) for borrowers
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.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
All Hungary’s Fidesz Has To Fear Is Itself - Commentators Török & G. Fodor Agree
- 24 Oct 2014 8:00 AM
- current affairs
Now that Hungarian voters have been called to the polls for the third time this year (for parliamentary, European Parliament and municipality elections), Heti Válasz has asked two political scientists to evaluate the outcome of weekend's election and offer a forecast. Gábor Török and Gábor G. Fodor agree that PM Viktor Orbán will forge ahead with a reformer's zeal while former PM Ferenc Gyurcsány ...
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 ...
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.
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.
Budapest Court Rules Against Budapest Bank
- 19 Sep 2014 9:00 AM
- business
The Municipal Court of Budapest rejected Budapest Bank’s defence of its unilateral changes to borrowers’ contracts in an appealable ruling, saying that the changes did not satisfy stipulated requirements, particularly with regard to transparency and balance.
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.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
All Hungary’s Fidesz Has To Fear Is Itself - Commentators Török & G. Fodor Agree
- 24 Oct 2014 8:00 AM
- current affairs
Now that Hungarian voters have been called to the polls for the third time this year (for parliamentary, European Parliament and municipality elections), Heti Válasz has asked two political scientists to evaluate the outcome of weekend's election and offer a forecast. Gábor Török and Gábor G. Fodor agree that PM Viktor Orbán will forge ahead with a reformer's zeal while former PM Ferenc Gyurcsány ...
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 ...
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.
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.
Budapest Court Rules Against Budapest Bank
- 19 Sep 2014 9:00 AM
- business
The Municipal Court of Budapest rejected Budapest Bank’s defence of its unilateral changes to borrowers’ contracts in an appealable ruling, saying that the changes did not satisfy stipulated requirements, particularly with regard to transparency and balance.