3 result(s) for hungarian banking system in Property
Hungary’s Central Bank Mulling Ways To Cheapen Mortgages
- 16 Feb 2017 8:00 AM
- property
Hungary’s central bank will in the future focus on the mortgage market which it sees as sclerotic while its products are too expensive, Márton Nagy, the National Bank of Hungary’s deputy governor, said in an interview to the daily Magyar Hirlap. In the interview published on Thursday, Nagy said the bank wanted to ensure a fast expansion of mortgages in the next few years. “Now a fresh mortgage ...
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.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary’s Central Bank Mulling Ways To Cheapen Mortgages
- 16 Feb 2017 8:00 AM
- property
Hungary’s central bank will in the future focus on the mortgage market which it sees as sclerotic while its products are too expensive, Márton Nagy, the National Bank of Hungary’s deputy governor, said in an interview to the daily Magyar Hirlap. In the interview published on Thursday, Nagy said the bank wanted to ensure a fast expansion of mortgages in the next few years. “Now a fresh mortgage ...
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.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...