200 result(s) for interest rate cap
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.
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:
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
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.
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:
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.