203 result(s) for lending
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Óbuda Island, Home Of Sziget Festival Was Saved
- 20 Jun 2013 9:00 AM
- getting around
Many of our colleagues, volunteers, organizations and paid workers have helped Sziget Cultural Management to save the Óbudai Island from the flood!
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Óbuda Island, Home Of Sziget Festival Was Saved
- 20 Jun 2013 9:00 AM
- getting around
Many of our colleagues, volunteers, organizations and paid workers have helped Sziget Cultural Management to save the Óbudai Island from the flood!