927 result(s) for loan
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
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.
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Budapest’s Ludwig Museum Celebrates 25 Years Of Existence
- 20 Nov 2014 1:30 AM
- community & culture
The Ludwig Museum and Gallery of Contemporary Art opened an exhibition presenting 80 works of 60 contemporary artists on Thursday to celebrate its 25-year existence.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
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.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
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.
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Budapest’s Ludwig Museum Celebrates 25 Years Of Existence
- 20 Nov 2014 1:30 AM
- community & culture
The Ludwig Museum and Gallery of Contemporary Art opened an exhibition presenting 80 works of 60 contemporary artists on Thursday to celebrate its 25-year existence.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
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.