1,038 result(s) for loan
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
Fidesz: Soros Supports “Unbridled” Illegal Migration
- 12 Oct 2015 9:00 AM
- current affairs
Financier George Soros, in cooperation with international and Hungarian organisations, provides financial support for “unbridled illegal immigration”, an MP of ruling Fidesz told a press conference. Hungary’s Left “still supports immigration despite a national consultation which has clearly demonstrated that Hungarian people want the country to be protected,” István Hollik said.
European Court Says Hungarian Rules On Notaries In Line With EU Law
- 2 Oct 2015 9:00 AM
- current affairs
The European Court of Justice ruled that Hungarian law allowing a notary to affix an enforcement clause to a contract without scrutinising whether the underlying contract contains unfair conditions does not go against European Union law.
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
Fidesz: Soros Supports “Unbridled” Illegal Migration
- 12 Oct 2015 9:00 AM
- current affairs
Financier George Soros, in cooperation with international and Hungarian organisations, provides financial support for “unbridled illegal immigration”, an MP of ruling Fidesz told a press conference. Hungary’s Left “still supports immigration despite a national consultation which has clearly demonstrated that Hungarian people want the country to be protected,” István Hollik said.
European Court Says Hungarian Rules On Notaries In Line With EU Law
- 2 Oct 2015 9:00 AM
- current affairs
The European Court of Justice ruled that Hungarian law allowing a notary to affix an enforcement clause to a contract without scrutinising whether the underlying contract contains unfair conditions does not go against European Union law.
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.