927 result(s) for loan
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
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 ...
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 ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Suez Sells Stake In Hungary's Dunamenti Erőmű Power Station
- 3 Mar 2014 8:00 AM
- business
GDF Suez has sold its 24.4% minority stake in power station Dunamenti Erõmû to the MET group on February 27, the French company announced on Friday.
Xpat Opinion: Echos Of Ukraine Crisis In Hungarian Media
- 21 Feb 2014 8:00 AM
- current affairs
A pro-government analyst says the EU should beware of violent protesters and work with Russia to establish peace. A liberal commentator finds similarities between Putin’s stance towards Ukraine and the Paks nuclear plant loan. A centrist pundit fears a wave of refugees across the Ukranian-Hungarian border.
Xpat Opinion: “Secrets Revealed”: Memoirs About The Financial Attacks On Hungary
- 20 Feb 2014 10:30 AM
- current affairs
Many opposition politicians, especially before the deal between Orbán and Putin became public, suggested that the coming election should be declared a kind of referendum on the European Union.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
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 ...
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 ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Suez Sells Stake In Hungary's Dunamenti Erőmű Power Station
- 3 Mar 2014 8:00 AM
- business
GDF Suez has sold its 24.4% minority stake in power station Dunamenti Erõmû to the MET group on February 27, the French company announced on Friday.
Xpat Opinion: Echos Of Ukraine Crisis In Hungarian Media
- 21 Feb 2014 8:00 AM
- current affairs
A pro-government analyst says the EU should beware of violent protesters and work with Russia to establish peace. A liberal commentator finds similarities between Putin’s stance towards Ukraine and the Paks nuclear plant loan. A centrist pundit fears a wave of refugees across the Ukranian-Hungarian border.
Xpat Opinion: “Secrets Revealed”: Memoirs About The Financial Attacks On Hungary
- 20 Feb 2014 10:30 AM
- current affairs
Many opposition politicians, especially before the deal between Orbán and Putin became public, suggested that the coming election should be declared a kind of referendum on the European Union.