1,038 result(s) for loan
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Banks File First Reports Challenging Unfairness Of Unilateral Loan Amendment
- 18 Aug 2014 9:00 AM
- business
The Budapest Capital Regional Court has received the first files for legal remedy from banks about the unfairness of unilateral amendment of forex loan contracts, the court’s press department said on Friday.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
European Court To Hear Another Hungarian FX Loan Case
- 12 Aug 2014 9:00 AM
- current affairs
The European Court of Justice is expected to hear another case involving a Hungarian FX loan this autumn with a focus on the role of notaries, daily Magyar Nemzet said. Balázs Lehóczki at the European Court press department said a private individual took out a loan denominated in Swiss francs from Erste Bank in late 2007.
Budapest Mayor & Minister Start Talks On M3 Metro Line Renovation
- 8 Aug 2014 9:00 AM
- getting around
National Development Minister Miklós Seszták and Budapest Mayor István Tarlós have started talks on a planned upgrade of Budapest’s M3 metro line. They reviewed their meeting proposals submitted for improvements in the line’s infrastructure and for the repair or replacement of metro trains.
Hungarian Leasing Companies Hurt By FX Law
- 8 Aug 2014 9:00 AM
- business
The law on foreign-currency loans will shake up the leasing sector, leading to the demise of smaller, mostly local companies, Leasing Association head Gábor Lévai told Napi Gazdaság.
Zsolnay Exhibition Opens In Buda Castle
- 7 Aug 2014 12:55 PM
- community & culture
Unique porcelain objects and ceramic roof tiles produced in the world renowned Zsolnay factory are on display at an exhibition that has opened in the Buda Castle. The exhibition open until the end of the year presents 260 items on loan from a local museum and a private collection in Pécs, south Hungary, the home town of the industrialist-entrepreneur family and their porcelain factory. It also ...
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Banks File First Reports Challenging Unfairness Of Unilateral Loan Amendment
- 18 Aug 2014 9:00 AM
- business
The Budapest Capital Regional Court has received the first files for legal remedy from banks about the unfairness of unilateral amendment of forex loan contracts, the court’s press department said on Friday.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
European Court To Hear Another Hungarian FX Loan Case
- 12 Aug 2014 9:00 AM
- current affairs
The European Court of Justice is expected to hear another case involving a Hungarian FX loan this autumn with a focus on the role of notaries, daily Magyar Nemzet said. Balázs Lehóczki at the European Court press department said a private individual took out a loan denominated in Swiss francs from Erste Bank in late 2007.
Budapest Mayor & Minister Start Talks On M3 Metro Line Renovation
- 8 Aug 2014 9:00 AM
- getting around
National Development Minister Miklós Seszták and Budapest Mayor István Tarlós have started talks on a planned upgrade of Budapest’s M3 metro line. They reviewed their meeting proposals submitted for improvements in the line’s infrastructure and for the repair or replacement of metro trains.
Hungarian Leasing Companies Hurt By FX Law
- 8 Aug 2014 9:00 AM
- business
The law on foreign-currency loans will shake up the leasing sector, leading to the demise of smaller, mostly local companies, Leasing Association head Gábor Lévai told Napi Gazdaság.
Zsolnay Exhibition Opens In Buda Castle
- 7 Aug 2014 12:55 PM
- community & culture
Unique porcelain objects and ceramic roof tiles produced in the world renowned Zsolnay factory are on display at an exhibition that has opened in the Buda Castle. The exhibition open until the end of the year presents 260 items on loan from a local museum and a private collection in Pécs, south Hungary, the home town of the industrialist-entrepreneur family and their porcelain factory. It also ...
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.