1,038 result(s) for loan
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Opposition Parties In Hungary Demand More Info On Paks Investment
- 18 Jan 2014 8:00 AM
- current affairs
Hungarian opposition parties on Friday demanded further information on the impact of the planned investment in the Paks nuclear power plant. The main opposition Socialist Party said it was turning to the economy minister with a question about how the plant’s expansion would impact the budget, as well as seeking the opinion of the state debt manager about the deal’s likely long-term effects. ...
Xpat Opinion: Russia To Build Nuclear Power Plant Blocks In Hungary
- 16 Jan 2014 8:00 AM
- current affairs
Pro-government commentators welcome the nuclear deal between Hungary and Russia, and argue that it will serve the Hungarian national interest. Left-wing columnists, on the other hand, criticize the lack of transparency and the increased dependence on the Russian energy infrastructure which the agreement will cause.
European Court Decision On FX Loans Could Be Guideline In Hungary
- 16 Jan 2014 8:00 AM
- property
Hungary’s supreme court, the Kúria, was right in its decision to wait for the European Court of Justice to come up with a position on foreign currencydenominated loans before ruling on the subject, Hungarian Justice Minister Tibor Navracsics told commercial HírTV on Wednesday.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Hungarian Russian Nuclear Energy Deal With Signed In Moscow
- 15 Jan 2014 9:00 AM
- current affairs
Russia will expand Hungary’s nuclear power plant in Paks in a €10-12 billion project under an agreement approved Tuesday by Prime Minister Viktor Orbán and Russian president Vladimir Putin.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Raiffeisen Not To Sell Hungary Unit, Says Bank
- 9 Jan 2014 8:00 AM
- business
Raiffeisen Bank International AG will not sell its Hungarian subsidiary under the current conditions, the bank said Wednesday. The bank said that it had examined the offers received over the past few weeks and decided not to sell the unit.
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Opposition Parties In Hungary Demand More Info On Paks Investment
- 18 Jan 2014 8:00 AM
- current affairs
Hungarian opposition parties on Friday demanded further information on the impact of the planned investment in the Paks nuclear power plant. The main opposition Socialist Party said it was turning to the economy minister with a question about how the plant’s expansion would impact the budget, as well as seeking the opinion of the state debt manager about the deal’s likely long-term effects. ...
Xpat Opinion: Russia To Build Nuclear Power Plant Blocks In Hungary
- 16 Jan 2014 8:00 AM
- current affairs
Pro-government commentators welcome the nuclear deal between Hungary and Russia, and argue that it will serve the Hungarian national interest. Left-wing columnists, on the other hand, criticize the lack of transparency and the increased dependence on the Russian energy infrastructure which the agreement will cause.
European Court Decision On FX Loans Could Be Guideline In Hungary
- 16 Jan 2014 8:00 AM
- property
Hungary’s supreme court, the Kúria, was right in its decision to wait for the European Court of Justice to come up with a position on foreign currencydenominated loans before ruling on the subject, Hungarian Justice Minister Tibor Navracsics told commercial HírTV on Wednesday.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Hungarian Russian Nuclear Energy Deal With Signed In Moscow
- 15 Jan 2014 9:00 AM
- current affairs
Russia will expand Hungary’s nuclear power plant in Paks in a €10-12 billion project under an agreement approved Tuesday by Prime Minister Viktor Orbán and Russian president Vladimir Putin.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Raiffeisen Not To Sell Hungary Unit, Says Bank
- 9 Jan 2014 8:00 AM
- business
Raiffeisen Bank International AG will not sell its Hungarian subsidiary under the current conditions, the bank said Wednesday. The bank said that it had examined the offers received over the past few weeks and decided not to sell the unit.


















