101 result(s) for loan in Property
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Employers Can Contribute To Employee Home Loans In Hungary
- 3 Apr 2014 9:00 AM
- property
Employers will be allowed to contribute a tax-exempt 5 million forints (EUR 16,200) over five years to paying off their employees’ home loans, under a decree signed by Economy Minister Mihály Varga on Wednesday.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
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 ...
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
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: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Employers Can Contribute To Employee Home Loans In Hungary
- 3 Apr 2014 9:00 AM
- property
Employers will be allowed to contribute a tax-exempt 5 million forints (EUR 16,200) over five years to paying off their employees’ home loans, under a decree signed by Economy Minister Mihály Varga on Wednesday.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
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 ...
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
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: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.