156 result(s) for loan scheme
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
K&H Tapping Almost HUF 130bn Of Cheap Credit In Hungary
- 9 Sep 2014 6:00 AM
- business
K&H Bank has signed contracts with clients for 69 billion forints in cheap credit from the National Bank of Hungary’s Funding for Growth Scheme by the end of August, the company’s chief executive said. Hendrik Scheerlinck said the bank is in the process of lending another 60 billion forints to SMEs from the credit.
DK Accuses Hungarian Govt Of Scheme To Quit EU
- 28 Aug 2014 9:00 AM
- current affairs
An MEP of the leftist Democratic Coalition (DK) has called on the prime minister and the government to drop “preparations to quit the European Union”. Speaking to MTI on Wednesday, Péter Niedermüller, who is also DK’s deputy leader, insisted that Prime Minister Viktor Orbán was using every opportunity to criticise European values, which he interpreted as preparations for a shift “to a different ...
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hungarian Banks Disburse HUF 238.7bn In Funding For Growth Scheme
- 6 Aug 2014 9:00 AM
- business
Up to the end of last week, credit institutions participating in the second phase of the Funding for Growth scheme of the National Bank of Hungary concluded contracts for a total amount of 295.2 billion forints in 9,842 transactions with 7,290 enterprises, up from 223.4 billion forints for 5,834 businesses by the end of June, the central bank said on Tuesday.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
K&H Tapping Almost HUF 130bn Of Cheap Credit In Hungary
- 9 Sep 2014 6:00 AM
- business
K&H Bank has signed contracts with clients for 69 billion forints in cheap credit from the National Bank of Hungary’s Funding for Growth Scheme by the end of August, the company’s chief executive said. Hendrik Scheerlinck said the bank is in the process of lending another 60 billion forints to SMEs from the credit.
DK Accuses Hungarian Govt Of Scheme To Quit EU
- 28 Aug 2014 9:00 AM
- current affairs
An MEP of the leftist Democratic Coalition (DK) has called on the prime minister and the government to drop “preparations to quit the European Union”. Speaking to MTI on Wednesday, Péter Niedermüller, who is also DK’s deputy leader, insisted that Prime Minister Viktor Orbán was using every opportunity to criticise European values, which he interpreted as preparations for a shift “to a different ...
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hungarian Banks Disburse HUF 238.7bn In Funding For Growth Scheme
- 6 Aug 2014 9:00 AM
- business
Up to the end of last week, credit institutions participating in the second phase of the Funding for Growth scheme of the National Bank of Hungary concluded contracts for a total amount of 295.2 billion forints in 9,842 transactions with 7,290 enterprises, up from 223.4 billion forints for 5,834 businesses by the end of June, the central bank said on Tuesday.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...