158 result(s) for loan scheme
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.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.
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.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.