155 result(s) for loans in Business
Personal Lending In Hungary At Five-Year Record High
- 5 Aug 2014 4:00 AM
- business
The average amount of personal loans signed over the past few months exceeds one million forints (EUR 3,205) per loan and personal lending has reached a five-year record high, daily Magyar Hírlap said, citing data from Magyar Cetelem Bank.
Capital Raised By HUF 15.4bn At Hungarian Unit Of CIB Bank
- 1 Aug 2014 9:00 AM
- business
Italy’s Intesa Sanpaolo is raising capital at its Hungarian unit, CIB Bank, by 15.4 billion forints (EUR 50m), the lender said on the website of the Budapest Stock Exchange. The raise will take place with the subscription of a single share with a nominal value of 1 forint.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
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 ...
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
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, ...
Personal Lending In Hungary At Five-Year Record High
- 5 Aug 2014 4:00 AM
- business
The average amount of personal loans signed over the past few months exceeds one million forints (EUR 3,205) per loan and personal lending has reached a five-year record high, daily Magyar Hírlap said, citing data from Magyar Cetelem Bank.
Capital Raised By HUF 15.4bn At Hungarian Unit Of CIB Bank
- 1 Aug 2014 9:00 AM
- business
Italy’s Intesa Sanpaolo is raising capital at its Hungarian unit, CIB Bank, by 15.4 billion forints (EUR 50m), the lender said on the website of the Budapest Stock Exchange. The raise will take place with the subscription of a single share with a nominal value of 1 forint.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
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 ...
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
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, ...