155 result(s) for loans in Business
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
Hungary: EIB Continues To Support Smaller Private Companies With EUR 100 Million
- 10 Oct 2012 9:00 AM
- business
The European Investment Bank (EIB) is providing a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs, midcap companies and public sector promoters in Hungary.
Press Release: Bank Of Georgia Opens Office In Hungary
- 20 Sep 2012 9:00 AM
- business
Bank of Georgia opens its first Representative Office in Hungary on September 19, 2012. The leading Georgian bank, based on total assets (with a 35.7% market share), total loans (35.9%) and client deposits (36.0%) as of 30 June 2012 starts its operation in its new office in Budapest. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance ...
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.
“Bank Of The Poor” In Hungary To Extend First Loans
- 7 Sep 2010 3:00 AM
- business
"Hungary’s “bank of the poor” will issue its first loans this week. Raiffeisen Bank has provided Ft 400 million for the project, through which micro ventures can receive credit between Ft 300,000 and Ft 1 million, without any requirement to offer collateral or prove their income.
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
Hungary: EIB Continues To Support Smaller Private Companies With EUR 100 Million
- 10 Oct 2012 9:00 AM
- business
The European Investment Bank (EIB) is providing a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs, midcap companies and public sector promoters in Hungary.
Press Release: Bank Of Georgia Opens Office In Hungary
- 20 Sep 2012 9:00 AM
- business
Bank of Georgia opens its first Representative Office in Hungary on September 19, 2012. The leading Georgian bank, based on total assets (with a 35.7% market share), total loans (35.9%) and client deposits (36.0%) as of 30 June 2012 starts its operation in its new office in Budapest. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance ...
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.
“Bank Of The Poor” In Hungary To Extend First Loans
- 7 Sep 2010 3:00 AM
- business
"Hungary’s “bank of the poor” will issue its first loans this week. Raiffeisen Bank has provided Ft 400 million for the project, through which micro ventures can receive credit between Ft 300,000 and Ft 1 million, without any requirement to offer collateral or prove their income.