485 result(s) for loans
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Hungarian Forint Eases On “Polish Contagion”
- 9 Jul 2015 9:00 AM
- business
The forint was trading at 317.71 to the euro late Wednesday on the interbank forex market, down from 316.91 late Tuesday. At 317.23 to the euro early Wednesday, the forint moved between 316.51 and 318.08, after a fifth more than five-month low within a week at 318.32 on Tuesday evening.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Hungarian Forint Eases On “Polish Contagion”
- 9 Jul 2015 9:00 AM
- business
The forint was trading at 317.71 to the euro late Wednesday on the interbank forex market, down from 316.91 late Tuesday. At 317.23 to the euro early Wednesday, the forint moved between 316.51 and 318.08, after a fifth more than five-month low within a week at 318.32 on Tuesday evening.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.