154 result(s) for loans in Business
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungarian State Wins First FX Loan Trial
- 25 Aug 2014 9:00 AM
- business
The Capital Court has ruled in favour of the state against savings co-operative Kéthely és Vidéke in the first court decision since Parliament passed a law to help foreign-currency borrowers in July.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
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.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Hungarian Leasing Companies Hurt By FX Law
- 8 Aug 2014 9:00 AM
- business
The law on foreign-currency loans will shake up the leasing sector, leading to the demise of smaller, mostly local companies, Leasing Association head Gábor Lévai told Napi Gazdaság.
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.
Hungary's Forint Falls To 30-Month Low
- 6 Aug 2014 9:00 AM
- business
The forint declined to a 30-month low of 316 per euro on Tuesday afternoon after temporarily strengthening in the morning.
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.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungarian State Wins First FX Loan Trial
- 25 Aug 2014 9:00 AM
- business
The Capital Court has ruled in favour of the state against savings co-operative Kéthely és Vidéke in the first court decision since Parliament passed a law to help foreign-currency borrowers in July.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
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.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Hungarian Leasing Companies Hurt By FX Law
- 8 Aug 2014 9:00 AM
- business
The law on foreign-currency loans will shake up the leasing sector, leading to the demise of smaller, mostly local companies, Leasing Association head Gábor Lévai told Napi Gazdaság.
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.
Hungary's Forint Falls To 30-Month Low
- 6 Aug 2014 9:00 AM
- business
The forint declined to a 30-month low of 316 per euro on Tuesday afternoon after temporarily strengthening in the morning.
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.