240 result(s) for mortgage
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
City Predicts Robust Growth This Year And Next In Hungary
- 9 Sep 2014 9:00 AM
- business
Hungary’s economy is set to enjoy robust growth rates this year and in 2015 before a marked slowdown is likely to set in, London-based emerging markets economists said. Given a much stronger first half than anticipated, “it is easy to see” Hungary growing by 3.5% this year against Morgan Stanley’s previous forecast of 2.9%, the report says.
Budapest Court Postpones Decision On FHB Bank Loan Contract Case
- 3 Sep 2014 9:00 AM
- current affairs
The Budapest Municipal Court postponed a ruling on FHB Kereskedelmi Bank’s loan contracts until September 17 at a hearing on Tuesday. The court also rejected the bank’s request to suspend the case and turn to the Constitutional Court and the European Court of Justice on the matter.
Socialists May Have To Move Out Of Budapest HQ
- 1 Sep 2014 9:00 AM
- current affairs
The Socialist Party could move out of its present headquarters in Budapest’s Sixth District within six weeks, Népszabadság surmised on Saturday. Repaying the Swiss franc mortgage on the building is reportedly too big a load and the party apparatus is now too small for such a large office building.
Hungarian Parliament ’s Autumn Session To Start On Sept 15
- 27 Aug 2014 9:00 AM
- current affairs
The autumn session of the Hungarian parliament is set to start on Sept. 15 and lawmakers will have a weekly schedule until December, Fidesz lawmaker Gergely Gulyás told daily Magyar Nemzet. Weekly sessions are needed because of the great volume of legislation, he said.
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.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
New Home Sales In Hungary At Three-Year High
- 23 Jul 2014 9:00 AM
- property
Sales of new homes in Budapest reached a three-year high in the first half at 1,020, mortgage bank OTP Jelzálogbank reports. The 11th District led the way with over 200 new homes sold. Overall, 1,500 new homes are on the market.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
City Predicts Robust Growth This Year And Next In Hungary
- 9 Sep 2014 9:00 AM
- business
Hungary’s economy is set to enjoy robust growth rates this year and in 2015 before a marked slowdown is likely to set in, London-based emerging markets economists said. Given a much stronger first half than anticipated, “it is easy to see” Hungary growing by 3.5% this year against Morgan Stanley’s previous forecast of 2.9%, the report says.
Budapest Court Postpones Decision On FHB Bank Loan Contract Case
- 3 Sep 2014 9:00 AM
- current affairs
The Budapest Municipal Court postponed a ruling on FHB Kereskedelmi Bank’s loan contracts until September 17 at a hearing on Tuesday. The court also rejected the bank’s request to suspend the case and turn to the Constitutional Court and the European Court of Justice on the matter.
Socialists May Have To Move Out Of Budapest HQ
- 1 Sep 2014 9:00 AM
- current affairs
The Socialist Party could move out of its present headquarters in Budapest’s Sixth District within six weeks, Népszabadság surmised on Saturday. Repaying the Swiss franc mortgage on the building is reportedly too big a load and the party apparatus is now too small for such a large office building.
Hungarian Parliament ’s Autumn Session To Start On Sept 15
- 27 Aug 2014 9:00 AM
- current affairs
The autumn session of the Hungarian parliament is set to start on Sept. 15 and lawmakers will have a weekly schedule until December, Fidesz lawmaker Gergely Gulyás told daily Magyar Nemzet. Weekly sessions are needed because of the great volume of legislation, he said.
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.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
New Home Sales In Hungary At Three-Year High
- 23 Jul 2014 9:00 AM
- property
Sales of new homes in Budapest reached a three-year high in the first half at 1,020, mortgage bank OTP Jelzálogbank reports. The 11th District led the way with over 200 new homes sold. Overall, 1,500 new homes are on the market.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”

















