240 result(s) for mortgage
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.
Interview 2: Russell Skidmore, Photographer
- 12 Mar 2014 11:00 AM
1. What’s been happening at work and at home since your first Xpat Interview?
Xpat Opinion: EU Recognizes Hungary's Favourable Growth Forecasts
- 28 Feb 2014 8:00 AM
- current affairs
Commenting on recent statistics, a pro-government economist contends that PM Orbán has been successful in consolidating the Hungarian economy. The leading left-wing daily cites data from the building industry to underpin its view that the government’s policies have mostly failed.
Hungary’s OTP Bank Chief: Early FX Loan Repayment “Most Damaging Measure” Of Past 4 Years
- 28 Apr 2014 9:00 AM
- property
The government’s early repayment scheme for troubled mortgageholders who borrowed in foreign currency was its most damaging measure of the past four years, OTP Bank chief Sándor Csányi told the bank’s AGM on Friday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.
Interview 2: Russell Skidmore, Photographer
- 12 Mar 2014 11:00 AM
1. What’s been happening at work and at home since your first Xpat Interview?
Xpat Opinion: EU Recognizes Hungary's Favourable Growth Forecasts
- 28 Feb 2014 8:00 AM
- current affairs
Commenting on recent statistics, a pro-government economist contends that PM Orbán has been successful in consolidating the Hungarian economy. The leading left-wing daily cites data from the building industry to underpin its view that the government’s policies have mostly failed.