122 result(s) for mortgage loan
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
New Wealth Declaration Of Viktor Orbán Available
- 8 Feb 2016 8:00 AM
- current affairs
According to hvg.hu, the bank debt of Prime Minister Viktor Orbán has become less, his real estate assets have not changed and he made a couple of millions of forints from book publishing – the wealth statement said. The 2015 Parliament’s wealth declaration of Orbán is available on his website.
Xpat Opinion: Hungary’s Vanishing Social Welfare System
- 14 Jan 2016 8:00 AM
- community & culture
2015 brought many changes to Hungary’s social welfare system. From March 2015 needy families now receive far less social assistance than before. A number of programs were eliminated. In their place, local governments can offer so-called “settlement assistance”, but who receives how much is now entirely left up to the local governments.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
European Court Says Hungarian Rules On Notaries In Line With EU Law
- 2 Oct 2015 9:00 AM
- current affairs
The European Court of Justice ruled that Hungarian law allowing a notary to affix an enforcement clause to a contract without scrutinising whether the underlying contract contains unfair conditions does not go against European Union law.
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.
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.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
New Wealth Declaration Of Viktor Orbán Available
- 8 Feb 2016 8:00 AM
- current affairs
According to hvg.hu, the bank debt of Prime Minister Viktor Orbán has become less, his real estate assets have not changed and he made a couple of millions of forints from book publishing – the wealth statement said. The 2015 Parliament’s wealth declaration of Orbán is available on his website.
Xpat Opinion: Hungary’s Vanishing Social Welfare System
- 14 Jan 2016 8:00 AM
- community & culture
2015 brought many changes to Hungary’s social welfare system. From March 2015 needy families now receive far less social assistance than before. A number of programs were eliminated. In their place, local governments can offer so-called “settlement assistance”, but who receives how much is now entirely left up to the local governments.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
European Court Says Hungarian Rules On Notaries In Line With EU Law
- 2 Oct 2015 9:00 AM
- current affairs
The European Court of Justice ruled that Hungarian law allowing a notary to affix an enforcement clause to a contract without scrutinising whether the underlying contract contains unfair conditions does not go against European Union law.
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.
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.