597 result(s) for national bank of hungary
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.
Hungarians Mark National Day With Bread, Fireworks & Lots Of Speeches
- 21 Aug 2014 10:40 AM
- community & culture
The independence of our country is not a gift, but rather an inestimable value for which every nation must struggle”. - President János Áder, 20 August 2014
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
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.
Hungarians Mark National Day With Bread, Fireworks & Lots Of Speeches
- 21 Aug 2014 10:40 AM
- community & culture
The independence of our country is not a gift, but rather an inestimable value for which every nation must struggle”. - President János Áder, 20 August 2014
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...