249 result(s) for otp bank
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.
Hungary Returned To Hungarians, Says Orbán
- 27 Mar 2014 3:00 AM
- current affairs
Hungary has been returned to the Hungarians, the prime minister said on Wednesday, evaluating the performance of his government in the past four years. Speaking on public television, Viktor Orbán listed among major achievements the adoption of the new constitution, “saving the country from an economic and financial collapse” and an overall reform of the health-care, education, economy, ...
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 ...
21st Century Museums Promised In Budapest's City Park
- 4 Mar 2014 8:00 AM
- community & culture
New museums planned to be built as part of the Liget Budapest project in the City Park are expected to contribute 21st-century features to the city’s architecture, but will also treat the city’s historical heritage with respect, Minister for Human Resources Zoltán Balog says. Six museums will be set up in five buildings, including the New National Gallery and Ludwig Museum of Contemporary Art, ...
Rahimkulov Invests In Hungary's BTel
- 13 Feb 2014 8:00 AM
- business
Skillinvest, a firm linked to OTP investor Megdet Rahimkulov, has injected Ft 500 million into BTel, raising its stake in the telecoms company to 7.5%. Skillinvest, founded in 2013, has not yet filed financial reports with the company registry. Its leaders are Judit Bankó, Josif Vasser and Timur Rahimkulov, son of former Gazprom representative Megdet Rahimkulov.
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
Hungary's OTP Acquires BPC In Croatia
- 4 Feb 2014 8:00 AM
- business
OTP has signed an agreement to buy Banco Popolare’s Croatian subsidiary (BPC) for HRK107 million, (Ft 4.4 billion) the bank announced on Friday. BPC’s market share is only 0.6% overall, but is over 2% for consumer loans. The bank has 54,000 clients, 30 branches and 30 ATMs.
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.
Quarter Of Hungary Debt In Hands Of European Banks
- 19 Dec 2013 3:00 AM
- business
Just over 25 percent of Hungary’s debt, amounting to 18.489 billion euros, is in the hands of European banks, business daily Napi Gazdaság said. Of 64 banks assessed by the European Banking Authority, 33 held varying amounts of Hungarian bonds at the end of June.
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.
Hungary Returned To Hungarians, Says Orbán
- 27 Mar 2014 3:00 AM
- current affairs
Hungary has been returned to the Hungarians, the prime minister said on Wednesday, evaluating the performance of his government in the past four years. Speaking on public television, Viktor Orbán listed among major achievements the adoption of the new constitution, “saving the country from an economic and financial collapse” and an overall reform of the health-care, education, economy, ...
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 ...
21st Century Museums Promised In Budapest's City Park
- 4 Mar 2014 8:00 AM
- community & culture
New museums planned to be built as part of the Liget Budapest project in the City Park are expected to contribute 21st-century features to the city’s architecture, but will also treat the city’s historical heritage with respect, Minister for Human Resources Zoltán Balog says. Six museums will be set up in five buildings, including the New National Gallery and Ludwig Museum of Contemporary Art, ...
Rahimkulov Invests In Hungary's BTel
- 13 Feb 2014 8:00 AM
- business
Skillinvest, a firm linked to OTP investor Megdet Rahimkulov, has injected Ft 500 million into BTel, raising its stake in the telecoms company to 7.5%. Skillinvest, founded in 2013, has not yet filed financial reports with the company registry. Its leaders are Judit Bankó, Josif Vasser and Timur Rahimkulov, son of former Gazprom representative Megdet Rahimkulov.
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
Hungary's OTP Acquires BPC In Croatia
- 4 Feb 2014 8:00 AM
- business
OTP has signed an agreement to buy Banco Popolare’s Croatian subsidiary (BPC) for HRK107 million, (Ft 4.4 billion) the bank announced on Friday. BPC’s market share is only 0.6% overall, but is over 2% for consumer loans. The bank has 54,000 clients, 30 branches and 30 ATMs.
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.
Quarter Of Hungary Debt In Hands Of European Banks
- 19 Dec 2013 3:00 AM
- business
Just over 25 percent of Hungary’s debt, amounting to 18.489 billion euros, is in the hands of European banks, business daily Napi Gazdaság said. Of 64 banks assessed by the European Banking Authority, 33 held varying amounts of Hungarian bonds at the end of June.