Keyword: early repayment scheme
Results: 26
FHB Mortgage Bank to pay no dividend on loss-making 2011FHB had a loss of HUF 1.85 billion last year. | |
| FinanceWednesday, 13:15 April 25., 2012 | Read more |
Forint liquidity of banks rose slightly in MarchThe rise came after closure of early repayment scheme. | |
| FinanceThursday, 14:45 April 12., 2012 | Read more |
Hungary international reserves drop €128 mln in MarchEnd-of-March reserves were down €3.132 billion from the end of December 2011 and dropped €1.05 billion from a year earlier. | |
| EconomyFriday, 11:10 April 6., 2012 | Read more |
Parent bank books €392 mln loss at MKB in 2011MKB parent BayernLB blames early repayment scheme for the loss. | |
| FinanceFriday, 15:45 March 30., 2012 | Read more |
CIB Group books HUF 37.3 bln loss for 2011The loss was caused by the early repayment scheme, the bank levy, the weak forint and a deteriorating external economic environment. | |
| FinanceThursday, 16:25 March 29., 2012 | Read more |
Early FX repayment scheme boosts value of new retail loansThe value of new retail loans Hungarian banks signed in December rose sharply compared to previous months as borrowers availed of an early repayment scheme for foreign currency-denominated mortgages, fresh monthly data published by the National Bank of Hungary on Friday show. | |
| EconomyTuesday, 13:35 January 31., 2012 | Read more |
Deadline for proof of payment in early FX repayment scheme passes without rushThe deadline, on Monday, for borrowers registered to participate in an foreign currency-denominated mortgage repayment scheme to prove their ability to make the repayments did not produce a flood of activity at Hungarian banks. | |
| EconomyTuesday, 11:10 January 31., 2012 | Read more |
One-third of HUF loans to cover FX repayments come from savings cooperativesHungary’s savings cooperatives have provided about one-third of the forint loans Hungarian borrowers are using to participate in an early foreign currency-based mortgage repayment scheme, the National Association of Savings Cooperatives (OTSZ) said on Thursday. | |
| FinanceThursday, 14:55 January 26., 2012 | Read more |
UPDATE - Over 94,000 borrowers repay FX mortgages in first three months of schemeFresh data published by financial market regulator PSZAF show that 94,337 borrowers availed of an early forex mortgage repayment scheme at discounted exchange rates between September 29, when the scheme was launched, and the end of December, the deadline for declaring intent to participate. | |
| FinanceThursday, 15:25 January 5., 2012 | Read more |
More than 94,000 borrowers repay FX mortgages in first three months of schemeFresh data published by financial market regulator PSZAF show that 94,337 borrowers availed of an early forex mortgage repayment scheme at discounted exchange rates between September 29, when the scheme was launched, and the end of December, the deadline for declaring intent to participate. | |
| FinanceThursday, 13:20 January 5., 2012 | Read more |
PSZAF spokesman puts participation in early repayment at 15-20%The percentage of FX borrowers participating in the government’s early repayment scheme is expected to be 15-20% based on preliminary figures, Istvan Binder, spokesman for the Hungarian Financial Supervisory Authority (PSZAF), said in a television programme early on Thursday. | |
| EconomyThursday, 11:50 January 5., 2012 | Read more |
120,000 borrowers seen paying off mortgage under govt schemeAbout 120,000 people will elect by the December 30 deadline to participate in the government’s plan allowing borrowers to fully repay their foreign-currency-denominated mortgages at a preferential exchange rate, business daily Vilaggazdasag estimated on Thursday, based on data collected from six major banks. | |
| FinanceThursday, 11:10 December 22., 2011 | Read more |
Banks cover about 46% of early FX repayments from central bank euro tendersLenders used euros purchased from the National Bank of Hungary to cover about 46% of early repayments of foreign currency-denominated mortgages in the first two months of a government scheme, fresh data from the central bank show. | |
| FinanceMonday, 11:25 December 12., 2011 | Read more |
Bank levy, early repayment eat into bank profitsAlthough some banks have managed to remain profitable, all those operating in Hungary had a tough year in 2011: the extraordinary levy the government imposed, coupled with the negative effects of the early repayment scheme, has caused significant losses. | |
| FinanceMonday, 07:25 December 12., 2011 | Read more |
End to bank levy, early repayment would boost lending, bank chiefs sayThe Hungarian government should quickly scrap or sharply reduce the bank levy and wind up an early foreign currency-denominated mortgage repayment scheme to avoid a credit crunch, Hungarian bank chiefs said at a National Bank of Hungary (MNB) conference on Thursday. | |
| FinanceThursday, 20:25 December 8., 2011 | Read more |
More than 54,500 borrowers repay FX mortgages in first two months of schemeFresh data published by financial market regulator PSZAF show that 54,563 borrowers availed of an early forex mortgage repayment scheme at discounted exchange rates between September 29, when the scheme was launched, and the end of November. | |
| FinanceTuesday, 11:40 December 6., 2011 | Read more |
Govt proposal would make employer support for FX repayment scheme tax-freeMoney paid by employers to employees that supports their participation in an early forex mortgage repayment scheme could be made tax free up to HUF 7.5m per worker under a proposal before Parliament on Monday, spokeswoman for governing Fidesz Gabriella Selmeczi said on Thursday. | |
| EconomyThursday, 15:25 November 24., 2011 | Read more |
Brussels gives Hungary deadline to respond to bank concerns over FX scheme - wireThe European Commission has given Hungary a ten-week deadline to respond to concerns by banks over a government scheme that allows full early repayment of foreign currency-denominated mortgages at discounted rates, a spokesman for Commissioner responsible for internal market and services Michel Barnier said in Brussels on Monday, the Austrian Press Agency (APA) reported. | |
| PoliticsMonday, 15:55 November 21., 2011 | Read more |
Gov’t early fx-mortgage repayment scheme to cost OTP Bank HUF 40bn this yearOTP Bank will sustain around HUF 40bn in losses this year as a result of the government’s early repayment scheme for foreign-currency home loans, OTP Deputy CEO Laszlo Bencsik announced on Friday. | |
| BusinessFriday, 11:25 November 18., 2011 | Read more |
Banks cover almost 40% of early FX repayments from central bank euro tendersFresh data published by the National Bank of Hungary on Monday show Hungarian banks used euros purchased from the central bank to cover about 39% of early repayments of foreign currency-denominated loans under a government scheme in October. | |
| FinanceMonday, 13:05 November 14., 2011 | Read more |
20:10Egis ups guidance
19:45Banking association establishes position on transactions duty for talks with govt
19:25Hungary seeks three-year, €15 bln precautionary financing from IMF/EU
12:25Nabucco consortium executive body to discuss MOL stand on pipeline
12:05Weaker HUF, EUR sales to mortgage repayments give MNB extra HUF 13.6 bln
11:35MOL considers joining BP pipeline project
16:55Hungary CPI picks up to 5.7% in April
16:45EC forecast puts Hungary deficit under 3% threshold in 2012, 2013
EC forecast puts Hungary deficit under 3% threshold in 2012, 2013
A sector waiting to be recognized
Govt breaks promise made in agreement with new tax, Banking Association says
Hungary exports drop, imports down slightly yr/yr in March
Hungary debt insurance costs surge on Greece worries
Hungarian insurers to pay no bank levy from 2013, ministry confirms
EU conformity of telephone tax questionable, Mattheisen says
Hungary CPI picks up to 5.7% in April
Government introduces tax bills
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