Keyword: mortgage
Results: 115
Parliament approves assistance measures for FX borrowersThe approved legislation establishes schemes involving exchange rate limits as well as the conversion of loans. | |
| EconomyTuesday, 11:10 March 20., 2012 | Read more |
MNB sells lenders €2.5 bln of euros to support early FX repaymentLenders made €2.489 billion in euro purchases from the MNB as they took advantage of the government scheme to cover early repayment of foreign currency mortgages. | |
| BusinessMonday, 13:05 March 12., 2012 | Read more |
Savings cooperatives gain 13,500 new clientsThe gained retail clients came as the result of an early foreign currency-denominated mortgage scheme. | |
| BusinessFriday, 14:05 March 9., 2012 | Read more |
Savings cooperatives gain 13,500 new clientsThe gained retail clients came as the result of an early foreign currency-denominated mortgage scheme. | |
| BusinessFriday, 14:05 March 9., 2012 | Read more |
FX repayment scheme put OTP in redRisk costs and write-offs from an early foreign currency-denominated mortgage repayment scheme gave OTP Bank a HUF 25.8 billion loss in 2011 Q4. | |
| FinanceFriday, 10:35 March 9., 2012 | Read more |
3,000 call national asset manager foreclosure hotlineAbout 3,000 people have called the National Asset Manager’s (NET) hotline to inquire about participation in a programme for distressed borrowers, NET spokesperson Edit Ternyak told MTI. | |
| LifeThursday, 18:10 January 26., 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 |
Govt offers public sector workers with FX mortgages exchange rate limit, grantPublic sector workers with foreign currency-denominated mortgages will get interest subsidies and a one-off grant, depending on the number of children in their family, if they join an exchange rate limit system, the National Economy Ministry said on Wednesday. | |
| EconomyWednesday, 11:35 January 25., 2012 | Read more |
Govt offers fixed-rate plan to public workers under mortgage aid programHungary’s government aims to help public sector employees struggling to pay off their foreign currency-denominated mortgages with a fixed exchange rate construction, rather than by converting their forex debt into forint loans, daily Magyar Nemzet said on Friday, without citing any sources. | |
| LifeFriday, 09:50 January 20., 2012 | Read more |
Govt to decide on way of helping public employees to repay FX mortgages this weekThe government plans to decide early this week on planned support to help public sector workers to repay their FX mortgages, Government Spokesman Andras Giro-Szasz told the press on Tuesday. | |
| EconomyWednesday, 11:20 January 18., 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 |
Bank-government agreement restoring confidenceAn agreement in December between banks and the government on improving the situation of retail borrowers with foreign currency-denominated loans appears to be restoring confidence, Hungarian Banking Association deputy chairman Daniel Gyuris said at a press conference on Tuesday. | |
| BusinessTuesday, 13:30 January 3., 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 |
FHB expects new agreement with state to clear up matter of illegal state aidMortgage lender FHB on Thursday concluded a new agreement with the state on a capital injection that it expects will clear up any doubts the recapitalisation was not in line with European Union rules, the bank said late Friday. | |
| BusinessMonday, 11:10 December 19., 2011 | Read more |
Bank association chairman says agreement to ease Hungary’s Swiss franc debt problem - ReutersThe conclusion of an agreement between Hungarian banks and the government on a repayment plan for borrowers with foreign-currency-denominated mortgages on Thursday is expected to significantly alleviate Hungary’s Swiss franc debt problem, Hungarian Bank Association Chairman Patai Mihaly told Reuters. | |
| FinanceFriday, 10:30 December 16., 2011 | Read more |
Banks close to agreement with govt, says Napi GazdaságBanks and the government are nearing an agreement on dealing with the problem of foreign currency-denominated lending, business daily Napi Gazdasag said on Wednesday. | |
| FinanceWednesday, 09:40 December 14., 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 |
Banks to inform first borrowers eligible for NET programme after Jan 15Banks will inform the first clients of their eligibility to participate in the National Asset Manager (NET) programme for distressed borrowers after January 15, NET CEO Tamas Csillag said at a press conference on Friday. | |
| LifeFriday, 13:20 December 9., 2011 | Read more |
Hungary home sales jump as borrowers rush to join early FX mortgage repayment schemeThe number of homes sold in Hungary in November rose 25% over the monthly average for the year as borrowers rushed to participate in an early repayment scheme for foreign currency-denominated mortgages at discounted exchange rates, according to real estate broker Duna House. | |
| BusinessThursday, 11:50 December 8., 2011 | Read more |
06:45Hungary govt debt manager plans net forint repayments of HUF 199 bln in June-August
15:30Per-minute tax on phone calls, txt messages to come into effect from July
07:30Gov lowers spending freeze, raises dividend target
07:30Govt does not want to levy any type of central property tax
07:25Negotiations with IMF/EU will be faster than preparations, says chief negotiator
07:05Hungary net financing requirement 1.9% of GDP in Q1
07:00Households' net financing capacity decreased to 5.3% of GDP in Q1
20:10Egis ups guidance
19:45Banking association establishes position on transactions duty for talks with govt
Hungary seeks three-year, €15 bln precautionary financing from IMF/EU
Banking association establishes position on transactions duty for talks with govt
Negotiations with IMF/EU will be faster than preparations, says chief negotiator
Govt does not want to levy any type of central property tax
Per-minute tax on phone calls, txt messages to come into effect from July
Hungary net financing requirement 1.9% of GDP in Q1
Households' net financing capacity decreased to 5.3% of GDP in Q1
Gov lowers spending freeze, raises dividend target
Hungary govt debt manager plans net forint repayments of HUF 199 bln in June-August
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