56 result(s) for currency in Property
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
FX Loan Conversion In Hungary Put Off To Next Year
- 23 Jul 2014 9:00 AM
- property
The government-ordered conversion of foreign-currency loans to forints will take place next year, not by the end of 2014, as previously indicated, Economy Minister Mihály Varga told HVG on Monday.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
FX Loan Conversion In Hungary Put Off To Next Year
- 23 Jul 2014 9:00 AM
- property
The government-ordered conversion of foreign-currency loans to forints will take place next year, not by the end of 2014, as previously indicated, Economy Minister Mihály Varga told HVG on Monday.