56 result(s) for currency in Property
Hungary’s Forint Conversion Of FX Loans Expected In 2015
- 21 Jul 2014 5:00 AM
- property
The conversion of foreign currencydenominated loans into forints is expected to take place in 2015, Economy Minister Mihály Varga said in an interview published on the website of weekly HVG. Legislation on the conversion is expected to be submitted to parliament at the end of November or early December, and the relevant laws should be passed before the end of the year, Varga told hvg.hu.
FX Bill To Be Passed In Hungary In One Day
- 27 Jun 2014 9:00 AM
- property
Parliament will debate the bill on foreign-currency mortgage borrowers on July 4 and pass it that same day, Fidesz caucus leader Antal Rogán told reporters on Thursday. In addition, courts are asked not to take a summer recess, he said, in order to close cases as soon as possible.
Xploring Budapest Landmarks: The Károlyi Palace
- 23 Jun 2014 9:00 AM
- property
In 1928, the capital bought the building – located at 1053 Budapest, Károlyi Mihály utca 16. - for 5 million pengős (the Hungarian currency until 1946) as a worthy place to house the collection of the Budapest Picture Gallery. The private palace was turned into a public building and stripped of everything that was thought not to be in keeping with this: its textile hangings, chandeliers, ...
Hungary’s Ministry Of Justice Examining Curia’s Foreign Exchange Loans Decision
- 19 Jun 2014 9:00 AM
- property
The Justice Ministry is analysing legislative possibilities in light of the Supreme Court’s legal uniformity ruling on foreign exchange (FX) loans, Minister of Justice László Trócsányi said on 18 June 2014.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
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’s Forint Conversion Of FX Loans Expected In 2015
- 21 Jul 2014 5:00 AM
- property
The conversion of foreign currencydenominated loans into forints is expected to take place in 2015, Economy Minister Mihály Varga said in an interview published on the website of weekly HVG. Legislation on the conversion is expected to be submitted to parliament at the end of November or early December, and the relevant laws should be passed before the end of the year, Varga told hvg.hu.
FX Bill To Be Passed In Hungary In One Day
- 27 Jun 2014 9:00 AM
- property
Parliament will debate the bill on foreign-currency mortgage borrowers on July 4 and pass it that same day, Fidesz caucus leader Antal Rogán told reporters on Thursday. In addition, courts are asked not to take a summer recess, he said, in order to close cases as soon as possible.
Xploring Budapest Landmarks: The Károlyi Palace
- 23 Jun 2014 9:00 AM
- property
In 1928, the capital bought the building – located at 1053 Budapest, Károlyi Mihály utca 16. - for 5 million pengős (the Hungarian currency until 1946) as a worthy place to house the collection of the Budapest Picture Gallery. The private palace was turned into a public building and stripped of everything that was thought not to be in keeping with this: its textile hangings, chandeliers, ...
Hungary’s Ministry Of Justice Examining Curia’s Foreign Exchange Loans Decision
- 19 Jun 2014 9:00 AM
- property
The Justice Ministry is analysing legislative possibilities in light of the Supreme Court’s legal uniformity ruling on foreign exchange (FX) loans, Minister of Justice László Trócsányi said on 18 June 2014.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
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.