The President of the National Bank of Hungary has issued its first decree on the general rules governing the calculation methods of retail loan agreements. Dr Mónika Kapetz in the second article (you can read the first here) of this three-part series looks into the three applicable methods based on which financial institutions are bound to recalculate Forex-based loans.
The President of the National Bank of Hungary has issued its first decree on the general rules governing the calculation method concerning retail loan agreements – informed the legal column of Origo Kovács Réti Szegheő Attorneys at Law. What are the rules pertaining to foreign currency loan agreements, and the main questions that may arise?
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During the continuance of the employment, the employee pursuant to her/his general obligation arising from employment may not behave in a way that would endanger the legitimate economic interests of her/his employer, as well as the employee shall also be bound by an obligation of confidentiality.
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