115 result(s) for nbh in Business
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Construction Companies Tap Funding For Growth Scheme
- 13 Dec 2013 8:00 AM
- business
About 21 billion forints in credit from the first phase of the National Bank of Hungary’s Funding for Growth Scheme went to the construction industry, and companies tapped a further 48 billion for real estate projects, NBH managing director Márton Nagy said at a meeting of building association EVOSZ on Thursday.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary C.Bank Keeps Rates On Hold Despite Pressure On Local Assets
- 20 Jul 2010 3:00 AM
- business
"While some analysts believed the breakdown of talks between Hungary and an IMF/EU delegation may lead to a rate hike, the central bank’s (NBH) Monetary Council has on Monday decided to keep its base rate on hold at 5.25%, in line with the consensus forecast of analyst.
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Construction Companies Tap Funding For Growth Scheme
- 13 Dec 2013 8:00 AM
- business
About 21 billion forints in credit from the first phase of the National Bank of Hungary’s Funding for Growth Scheme went to the construction industry, and companies tapped a further 48 billion for real estate projects, NBH managing director Márton Nagy said at a meeting of building association EVOSZ on Thursday.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary C.Bank Keeps Rates On Hold Despite Pressure On Local Assets
- 20 Jul 2010 3:00 AM
- business
"While some analysts believed the breakdown of talks between Hungary and an IMF/EU delegation may lead to a rate hike, the central bank’s (NBH) Monetary Council has on Monday decided to keep its base rate on hold at 5.25%, in line with the consensus forecast of analyst.