753 result(s) for bank in Business
Govt To Cut Payroll Tax 2.5 Pps Next Year
- 22 Sep 2017 8:48 AM
- business
Hungary’s government plans to cut the payroll tax by 2.5 percentage points next year rather than by 2pps in reaction to fast wage growth, Economy Minister Mihály Varga said. Varga noted that the government had agreed with employers and unions late last year to reduce the payroll tax by a further 2 percentage points in 2018 but would widen the cut to 2.5 percentage points if gross wage growth ...
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Hungarian Central Bank Policy Makers Keep Base Rate On Hold But Take ‘Unconventional’ Easing Measures
- 21 Sep 2017 3:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, but took a number of other measures to ease monetary conditions in light of lower than expected inflation.
Local Opinion: New Euro-Criteria By The National Bank
- 18 Sep 2017 8:46 AM
- business
As he National Bank deems that Hungary should approach the European average before joining the Euro-zone, a business analyst believes the new criteria outlines by the issuing bank are two severe.
OTP Offers NFC For All Clients
- 11 Sep 2017 8:58 AM
- business
OTP has opened its near-field communication (NFC) technology mobile phone payment system to all clients who have an account with the bank.
Hungary Inflation Picks Up To 2.6 Pc In August
- 11 Sep 2017 8:46 AM
- business
Consumer prices in Hungary grew by an annual 2.6 percent in August, the Central Statistical Office (KSH) said on Friday. In a month-on-month comparison, prices edged up 0.1 percent from July. Twelve-month CPI picked up from 2.1 percent in July.
980 File For Personal Bankruptcy In Hungary So Far
- 30 Aug 2017 9:00 AM
- business
Hungarians have made 980 filings for personal bankruptcy since the procedure’s introduction in the autumn of 2015. The court has approved 175 of the filings and is still processing another 118, Pál Völner, parliamentary state secretary for justice, said in a written response to a query by an opposition MP posted on the website of parliament.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Govt To Cut Payroll Tax 2.5 Pps Next Year
- 22 Sep 2017 8:48 AM
- business
Hungary’s government plans to cut the payroll tax by 2.5 percentage points next year rather than by 2pps in reaction to fast wage growth, Economy Minister Mihály Varga said. Varga noted that the government had agreed with employers and unions late last year to reduce the payroll tax by a further 2 percentage points in 2018 but would widen the cut to 2.5 percentage points if gross wage growth ...
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Hungarian Central Bank Policy Makers Keep Base Rate On Hold But Take ‘Unconventional’ Easing Measures
- 21 Sep 2017 3:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, but took a number of other measures to ease monetary conditions in light of lower than expected inflation.
Local Opinion: New Euro-Criteria By The National Bank
- 18 Sep 2017 8:46 AM
- business
As he National Bank deems that Hungary should approach the European average before joining the Euro-zone, a business analyst believes the new criteria outlines by the issuing bank are two severe.
OTP Offers NFC For All Clients
- 11 Sep 2017 8:58 AM
- business
OTP has opened its near-field communication (NFC) technology mobile phone payment system to all clients who have an account with the bank.
Hungary Inflation Picks Up To 2.6 Pc In August
- 11 Sep 2017 8:46 AM
- business
Consumer prices in Hungary grew by an annual 2.6 percent in August, the Central Statistical Office (KSH) said on Friday. In a month-on-month comparison, prices edged up 0.1 percent from July. Twelve-month CPI picked up from 2.1 percent in July.
980 File For Personal Bankruptcy In Hungary So Far
- 30 Aug 2017 9:00 AM
- business
Hungarians have made 980 filings for personal bankruptcy since the procedure’s introduction in the autumn of 2015. The court has approved 175 of the filings and is still processing another 118, Pál Völner, parliamentary state secretary for justice, said in a written response to a query by an opposition MP posted on the website of parliament.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.