3,301 result(s) for bank
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
BCCH Xmas Party 2015
- 16 Dec 2015 11:00 AM
- Xpatloop
This year’s British Chamber of Commerce in Hungary Christmas Party, held at Old Banking Hall in the British Embassy on 15 December, turned out to be a worthy successor of the one in 2014, rightfully earning a place among the most successful chamber events of the year.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Budapest Fifth District Selling More Properties
- 11 Dec 2015 8:00 AM
- getting around
The Fidesz majority on Fifth District council voted on Thursday to sell 12 downtown properties at below market price to the present tenants. Three of the transactions are sales to OTP bank and another involves Pick Szeged, both companies owned by Sándor Csányi. A three-level unit on Deák tér for which Together councillor Péter Juhász made an offer above the council’s proposed sales price, will be ...
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
BCCH Xmas Party 2015
- 16 Dec 2015 11:00 AM
- Xpatloop
This year’s British Chamber of Commerce in Hungary Christmas Party, held at Old Banking Hall in the British Embassy on 15 December, turned out to be a worthy successor of the one in 2014, rightfully earning a place among the most successful chamber events of the year.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Budapest Fifth District Selling More Properties
- 11 Dec 2015 8:00 AM
- getting around
The Fidesz majority on Fifth District council voted on Thursday to sell 12 downtown properties at below market price to the present tenants. Three of the transactions are sales to OTP bank and another involves Pick Szeged, both companies owned by Sándor Csányi. A three-level unit on Deák tér for which Together councillor Péter Juhász made an offer above the council’s proposed sales price, will be ...