3,302 result(s) for bank
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Almost 3.5 Million - Buyers In Hungary
- 1 Jul 2014 9:00 AM
- shopping
In Hungary, the number of people buying goods online reached 3.4 million in 2014. This number equals 72% of regular adult internet users. It is primarily information technology devices, books, toys / gifts, and clothes that are thrown into virtual baskets. Most people still use desktop computers for online purchases, but some now shop with their mobile phones and tablets according to the latest ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
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.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Almost 3.5 Million - Buyers In Hungary
- 1 Jul 2014 9:00 AM
- shopping
In Hungary, the number of people buying goods online reached 3.4 million in 2014. This number equals 72% of regular adult internet users. It is primarily information technology devices, books, toys / gifts, and clothes that are thrown into virtual baskets. Most people still use desktop computers for online purchases, but some now shop with their mobile phones and tablets according to the latest ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
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.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.