3,302 result(s) for bank
Morgan Stanley Raises Hungary Growth Forecast To 2.4% In 2014
- 24 Mar 2014 8:00 AM
- business
Morgan Stanley has raised its forecast for Hungarian economic growth to 2.4% in 2014 and 2% in 2015. It upped its forecast from 2.2% and 1.9%, respectively. London-based analysts at Bank of America-Merrill Lynch and Capital Economics forecast a 2.6% and 2.4% economic growth, respectively, for Hungary in 2014.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Own A Camera? Beware Hungary’s New Civil Code
- 20 Mar 2014 9:40 AM
- community & culture
Extensive changes to Hungary’s civil law code came into law on 15 March 2014. Among the many new rules is one making it illegal to capture photographs and video and audio recordings without the permission of the subject. The rule even affects media prepared outside the purposes of published media – anyone with any kind of audio, photograph, or video capturing device should beware Hungary’s new ...
Hungary’s PM Orbán Vows To Continue With Current Policies
- 20 Mar 2014 8:00 AM
- current affairs
Fidesz will continue with its current policies of changing the ownership structure of the bank sector and lowering energy prices, if it stays in power after April 6, Prime Minister Viktor Orbán told a meeting of the Hungarian Chamber of Commerce and Industry yesterday.
Speaker Says Hungary Faced Total Bankruptcy In 2010
- 20 Mar 2014 8:00 AM
- current affairs
In 2010 when Fidesz came to power Hungary faced total bankruptcy and the new government inherited from its predecessor a debt of 500 billion forints (EUR 1.6bn), Speaker of Parliament László Kövér said. The government not only saved the country from economic and financial bankruptcy but put it on a growth course again, the speaker told a press conference in Balkány, in north-east Hungary.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Morgan Stanley Raises Hungary Growth Forecast To 2.4% In 2014
- 24 Mar 2014 8:00 AM
- business
Morgan Stanley has raised its forecast for Hungarian economic growth to 2.4% in 2014 and 2% in 2015. It upped its forecast from 2.2% and 1.9%, respectively. London-based analysts at Bank of America-Merrill Lynch and Capital Economics forecast a 2.6% and 2.4% economic growth, respectively, for Hungary in 2014.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Own A Camera? Beware Hungary’s New Civil Code
- 20 Mar 2014 9:40 AM
- community & culture
Extensive changes to Hungary’s civil law code came into law on 15 March 2014. Among the many new rules is one making it illegal to capture photographs and video and audio recordings without the permission of the subject. The rule even affects media prepared outside the purposes of published media – anyone with any kind of audio, photograph, or video capturing device should beware Hungary’s new ...
Hungary’s PM Orbán Vows To Continue With Current Policies
- 20 Mar 2014 8:00 AM
- current affairs
Fidesz will continue with its current policies of changing the ownership structure of the bank sector and lowering energy prices, if it stays in power after April 6, Prime Minister Viktor Orbán told a meeting of the Hungarian Chamber of Commerce and Industry yesterday.
Speaker Says Hungary Faced Total Bankruptcy In 2010
- 20 Mar 2014 8:00 AM
- current affairs
In 2010 when Fidesz came to power Hungary faced total bankruptcy and the new government inherited from its predecessor a debt of 500 billion forints (EUR 1.6bn), Speaker of Parliament László Kövér said. The government not only saved the country from economic and financial bankruptcy but put it on a growth course again, the speaker told a press conference in Balkány, in north-east Hungary.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...