224 result(s) for bank deposit
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.
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.
Acacia Honey Is The Backbone Of The Beekeeping Industry In Hungary
- 15 Apr 2014 9:00 AM
- food & drink
Minister for Rural Development Sándor Fazekas met with beekeepers to discuss development opportunities for the sector. According to beekeepers, acacia honey generates the industry's profits, and if the European Union's proposal to include acacia as an invasive species is adopted, Hungarian producers will go bankrupt.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Elections On April 6 In Hungary - A Description Of The Main Parties
- 27 Mar 2014 10:55 AM
- current affairs
Fidesz–KDNP: This coalition won a two-thirds majority in parliament four years ago. The two parties put themselves under a single roof in 2006 and are keeping it that way in the upcoming elections. FYI: the KDNP is really an extra in this play.
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 ...
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
St. Patrick's Gala Dinner, Le Meridien Budapest, 22 March
- 6 Mar 2014 7:40 AM
- community & culture
Since its inauguration in 2008, one of our signature events has been the St. Patrick's Day Gala dinner. The dinner offers a five-star experience with Irish music, Irish dancing, and specially selected Irish foods and drink.
Socialist Deputy Leader In Hungary Suspends Party Membership
- 5 Feb 2014 8:00 AM
- current affairs
Gábor Simon, deputy leader of the opposition Socialists, has suspended his party membership and all positions held within the party. The move was initiated by the Socialist leadership after daily Magyar Nemzet reported that Simon has undeclared assets held in an Austrian bank account.
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.
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.
Acacia Honey Is The Backbone Of The Beekeeping Industry In Hungary
- 15 Apr 2014 9:00 AM
- food & drink
Minister for Rural Development Sándor Fazekas met with beekeepers to discuss development opportunities for the sector. According to beekeepers, acacia honey generates the industry's profits, and if the European Union's proposal to include acacia as an invasive species is adopted, Hungarian producers will go bankrupt.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Elections On April 6 In Hungary - A Description Of The Main Parties
- 27 Mar 2014 10:55 AM
- current affairs
Fidesz–KDNP: This coalition won a two-thirds majority in parliament four years ago. The two parties put themselves under a single roof in 2006 and are keeping it that way in the upcoming elections. FYI: the KDNP is really an extra in this play.
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 ...
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
St. Patrick's Gala Dinner, Le Meridien Budapest, 22 March
- 6 Mar 2014 7:40 AM
- community & culture
Since its inauguration in 2008, one of our signature events has been the St. Patrick's Day Gala dinner. The dinner offers a five-star experience with Irish music, Irish dancing, and specially selected Irish foods and drink.
Socialist Deputy Leader In Hungary Suspends Party Membership
- 5 Feb 2014 8:00 AM
- current affairs
Gábor Simon, deputy leader of the opposition Socialists, has suspended his party membership and all positions held within the party. The move was initiated by the Socialist leadership after daily Magyar Nemzet reported that Simon has undeclared assets held in an Austrian bank account.


















