224 result(s) for bank deposit
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Opinion: Is The Rule Of Law In Danger In Hungary?
- 9 Apr 2013 9:00 AM
- current affairs
As mutual accusations spiral frenetically, left-wing commentators accuse the government of destroying constitutional democracy, while they are being accused by their right-wing counterparts of fuelling foreign criticism of Hungary.
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Government To Tax Foreign Deposits
- 21 Jan 2013 8:00 AM
- business
The cabinet decided to levy a 35% tax retroactively on accounts hidden from authorities in foreign banks, Prime Minister’s Office leader Janos Lazar announced last Thursday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Xpat Opinion: The Fear Of A Credit Crunch In Hungary
- 8 Nov 2012 8:00 AM
- business
A long-time right-wing critic of the government’s economic policy warns that prolonged banking taxes might result in a steep decline in economic output.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Opinion: Is The Rule Of Law In Danger In Hungary?
- 9 Apr 2013 9:00 AM
- current affairs
As mutual accusations spiral frenetically, left-wing commentators accuse the government of destroying constitutional democracy, while they are being accused by their right-wing counterparts of fuelling foreign criticism of Hungary.
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Government To Tax Foreign Deposits
- 21 Jan 2013 8:00 AM
- business
The cabinet decided to levy a 35% tax retroactively on accounts hidden from authorities in foreign banks, Prime Minister’s Office leader Janos Lazar announced last Thursday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Xpat Opinion: The Fear Of A Credit Crunch In Hungary
- 8 Nov 2012 8:00 AM
- business
A long-time right-wing critic of the government’s economic policy warns that prolonged banking taxes might result in a steep decline in economic output.


















