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197 result(s) for bank deposit

Hungary to Decide on Every Price Cap Scheme Two Weeks Before They Expire

Hungary to Decide on Every Price Cap Scheme Two Weeks Before They Expire

Measures aimed at curbing inflation will remain in place until there is a noticeable improvement, Gergely Gulyás, the head of the Prime Minister’s Office told a news briefing, adding that inflation had slowly started to decline and was expected to fall into single digits by the end of the year.
Here's Why Base Rate to Remain High in Hungary at 13%

Here's Why Base Rate to Remain High in Hungary at 13%

Hungarian rate-setters decided to leave the base rate unchanged at 13% at a regular policy meeting on Tuesday.
An Englishwoman's Life in Communist Hungary: Chapter 3, Part 5.

An Englishwoman's Life in Communist Hungary: Chapter 3, Part 5.

  • 3 Jan 2023 12:51 PM
  • community & culture
Marion Merrick’s books are the only first-hand account written by a westerner of what it was like to live and work in communist Hungary, and then in the aftermath of the 1989 change of regime.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Revolut Brings New Service to Hungary

Revolut Brings New Service to Hungary

Fintech firm Revolut is introducing its Revolut Pro service tailored for self-employed freelance clients in Hungary.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Central Bank Keeps Base Rate at 13%

Central Bank Keeps Base Rate at 13%

Hungarian rate-setters left the base rate on hold at 13% at a regular policy meeting. The Council also decided on Tuesday to keep the central bank’s O/N deposit rate at 12.50% and the O/N collateralised loan rate at 25%.
Gov’t Caps Interest Rates for Large Investors in Hungary

Gov’t Caps Interest Rates for Large Investors in Hungary

The interest rates paid by banks on deposits of Ft 20 million or more owned by institutional investors may not exceed the level of the three-month discount T-bill rate, Economic Development Minister Márton Nagy announced.
Hungary to Decide on Every Price Cap Scheme Two Weeks Before They Expire

Hungary to Decide on Every Price Cap Scheme Two Weeks Before They Expire

Measures aimed at curbing inflation will remain in place until there is a noticeable improvement, Gergely Gulyás, the head of the Prime Minister’s Office told a news briefing, adding that inflation had slowly started to decline and was expected to fall into single digits by the end of the year.
Here's Why Base Rate to Remain High in Hungary at 13%

Here's Why Base Rate to Remain High in Hungary at 13%

Hungarian rate-setters decided to leave the base rate unchanged at 13% at a regular policy meeting on Tuesday.
An Englishwoman's Life in Communist Hungary: Chapter 3, Part 5.

An Englishwoman's Life in Communist Hungary: Chapter 3, Part 5.

  • 3 Jan 2023 12:51 PM
  • community & culture
Marion Merrick’s books are the only first-hand account written by a westerner of what it was like to live and work in communist Hungary, and then in the aftermath of the 1989 change of regime.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Revolut Brings New Service to Hungary

Revolut Brings New Service to Hungary

Fintech firm Revolut is introducing its Revolut Pro service tailored for self-employed freelance clients in Hungary.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Central Bank Keeps Base Rate at 13%

Central Bank Keeps Base Rate at 13%

Hungarian rate-setters left the base rate on hold at 13% at a regular policy meeting. The Council also decided on Tuesday to keep the central bank’s O/N deposit rate at 12.50% and the O/N collateralised loan rate at 25%.
Gov’t Caps Interest Rates for Large Investors in Hungary

Gov’t Caps Interest Rates for Large Investors in Hungary

The interest rates paid by banks on deposits of Ft 20 million or more owned by institutional investors may not exceed the level of the three-month discount T-bill rate, Economic Development Minister Márton Nagy announced.