79 result(s) for bank rating
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.