82 result(s) for bank system in Business
New Era Must Start In Hungarian Banking System After Settlements
- 22 Sep 2014 9:00 AM
- business
After banks have compensated clients for their unfair practices, a new era must begin in the banking system of Hungary, Minister László Trócsányi said on 16th September.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
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.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
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 ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
New Era Must Start In Hungarian Banking System After Settlements
- 22 Sep 2014 9:00 AM
- business
After banks have compensated clients for their unfair practices, a new era must begin in the banking system of Hungary, Minister László Trócsányi said on 16th September.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
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.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
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 ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.