352 result(s) for banking
Banking In Hungary Stable After Brexit
- 4 Jul 2016 9:00 AM
- business
Britain’s vote to leave the European Union has not caused any “extreme events” in Hungary’s banking sector, industry leaders established at consultations with the National Bank of Hungary and representatives of the Economy Ministry.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
Banking In Hungary Stable After Brexit
- 4 Jul 2016 9:00 AM
- business
Britain’s vote to leave the European Union has not caused any “extreme events” in Hungary’s banking sector, industry leaders established at consultations with the National Bank of Hungary and representatives of the Economy Ministry.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...