352 result(s) for banking
Half A Million Bank Accounts Wound Up Since Transaction Tax Introduced
- 24 Mar 2016 8:00 AM
- business
Over 520,000 retail bank accounts have been wound up since the introduction of the transaction tax in 2013, business daily Világgazdaság reported. Citing National Bank of Hungary data, the paper said that there were 9.32 million private individual bank accounts at the end of last year, the lowest number since the bank started tracking this kind of data in 2010.
Former MNB Governor Bod Sees Matolcsy Losing Self-Control
- 16 Mar 2016 8:00 AM
- current affairs
“It would be hard to dispute that MNB governor György Matolcsy has lost his self-control,” former MNB governor Péter Ákos Bod said with regard to the bill on shielding the finances of the MNB’s foundations from public view.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Rothschild Analysis Backs Govt’s Position On Paks
- 12 Jan 2016 3:00 AM
- current affairs
The government’s position on the market viability of the Paks nuclear power station’s expansion has been confirmed in a detailed analysis prepared by the Rothschild banking house, the prime minister’s office said. This can be viewed in full on the project company’s website and the government website on kormany.hu.
Hungarian State Owned MKB Objects To Media Reports
- 28 Dec 2015 9:00 AM
- business
State-owned MKB bank issued an announcement on Wednesday warning media outlets not to disclose bank secrets. Following EU approval on December 16 of the bank’s consolidation plan, MKB leaders have decided “to focus significantly greater attention on action against those in breach of banking confidentiality to comply with the letter and the spirit of the law,” the bank said.
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
BCCH Xmas Party 2015
- 16 Dec 2015 11:00 AM
- Xpatloop
This year’s British Chamber of Commerce in Hungary Christmas Party, held at Old Banking Hall in the British Embassy on 15 December, turned out to be a worthy successor of the one in 2014, rightfully earning a place among the most successful chamber events of the year.
Half A Million Bank Accounts Wound Up Since Transaction Tax Introduced
- 24 Mar 2016 8:00 AM
- business
Over 520,000 retail bank accounts have been wound up since the introduction of the transaction tax in 2013, business daily Világgazdaság reported. Citing National Bank of Hungary data, the paper said that there were 9.32 million private individual bank accounts at the end of last year, the lowest number since the bank started tracking this kind of data in 2010.
Former MNB Governor Bod Sees Matolcsy Losing Self-Control
- 16 Mar 2016 8:00 AM
- current affairs
“It would be hard to dispute that MNB governor György Matolcsy has lost his self-control,” former MNB governor Péter Ákos Bod said with regard to the bill on shielding the finances of the MNB’s foundations from public view.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Rothschild Analysis Backs Govt’s Position On Paks
- 12 Jan 2016 3:00 AM
- current affairs
The government’s position on the market viability of the Paks nuclear power station’s expansion has been confirmed in a detailed analysis prepared by the Rothschild banking house, the prime minister’s office said. This can be viewed in full on the project company’s website and the government website on kormany.hu.
Hungarian State Owned MKB Objects To Media Reports
- 28 Dec 2015 9:00 AM
- business
State-owned MKB bank issued an announcement on Wednesday warning media outlets not to disclose bank secrets. Following EU approval on December 16 of the bank’s consolidation plan, MKB leaders have decided “to focus significantly greater attention on action against those in breach of banking confidentiality to comply with the letter and the spirit of the law,” the bank said.
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
BCCH Xmas Party 2015
- 16 Dec 2015 11:00 AM
- Xpatloop
This year’s British Chamber of Commerce in Hungary Christmas Party, held at Old Banking Hall in the British Embassy on 15 December, turned out to be a worthy successor of the one in 2014, rightfully earning a place among the most successful chamber events of the year.