357 result(s) for banking
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 ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary Banking Sector Becomes Profitable In 2013
- 25 Feb 2014 8:00 AM
- business
Hungary’s banking sector had combined pre-tax profit of 155.2 billion forints in 2013, helped by higher revenue from commissions and fees as well as one-off items, preliminary data published by the National Bank of Hungary (NBH) on Monday show.
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
“Worst Is Over In Hungary”, Says Raiffeisen Chief
- 11 Feb 2014 8:00 AM
- business
Raiffeisen Bank International (RBI) CEO Karl Sevelda said the “worst is over” when asked by Austrian daily Die Presse if he feared more measures against banks by the Hungarian government. “I believe that the worst is over in Hungary.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
Situation Of Hungarian Banks Touchy Topic In Austria
- 3 Feb 2014 3:00 AM
- business
The situation of Hungarian banks is a sensitive issue in Austria, Ewald Nowotny, the governor of the country’s central bank, said in an interview in business daily Napi Gazdaság. Speaking about a possible withdrawal of Austrian banks from Hungary, Nowotny said it was in the interest of both sides to avoid taking hasty decisions and to think long term.
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.
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 ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary Banking Sector Becomes Profitable In 2013
- 25 Feb 2014 8:00 AM
- business
Hungary’s banking sector had combined pre-tax profit of 155.2 billion forints in 2013, helped by higher revenue from commissions and fees as well as one-off items, preliminary data published by the National Bank of Hungary (NBH) on Monday show.
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
“Worst Is Over In Hungary”, Says Raiffeisen Chief
- 11 Feb 2014 8:00 AM
- business
Raiffeisen Bank International (RBI) CEO Karl Sevelda said the “worst is over” when asked by Austrian daily Die Presse if he feared more measures against banks by the Hungarian government. “I believe that the worst is over in Hungary.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
Situation Of Hungarian Banks Touchy Topic In Austria
- 3 Feb 2014 3:00 AM
- business
The situation of Hungarian banks is a sensitive issue in Austria, Ewald Nowotny, the governor of the country’s central bank, said in an interview in business daily Napi Gazdaság. Speaking about a possible withdrawal of Austrian banks from Hungary, Nowotny said it was in the interest of both sides to avoid taking hasty decisions and to think long term.
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.