129 result(s) for banking in Business
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
Instant Bank Transfer In The Pipeline
- 15 Dec 2016 10:00 AM
- business
The MNB has approved the implementation of instant bank transfer technology, the central bank announced on Wednesday. Instant transfers will be possible around the clock each day of the week for up to Ft 10 million.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
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 ...
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
Instant Bank Transfer In The Pipeline
- 15 Dec 2016 10:00 AM
- business
The MNB has approved the implementation of instant bank transfer technology, the central bank announced on Wednesday. Instant transfers will be possible around the clock each day of the week for up to Ft 10 million.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
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 ...