129 result(s) for banking in Business
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
Open Day @ bpv Jádi Németh Law Firm Budapest, 16 June
- 11 Jun 2015 11:45 AM
- business
bpv Jádi Németh Law Firm Budapest: We cordially invite you for a glass of champagne and delicious finger food & a free personal discussion with our top lawyers:
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
Open Day @ bpv Jádi Németh Law Firm Budapest, 16 June
- 11 Jun 2015 11:45 AM
- business
bpv Jádi Németh Law Firm Budapest: We cordially invite you for a glass of champagne and delicious finger food & a free personal discussion with our top lawyers:
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...