167 result(s) for banking sector
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...
Hungary’s New Government Faces Growth Challenges - Analysts
- 10 Apr 2014 10:40 AM
- current affairs
Hungary’s re-elected Fidesz government faces structural and growth challenges and will need to patch up its frayed relations with business and banks to boost the economy, London-based emerging markets economists said on Monday.
Hungarian Voters Rejected Hatred Says PM After Election Win
- 10 Apr 2014 10:35 AM
- current affairs
Fidesz has been given a clear mandate to continue its work, Prime Minister Viktor Orbán told an international press conference on Monday. He stated that voters had rejected hatred and leaving the European Union and said yes to the new public administration system, new economic policies and governance by a people's party.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s PM Orbán Vows To Continue With Current Policies
- 20 Mar 2014 8:00 AM
- current affairs
Fidesz will continue with its current policies of changing the ownership structure of the bank sector and lowering energy prices, if it stays in power after April 6, Prime Minister Viktor Orbán told a meeting of the Hungarian Chamber of Commerce and Industry yesterday.
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.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...
Hungary’s New Government Faces Growth Challenges - Analysts
- 10 Apr 2014 10:40 AM
- current affairs
Hungary’s re-elected Fidesz government faces structural and growth challenges and will need to patch up its frayed relations with business and banks to boost the economy, London-based emerging markets economists said on Monday.
Hungarian Voters Rejected Hatred Says PM After Election Win
- 10 Apr 2014 10:35 AM
- current affairs
Fidesz has been given a clear mandate to continue its work, Prime Minister Viktor Orbán told an international press conference on Monday. He stated that voters had rejected hatred and leaving the European Union and said yes to the new public administration system, new economic policies and governance by a people's party.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s PM Orbán Vows To Continue With Current Policies
- 20 Mar 2014 8:00 AM
- current affairs
Fidesz will continue with its current policies of changing the ownership structure of the bank sector and lowering energy prices, if it stays in power after April 6, Prime Minister Viktor Orbán told a meeting of the Hungarian Chamber of Commerce and Industry yesterday.
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.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...