152 result(s) for banking sector
Official: Govt Has No Plans To Squeeze Out Foreign Retail Chains
- 9 Oct 2017 8:58 AM
- business
Commissioner for trade policy Kristóf Szatmáry dismissed the suggestion that the government plans to squeeze out foreign food retailers from the market. In an interview to daily Magyar Idők, he responded to a report suggesting that after the 2018 elections, the government wants to shrink the ownership slice of food retailers held by foreign multinationals, just as they have done in the media as ...
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
Orbán Voices Reservations About Guest-Worker Scheme
- 1 Mar 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said at an event organised by the Hungarian Chamber of Commerce and Industry that he did not support the idea of tackling Hungary’s shortage of skilled workers by adopting a guest-worker scheme. He said he had reservations about any kind of scheme to employ guest workers.
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.
Book Sector Looks For State Help
- 18 Jan 2017 7:40 AM
- current affairs
The government should step in to help the retail book market ahead of the potential collapse of bookstore chain Alexandra, a leading publisher said yesterday.
Budapest Named One Of Europe’s Top 10 Tech Cities
- 20 Dec 2016 9:36 AM
- tech
Budapest has placed seventh on a list of Europe’s largest technology clusters compiled by leading real estate advisor CB Richard Ellis. The survey looked at 35 cities in all, each of which had at least 40,000 employees working in technology companies.
Official: Govt Has No Plans To Squeeze Out Foreign Retail Chains
- 9 Oct 2017 8:58 AM
- business
Commissioner for trade policy Kristóf Szatmáry dismissed the suggestion that the government plans to squeeze out foreign food retailers from the market. In an interview to daily Magyar Idők, he responded to a report suggesting that after the 2018 elections, the government wants to shrink the ownership slice of food retailers held by foreign multinationals, just as they have done in the media as ...
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
Orbán Voices Reservations About Guest-Worker Scheme
- 1 Mar 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said at an event organised by the Hungarian Chamber of Commerce and Industry that he did not support the idea of tackling Hungary’s shortage of skilled workers by adopting a guest-worker scheme. He said he had reservations about any kind of scheme to employ guest workers.
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.
Book Sector Looks For State Help
- 18 Jan 2017 7:40 AM
- current affairs
The government should step in to help the retail book market ahead of the potential collapse of bookstore chain Alexandra, a leading publisher said yesterday.
Budapest Named One Of Europe’s Top 10 Tech Cities
- 20 Dec 2016 9:36 AM
- tech
Budapest has placed seventh on a list of Europe’s largest technology clusters compiled by leading real estate advisor CB Richard Ellis. The survey looked at 35 cities in all, each of which had at least 40,000 employees working in technology companies.