33 result(s) for banking system in Business
B&N Completes Acquisition of German Koberl
- 25 Feb 2025 5:47 AM
- http://www.hatc.hu
- business
B&N Referencia has successfully completed the acquisition of the German Koberl Group, the Hungarian building maintenance company said.
Why Revolut US Being Urged to Set Up Local Unit in Hungary by National Bank
- 18 Oct 2024 8:27 AM
- http://www.hatc.hu
- business
The MNB has again urged fintech company Revolut to establish a subsidiary in Hungary, which would allow its clients’ savings to be covered by the National Deposit Insurance Fund (OBA).
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.
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.
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.
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.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
B&N Completes Acquisition of German Koberl
- 25 Feb 2025 5:47 AM
- http://www.hatc.hu
- business
B&N Referencia has successfully completed the acquisition of the German Koberl Group, the Hungarian building maintenance company said.
Why Revolut US Being Urged to Set Up Local Unit in Hungary by National Bank
- 18 Oct 2024 8:27 AM
- http://www.hatc.hu
- business
The MNB has again urged fintech company Revolut to establish a subsidiary in Hungary, which would allow its clients’ savings to be covered by the National Deposit Insurance Fund (OBA).
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.
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.
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.
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.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.