238 result(s) for banks in Business
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
Hungary’s National Bank Finds Delinquent Banks In Free Withdrawal Probe
- 18 Feb 2014 8:00 AM
- business
The National Bank of Hungary has found in a probe that several banks have unlawfully passed on the cost of mandatory free cash withdrawals to clients, daily Magyar Nemzet said, citing spokesman István Binder.
“Worst Is Over In Hungary”, Says Raiffeisen Chief
- 11 Feb 2014 8:00 AM
- business
Raiffeisen Bank International (RBI) CEO Karl Sevelda said the “worst is over” when asked by Austrian daily Die Presse if he feared more measures against banks by the Hungarian government. “I believe that the worst is over in Hungary.
Situation Of Hungarian Banks Touchy Topic In Austria
- 3 Feb 2014 3:00 AM
- business
The situation of Hungarian banks is a sensitive issue in Austria, Ewald Nowotny, the governor of the country’s central bank, said in an interview in business daily Napi Gazdaság. Speaking about a possible withdrawal of Austrian banks from Hungary, Nowotny said it was in the interest of both sides to avoid taking hasty decisions and to think long term.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
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 ...
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
Hungary’s National Bank Finds Delinquent Banks In Free Withdrawal Probe
- 18 Feb 2014 8:00 AM
- business
The National Bank of Hungary has found in a probe that several banks have unlawfully passed on the cost of mandatory free cash withdrawals to clients, daily Magyar Nemzet said, citing spokesman István Binder.
“Worst Is Over In Hungary”, Says Raiffeisen Chief
- 11 Feb 2014 8:00 AM
- business
Raiffeisen Bank International (RBI) CEO Karl Sevelda said the “worst is over” when asked by Austrian daily Die Presse if he feared more measures against banks by the Hungarian government. “I believe that the worst is over in Hungary.
Situation Of Hungarian Banks Touchy Topic In Austria
- 3 Feb 2014 3:00 AM
- business
The situation of Hungarian banks is a sensitive issue in Austria, Ewald Nowotny, the governor of the country’s central bank, said in an interview in business daily Napi Gazdaság. Speaking about a possible withdrawal of Austrian banks from Hungary, Nowotny said it was in the interest of both sides to avoid taking hasty decisions and to think long term.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
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 ...
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...