238 result(s) for banks in Business
Hungary’s Economy Minister: Govt Won’t Reduce Other Sectoral Taxes
- 11 Feb 2015 8:00 AM
- business
Hungary’s government plans no reductions to sectoral taxes for the time being, Economy Minister Mihály Varga told public television and radio. Economic growth and maintaining stability are a top priority, but this does not exclude the option of including others sectors in special tax schemes, Varga said.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Lázár: Hungary’s Govt In Talks With Erste, Raiffeisen
- 19 Dec 2014 8:00 AM
- business
Hungary’s government is in talks with Austria’s Erste Bank and Raiffeisen Bank on forming a strategic partnership and expanding the state’s portfolio of banks, cabinet chief János Lázár said in an interview published in weekly Figyelő. “Erste has strategic goals in Hungary.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Raiffeisen, Erste Confirm Talks With Hungarian Govt
- 19 Dec 2014 8:00 AM
- business
Spokesmen for Austria’s Erste Group and Raiffeisen Bank International confirmed that the lenders are in talks with the Hungarian government, though Raiffeisen stressed that for the time being there were no “negotiations”. An official from Raiffeisen Bank International said the sides had established contact, but this was far from negotiations or taking decisions.
Hungary’s Economy Minister: Govt Won’t Reduce Other Sectoral Taxes
- 11 Feb 2015 8:00 AM
- business
Hungary’s government plans no reductions to sectoral taxes for the time being, Economy Minister Mihály Varga told public television and radio. Economic growth and maintaining stability are a top priority, but this does not exclude the option of including others sectors in special tax schemes, Varga said.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Lázár: Hungary’s Govt In Talks With Erste, Raiffeisen
- 19 Dec 2014 8:00 AM
- business
Hungary’s government is in talks with Austria’s Erste Bank and Raiffeisen Bank on forming a strategic partnership and expanding the state’s portfolio of banks, cabinet chief János Lázár said in an interview published in weekly Figyelő. “Erste has strategic goals in Hungary.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Raiffeisen, Erste Confirm Talks With Hungarian Govt
- 19 Dec 2014 8:00 AM
- business
Spokesmen for Austria’s Erste Group and Raiffeisen Bank International confirmed that the lenders are in talks with the Hungarian government, though Raiffeisen stressed that for the time being there were no “negotiations”. An official from Raiffeisen Bank International said the sides had established contact, but this was far from negotiations or taking decisions.