1,203 result(s) for central bank
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Third Of Hungarians Spend Savings On Christmas Gifts, Survey Reveals
- 10 Dec 2015 8:00 AM
- shopping
Technical devices are still the most popular Christmas gifts in Hungary, economic news portal vg.hu said in its latest market roundup. According to a recent survey conducted by K&H Bank, Hungarians spend 43 thousand forints (approx. €140) on average during Christmas shopping season, including 29 thousand forints spent on gifts and presents.
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Third Of Hungarians Spend Savings On Christmas Gifts, Survey Reveals
- 10 Dec 2015 8:00 AM
- shopping
Technical devices are still the most popular Christmas gifts in Hungary, economic news portal vg.hu said in its latest market roundup. According to a recent survey conducted by K&H Bank, Hungarians spend 43 thousand forints (approx. €140) on average during Christmas shopping season, including 29 thousand forints spent on gifts and presents.
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...