1,203 result(s) for central bank
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.