269 result(s) for commercial bank
Hungarian National Football Team To Keep Dárdai As Captain
- 14 Dec 2014 8:00 AM
- sport
Pál Dárdai’s commission as the coach of the Hungarian national football team is to be lengthened until 30 November 2015 after his club, the German Hertha BSC, let him off until European Championship qualifiers come to an end, the Hungarian Football Federation (MLSZ) announced at an out-of-schedule press conference.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian Development Bank Becomes Financial Services Centre
- 24 Sep 2014 9:00 AM
- business
The government plans to transform the Hungarian Development Bank (MFB) into a financial services centre in future, state secretary Zsuzsanna Németh said on Tuesday. Speaking at a conference organised by business daily Napi Gazdaság, Németh said the bank’s portfolio would change and that complex financial solutions would be crafted for capital, credit and guarantee products.
HUF 1.8 BN Invested In Curd, Yoghurt Business By Sole-Mizo
- 16 Sep 2014 9:00 AM
- business
Hungarian dairy company Sole- Mizo is investing 1.8 billion forints (EUR 5.7m) in its cottage cheese and yoghurt business. COO István Herczeg said the investment would reduce waste and boost output of cottage cheese from a weekly 50- 60 tonnes to 80-100 tonnes.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Hungarian National Football Team To Keep Dárdai As Captain
- 14 Dec 2014 8:00 AM
- sport
Pál Dárdai’s commission as the coach of the Hungarian national football team is to be lengthened until 30 November 2015 after his club, the German Hertha BSC, let him off until European Championship qualifiers come to an end, the Hungarian Football Federation (MLSZ) announced at an out-of-schedule press conference.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian Development Bank Becomes Financial Services Centre
- 24 Sep 2014 9:00 AM
- business
The government plans to transform the Hungarian Development Bank (MFB) into a financial services centre in future, state secretary Zsuzsanna Németh said on Tuesday. Speaking at a conference organised by business daily Napi Gazdaság, Németh said the bank’s portfolio would change and that complex financial solutions would be crafted for capital, credit and guarantee products.
HUF 1.8 BN Invested In Curd, Yoghurt Business By Sole-Mizo
- 16 Sep 2014 9:00 AM
- business
Hungarian dairy company Sole- Mizo is investing 1.8 billion forints (EUR 5.7m) in its cottage cheese and yoghurt business. COO István Herczeg said the investment would reduce waste and boost output of cottage cheese from a weekly 50- 60 tonnes to 80-100 tonnes.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.