293 result(s) for commercial bank
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.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
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.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.