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13 result(s) for digital development in Finance

Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
Agreement on Frozen EU Funds for Hungary Expected Before End of November

Agreement on Frozen EU Funds for Hungary Expected Before End of November

Tibor Navracsics, the regional development minister, told a conference on Tuesday that he trusted the government, before the end of next month, would be able to reach a definite agreement with the European Commission to unfreeze Hungary’s funds.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
Hungary Submits Plan For Tapping EU's Recovery Fund

Hungary Submits Plan For Tapping EU's Recovery Fund

The government on Tuesday submitted Hungary’s plan for utilising the European Union’s Recovery and Resilience Facility (RRF) which covers more than 2,500 billion forints (EUR 7bn) worth of strategic development projects over the next six years, the state secretary in charge of EU developments said.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Apple Co-Founder Wozniak @ Budapest Conference With Free Entry, October 30

Apple Co-Founder Wozniak @ Budapest Conference With Free Entry, October 30

At the invitation of CIB Bank and its parent company Intesa Sanpaolo, Apple co-founder Steve Wozniak will come to Budapest on October 30, speaking at the Novathon 2019 conference alongside other major international players in financial innovation.
Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
Agreement on Frozen EU Funds for Hungary Expected Before End of November

Agreement on Frozen EU Funds for Hungary Expected Before End of November

Tibor Navracsics, the regional development minister, told a conference on Tuesday that he trusted the government, before the end of next month, would be able to reach a definite agreement with the European Commission to unfreeze Hungary’s funds.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
Hungary Submits Plan For Tapping EU's Recovery Fund

Hungary Submits Plan For Tapping EU's Recovery Fund

The government on Tuesday submitted Hungary’s plan for utilising the European Union’s Recovery and Resilience Facility (RRF) which covers more than 2,500 billion forints (EUR 7bn) worth of strategic development projects over the next six years, the state secretary in charge of EU developments said.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Apple Co-Founder Wozniak @ Budapest Conference With Free Entry, October 30

Apple Co-Founder Wozniak @ Budapest Conference With Free Entry, October 30

At the invitation of CIB Bank and its parent company Intesa Sanpaolo, Apple co-founder Steve Wozniak will come to Budapest on October 30, speaking at the Novathon 2019 conference alongside other major international players in financial innovation.