192 result(s) for erste
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Consumer Confidence In Hungary Worsens
- 24 Mar 2015 3:00 AM
- current affairs
GKI-Erste’s combined gauge of consumer and business confidence edged down to -3.6 points in March from -3.2 points in February as consumer expectations worsened. Whereas the business index rose to 4.2 points from 3.5 points, the consumer index fell to -25.8 points from -22.4 points.
Invitation: All Nations Lions Club Gala, Italian Institute Of Culture In Budapest, 5 March
- 4 Mar 2015 10:30 AM
- community & culture
The ANLC Gala will take place on Thursday, 5th March, 2015, 7.00 pm in the Italian Institute of Culture, Bródy Sándor utca 8, 1088 Budapest. The program (motto "Dance throughout the world") will include dancing groups that will present dances from across the world - from Argentin tango to American Line Dance and Chinese dances... ...and many more.
Consumer, Business Confidence Down Slightly In Hungary In Feb
- 23 Feb 2015 4:00 AM
- business
GKI - Erste’s combined gauge of consumer and business confidence fell to minus 3.2 points in February from 2.9 points in January as consumer expectations improved a little, but business expectations slightly worsened.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Consumer Confidence In Hungary Worsens
- 24 Mar 2015 3:00 AM
- current affairs
GKI-Erste’s combined gauge of consumer and business confidence edged down to -3.6 points in March from -3.2 points in February as consumer expectations worsened. Whereas the business index rose to 4.2 points from 3.5 points, the consumer index fell to -25.8 points from -22.4 points.
Invitation: All Nations Lions Club Gala, Italian Institute Of Culture In Budapest, 5 March
- 4 Mar 2015 10:30 AM
- community & culture
The ANLC Gala will take place on Thursday, 5th March, 2015, 7.00 pm in the Italian Institute of Culture, Bródy Sándor utca 8, 1088 Budapest. The program (motto "Dance throughout the world") will include dancing groups that will present dances from across the world - from Argentin tango to American Line Dance and Chinese dances... ...and many more.
Consumer, Business Confidence Down Slightly In Hungary In Feb
- 23 Feb 2015 4:00 AM
- business
GKI - Erste’s combined gauge of consumer and business confidence fell to minus 3.2 points in February from 2.9 points in January as consumer expectations improved a little, but business expectations slightly worsened.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.