203 result(s) for erste
Business Confidence Improves, Consumer Sentiment Declines
- 25 Aug 2014 5:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in August as consumer sentiment soured. The index slipped to minus 4.1 points in August from minus 3.9 points in July.
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
European Court To Hear Another Hungarian FX Loan Case
- 12 Aug 2014 9:00 AM
- current affairs
The European Court of Justice is expected to hear another case involving a Hungarian FX loan this autumn with a focus on the role of notaries, daily Magyar Nemzet said. Balázs Lehóczki at the European Court press department said a private individual took out a loan denominated in Swiss francs from Erste Bank in late 2007.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
In Hungary Business Confidence Declines, Consumer Sentiment Improves
- 21 Jul 2014 5:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence fell in July because of worsening expectations among companies. The index slipped 1.0 point to -3.9, GKI said. While the consumer index rose to -18.9 in July from -19.3 a month earlier, the business index dropped to 1.4 from 5.4.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Ministry: Hungary’s GDP Growth Could Reach 2.9% This Year
- 16 May 2014 9:00 AM
- business
Hungary’s GDP growth could exceed the 2.3% projection in the updated Convergence Programme this year by 0.3-0.6 percentage point, the Economy Ministry said after the better-thanexpected first-quarter GDP data had been published on Thursday morning. Hungary’s GDP grew by an unadjusted 3.5% and a calendaradjusted 3.4% year-on-year in Q1, the Central Statistical Office said.
Business Confidence Improves, Consumer Sentiment Declines
- 25 Aug 2014 5:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in August as consumer sentiment soured. The index slipped to minus 4.1 points in August from minus 3.9 points in July.
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
European Court To Hear Another Hungarian FX Loan Case
- 12 Aug 2014 9:00 AM
- current affairs
The European Court of Justice is expected to hear another case involving a Hungarian FX loan this autumn with a focus on the role of notaries, daily Magyar Nemzet said. Balázs Lehóczki at the European Court press department said a private individual took out a loan denominated in Swiss francs from Erste Bank in late 2007.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
In Hungary Business Confidence Declines, Consumer Sentiment Improves
- 21 Jul 2014 5:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence fell in July because of worsening expectations among companies. The index slipped 1.0 point to -3.9, GKI said. While the consumer index rose to -18.9 in July from -19.3 a month earlier, the business index dropped to 1.4 from 5.4.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Ministry: Hungary’s GDP Growth Could Reach 2.9% This Year
- 16 May 2014 9:00 AM
- business
Hungary’s GDP growth could exceed the 2.3% projection in the updated Convergence Programme this year by 0.3-0.6 percentage point, the Economy Ministry said after the better-thanexpected first-quarter GDP data had been published on Thursday morning. Hungary’s GDP grew by an unadjusted 3.5% and a calendaradjusted 3.4% year-on-year in Q1, the Central Statistical Office said.