174 result(s) for erste bank
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Jobless Rate In Hungary Falls To 6.7% In June -Aug
- 29 Sep 2015 4:35 AM
- business
The average unemployment rate in Hungary edged down to 6.7% in June-August, the Central Statistical Office (KSH) said. The jobless rate for Hungarians between the ages of 15 and 74 was down from 6.8% in May- July and 7.7% in the same period a year earlier. In absolute terms, the number of unemployed averaged 303,800 in June-August. There were 2,984,400 economically inactive Hungarians— those ...
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
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.
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.
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.
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Jobless Rate In Hungary Falls To 6.7% In June -Aug
- 29 Sep 2015 4:35 AM
- business
The average unemployment rate in Hungary edged down to 6.7% in June-August, the Central Statistical Office (KSH) said. The jobless rate for Hungarians between the ages of 15 and 74 was down from 6.8% in May- July and 7.7% in the same period a year earlier. In absolute terms, the number of unemployed averaged 303,800 in June-August. There were 2,984,400 economically inactive Hungarians— those ...
Erste To Buy Hungarian Retail Business Of Citibank
- 4 Sep 2015 10:00 AM
- business
Erste Bank will buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate and institutional clients, the two banks announced on Wednesday.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
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.
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.
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.