405 result(s) for governor
MNB Launches Online Securities Account Access
- 5 Feb 2016 8:00 AM
- business
The MNB has launched an online application that allows investors to check the balance of their securities accounts, deputy governor László Windisch announced yesterday. From February, clients can compare reports received from their financial service providers about their investments with the data that the service providers have sent to the central bank.
MNB: Government Retaliation Against MTel Not Manipulation
- 13 Jan 2016 8:00 AM
- tech
The National Bank of Hungary (MNB) found no evidence of insider trading or market manipulation when the government pulled contracts with Magyar Telekom in retaliation for the firing of a pop star whose views on women were apparently in synch with the views of the government, state news agency MTI reported.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Hungary Will Propose Introduction Of Global Migration Quotas In UN
- 29 Sep 2015 9:00 AM
- current affairs
Hungary will propose in the UN that, rather than Europe alone taking its share of the management of the pressure of migration, the key players of world politics – who were parties to the decisions, in the wake of which unstable regions have evolved in the vicinity of our continent – should also take their share of the effort by virtue of the introduction of global quotas, Minister of Foreign ...
Escape From Budapest To Mauritius
- 10 Sep 2015 9:00 AM
- travel
A sparkling crystal in the turquoise waters of the Indian Ocean, Mauritius is fascinating. The contrast of colours, cultures and tastes makes the island so truly charming that it's hard not to have an unforgettable holiday. You have the opportunity to experience luxury or basic accommodation: a level of refinement that's above what is on offer in other tropical destinations, or more simple ...
MNB Launches Online Securities Account Access
- 5 Feb 2016 8:00 AM
- business
The MNB has launched an online application that allows investors to check the balance of their securities accounts, deputy governor László Windisch announced yesterday. From February, clients can compare reports received from their financial service providers about their investments with the data that the service providers have sent to the central bank.
MNB: Government Retaliation Against MTel Not Manipulation
- 13 Jan 2016 8:00 AM
- tech
The National Bank of Hungary (MNB) found no evidence of insider trading or market manipulation when the government pulled contracts with Magyar Telekom in retaliation for the firing of a pop star whose views on women were apparently in synch with the views of the government, state news agency MTI reported.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Hungary Will Propose Introduction Of Global Migration Quotas In UN
- 29 Sep 2015 9:00 AM
- current affairs
Hungary will propose in the UN that, rather than Europe alone taking its share of the management of the pressure of migration, the key players of world politics – who were parties to the decisions, in the wake of which unstable regions have evolved in the vicinity of our continent – should also take their share of the effort by virtue of the introduction of global quotas, Minister of Foreign ...
Escape From Budapest To Mauritius
- 10 Sep 2015 9:00 AM
- travel
A sparkling crystal in the turquoise waters of the Indian Ocean, Mauritius is fascinating. The contrast of colours, cultures and tastes makes the island so truly charming that it's hard not to have an unforgettable holiday. You have the opportunity to experience luxury or basic accommodation: a level of refinement that's above what is on offer in other tropical destinations, or more simple ...