90 result(s) for governor in Business
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.