126 result(s) for governor of central bank
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
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.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
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.