1,138 result(s) for hungary central bank
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Owner Threatens To Remove ‘Golgotha’ From Debrecen, Hungary Museum By Aug 31
- 27 Aug 2015 9:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s “Golgotha” - currently on loan to Hungary - told MTI that he has informed Debrecen’s Déri Museum that he will remove the landmark painting from the museum on Aug. 31. Pákh said the reason for his decision was the National Bank of Hungary’s unwillingness to compromise in order to keep the painting in the ...
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 ...
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Budapest Storm Damage Claims Could Reach HUF 460M
- 19 Aug 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary on Monday could come to hundreds of millions of forints, with most of the damages reported from Budapest and central Hungary, various insurance companies said. Generali put the claim on the storm damages at close to 300 million forints (EUR 971,100) based on preliminary estimates. Aegon faces claims of almost ...
Hungary’s NBH Opens Office In Paris
- 4 Aug 2015 9:00 AM
- business
The National Bank of Hungary (NBH) has opened its second international office, in Paris, the central bank said. The NBH opened an office in Hamburg in July and will open ones in Rome, New York, Buenos Aires and Beirut in the coming months. The offices are intended to raise the profile of the NBH and its work globally as well as strengthen and build on ties between other leading financial ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Owner Threatens To Remove ‘Golgotha’ From Debrecen, Hungary Museum By Aug 31
- 27 Aug 2015 9:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s “Golgotha” - currently on loan to Hungary - told MTI that he has informed Debrecen’s Déri Museum that he will remove the landmark painting from the museum on Aug. 31. Pákh said the reason for his decision was the National Bank of Hungary’s unwillingness to compromise in order to keep the painting in the ...
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 ...
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Budapest Storm Damage Claims Could Reach HUF 460M
- 19 Aug 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary on Monday could come to hundreds of millions of forints, with most of the damages reported from Budapest and central Hungary, various insurance companies said. Generali put the claim on the storm damages at close to 300 million forints (EUR 971,100) based on preliminary estimates. Aegon faces claims of almost ...
Hungary’s NBH Opens Office In Paris
- 4 Aug 2015 9:00 AM
- business
The National Bank of Hungary (NBH) has opened its second international office, in Paris, the central bank said. The NBH opened an office in Hamburg in July and will open ones in Rome, New York, Buenos Aires and Beirut in the coming months. The offices are intended to raise the profile of the NBH and its work globally as well as strengthen and build on ties between other leading financial ...