1,138 result(s) for hungary central bank
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
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.
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
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.