163 result(s) for len in Business
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Raiffeisen, Erste Confirm Talks With Hungarian Govt
- 19 Dec 2014 8:00 AM
- business
Spokesmen for Austria’s Erste Group and Raiffeisen Bank International confirmed that the lenders are in talks with the Hungarian government, though Raiffeisen stressed that for the time being there were no “negotiations”. An official from Raiffeisen Bank International said the sides had established contact, but this was far from negotiations or taking decisions.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
Hungary: EIB Supports SMEs And Municipalities With EUR 100 Million Channelled Through MFB
- 23 Oct 2014 9:00 AM
- business
The European Investment Bank (EIB) has provided a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs and public sector promoters in Hungary.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Hungarian Banks Disburse Huf 330bn In Loans
- 9 Oct 2014 9:00 AM
- business
Banks disbursed 330.1 billion forints (EUR 1.06bn) of loans by Oct. 3 to small and medium-size enterprises (SMEs) in the second phase of the central bank’s scheme to boost lending for for growth. Contracts signed under phase II totalled 402.7 billion forints.
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Raiffeisen, Erste Confirm Talks With Hungarian Govt
- 19 Dec 2014 8:00 AM
- business
Spokesmen for Austria’s Erste Group and Raiffeisen Bank International confirmed that the lenders are in talks with the Hungarian government, though Raiffeisen stressed that for the time being there were no “negotiations”. An official from Raiffeisen Bank International said the sides had established contact, but this was far from negotiations or taking decisions.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
Hungary: EIB Supports SMEs And Municipalities With EUR 100 Million Channelled Through MFB
- 23 Oct 2014 9:00 AM
- business
The European Investment Bank (EIB) has provided a loan of EUR 100 million to MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB - Hungarian Development Bank) to finance small and medium-sized investments and infrastructure projects promoted by SMEs and public sector promoters in Hungary.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Hungarian Banks Disburse Huf 330bn In Loans
- 9 Oct 2014 9:00 AM
- business
Banks disbursed 330.1 billion forints (EUR 1.06bn) of loans by Oct. 3 to small and medium-size enterprises (SMEs) in the second phase of the central bank’s scheme to boost lending for for growth. Contracts signed under phase II totalled 402.7 billion forints.
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.