163 result(s) for len in Business
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
Hungary's National Bank Adds Ft 2 Trillion To Stimulus Lending Program
- 12 Sep 2013 9:00 AM
- business
The MNB will expand its funding for growth scheme by an additional Ft 2 trillion and extend it until the end of 2014, governor György Matolcsy announced on Wednesday. The programme was launched in June with Ft 750 billion. The extension of the scheme could add 1.8-2.4% to GDP in 2014, Matolcsy told reporters.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...