81 result(s) for lending in Business
Growth in Hungary 50% Over EU Average
- 1 Oct 2024 6:34 AM
- business
Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
HUF 700 Billion Business Credit Scheme Launching in Hungary
- 24 Jan 2023 7:06 AM
- hungarymatters.hu
- business
Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms
- 21 Oct 2022 6:29 AM
- hungarymatters.hu
- business
The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
Central Bank Withdraws Sberbank Licence in Hungary
- 3 Mar 2022 1:35 PM
- hungarymatters.hu
- business
The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor
- 6 Jul 2021 9:25 AM
- hungarymatters.hu
- business
Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Growth in Hungary 50% Over EU Average
- 1 Oct 2024 6:34 AM
- business
Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
HUF 700 Billion Business Credit Scheme Launching in Hungary
- 24 Jan 2023 7:06 AM
- hungarymatters.hu
- business
Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms
- 21 Oct 2022 6:29 AM
- hungarymatters.hu
- business
The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
Central Bank Withdraws Sberbank Licence in Hungary
- 3 Mar 2022 1:35 PM
- hungarymatters.hu
- business
The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor
- 6 Jul 2021 9:25 AM
- hungarymatters.hu
- business
Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.