436 result(s) for loans
Residential Property Sales To Keep Growing
- 20 Sep 2016 3:00 AM
- property
Signs indicate that the residential property market in Hungary is not only back from the dead, but that it is growing at breakneck pace, according to a review by the Central Statistical Office (KSH). The volume and rate of sales have both been soaring and prices have been heading towards new heights, to the horror of buyers.
CIB H1 Profit Reaches HUF 12.9 Bln
- 9 Aug 2016 9:00 AM
- business
The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a HUF 20.9 bln loss in the corresponding period of 2015, the lender revealed Monday.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Residential Property Sales To Keep Growing
- 20 Sep 2016 3:00 AM
- property
Signs indicate that the residential property market in Hungary is not only back from the dead, but that it is growing at breakneck pace, according to a review by the Central Statistical Office (KSH). The volume and rate of sales have both been soaring and prices have been heading towards new heights, to the horror of buyers.
CIB H1 Profit Reaches HUF 12.9 Bln
- 9 Aug 2016 9:00 AM
- business
The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a HUF 20.9 bln loss in the corresponding period of 2015, the lender revealed Monday.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...