154 result(s) for loans in Business
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...