248 result(s) for matolcsy
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...