246 result(s) for matolcsy in Articles
Parties React To Central Bank Law
- 2 Mar 2016 8:00 AM
- current affairs
Fidesz group leader Lajos Kósa, asked at the press conference why the assets of the central bank’s foundations would no longer be considered as public funds, the funds donated by the founder would “lose their earlier character” and become “foundation money”.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Socialists Say Central Bank Uses Taxpayer Money To Finance Foundation
- 4 Feb 2016 8:00 AM
- current affairs
The metropolitan court of justice has ruled that an education foundation run by the central bank manages public money and fulfils public functions, the opposition Socialist Party said, commenting on the outcome of a lawsuit it launched against the bank for failing to comply with a public information request.
MNB: Government Retaliation Against MTel Not Manipulation
- 13 Jan 2016 8:00 AM
- tech
The National Bank of Hungary (MNB) found no evidence of insider trading or market manipulation when the government pulled contracts with Magyar Telekom in retaliation for the firing of a pop star whose views on women were apparently in synch with the views of the government, state news agency MTI reported.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
Parties React To Central Bank Law
- 2 Mar 2016 8:00 AM
- current affairs
Fidesz group leader Lajos Kósa, asked at the press conference why the assets of the central bank’s foundations would no longer be considered as public funds, the funds donated by the founder would “lose their earlier character” and become “foundation money”.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Socialists Say Central Bank Uses Taxpayer Money To Finance Foundation
- 4 Feb 2016 8:00 AM
- current affairs
The metropolitan court of justice has ruled that an education foundation run by the central bank manages public money and fulfils public functions, the opposition Socialist Party said, commenting on the outcome of a lawsuit it launched against the bank for failing to comply with a public information request.
MNB: Government Retaliation Against MTel Not Manipulation
- 13 Jan 2016 8:00 AM
- tech
The National Bank of Hungary (MNB) found no evidence of insider trading or market manipulation when the government pulled contracts with Magyar Telekom in retaliation for the firing of a pop star whose views on women were apparently in synch with the views of the government, state news agency MTI reported.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.