297 result(s) for mnb
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
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.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
LMP: Hungary's MNB Violates Bank Secrecy
- 26 Aug 2015 9:00 AM
- business
LMP will file a complaint against the MNB for violating banking secrets as information about a loan taken by a Magyar Nemzet journalist critical of the central bank has been made public without permission. The MNB said it is demanding a correction from Magyar Nemzet as the journalist’s personal loan, along with “his lack of information and assumed grievances” were behind the false allegations.
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.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...