291 result(s) for mnb
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.