279 result(s) for national bank in Business
Hungary’s Central Bank Raises 2014 Inflation To 0.1%
- 24 Sep 2014 9:00 AM
- business
The central bank has raised its 2014 inflation forecast to 0.1% from zero in its previous report. The National Bank of Hungary left its 2015 projection unchanged at 2.5%, according to the main figures of its fresh quarterly Inflation Report.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
K&H Tapping Almost HUF 130bn Of Cheap Credit In Hungary
- 9 Sep 2014 6:00 AM
- business
K&H Bank has signed contracts with clients for 69 billion forints in cheap credit from the National Bank of Hungary’s Funding for Growth Scheme by the end of August, the company’s chief executive said. Hendrik Scheerlinck said the bank is in the process of lending another 60 billion forints to SMEs from the credit.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Hungarian Banks Disburse HUF 238.7bn In Funding For Growth Scheme
- 6 Aug 2014 9:00 AM
- business
Up to the end of last week, credit institutions participating in the second phase of the Funding for Growth scheme of the National Bank of Hungary concluded contracts for a total amount of 295.2 billion forints in 9,842 transactions with 7,290 enterprises, up from 223.4 billion forints for 5,834 businesses by the end of June, the central bank said on Tuesday.
Hungary’s Minister Seszták Sees More Acquisitions Ahead
- 4 Aug 2014 9:00 AM
- business
The government is planning further acquisitions after the purchase of MKB bank, first by reaching agreement with the foreign owner of Bombardier MÁV, National Development Minister Miklós Seszták told Napi Gazdaság in an interview.
Hungary’s Central Bank Raises 2014 Inflation To 0.1%
- 24 Sep 2014 9:00 AM
- business
The central bank has raised its 2014 inflation forecast to 0.1% from zero in its previous report. The National Bank of Hungary left its 2015 projection unchanged at 2.5%, according to the main figures of its fresh quarterly Inflation Report.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
K&H Tapping Almost HUF 130bn Of Cheap Credit In Hungary
- 9 Sep 2014 6:00 AM
- business
K&H Bank has signed contracts with clients for 69 billion forints in cheap credit from the National Bank of Hungary’s Funding for Growth Scheme by the end of August, the company’s chief executive said. Hendrik Scheerlinck said the bank is in the process of lending another 60 billion forints to SMEs from the credit.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Hungarian Banks Disburse HUF 238.7bn In Funding For Growth Scheme
- 6 Aug 2014 9:00 AM
- business
Up to the end of last week, credit institutions participating in the second phase of the Funding for Growth scheme of the National Bank of Hungary concluded contracts for a total amount of 295.2 billion forints in 9,842 transactions with 7,290 enterprises, up from 223.4 billion forints for 5,834 businesses by the end of June, the central bank said on Tuesday.
Hungary’s Minister Seszták Sees More Acquisitions Ahead
- 4 Aug 2014 9:00 AM
- business
The government is planning further acquisitions after the purchase of MKB bank, first by reaching agreement with the foreign owner of Bombardier MÁV, National Development Minister Miklós Seszták told Napi Gazdaság in an interview.