276 result(s) for national bank in Business
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
State Of Hungary To Purchase Budapest Bank From General Electric
- 5 Dec 2014 8:00 AM
- business
The process is expected to be finalized by the end of the first half of 2015, Minister for National Economy Mihály Varga said at an extraordinary press conference in Budapest.
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.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
State Of Hungary To Purchase Budapest Bank From General Electric
- 5 Dec 2014 8:00 AM
- business
The process is expected to be finalized by the end of the first half of 2015, Minister for National Economy Mihály Varga said at an extraordinary press conference in Budapest.
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.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.