1,409 result(s) for national bank
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
You Can Help Migrants Via Expat Pub's 'Refugee Aid Caledonia'
- 10 Sep 2015 1:20 AM
- community & culture
Patrick McMenamin and Zsuzsa Bozo, owners of the Caledonia Pub in Budapest, contacted XpatLoop.com about promoting their new 'Refugee Aid' project saying, "We are delighted to announce that The Robert Burns International Foundation here in Budapest have agreed to support our efforts to raise much needed funds by providing us with a bank account to accept donations specifically for this cause."
Xpat Opinion: Toward A Police State In Hungary?
- 8 Sep 2015 1:00 AM
- current affairs
It’s time to take a quick look at the amendments to existing laws on the army and the police that, in Viktor Orbán’s words, will start a new era in Hungary. The projected date of this new beginning is September 15–that is, if Fidesz-KDNP has its way and four-fifths of MPs present vote for the extended use of the army and the police in the border regions and elsewhere.
Owner Threatens To Remove ‘Golgotha’ From Debrecen, Hungary Museum By Aug 31
- 27 Aug 2015 9:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s “Golgotha” - currently on loan to Hungary - told MTI that he has informed Debrecen’s Déri Museum that he will remove the landmark painting from the museum on Aug. 31. Pákh said the reason for his decision was the National Bank of Hungary’s unwillingness to compromise in order to keep the painting in the ...
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Budapest Storm Damage Claims Could Reach HUF 460M
- 19 Aug 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary on Monday could come to hundreds of millions of forints, with most of the damages reported from Budapest and central Hungary, various insurance companies said. Generali put the claim on the storm damages at close to 300 million forints (EUR 971,100) based on preliminary estimates. Aegon faces claims of almost ...
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Hungary’s NBH Opens Office In Paris
- 4 Aug 2015 9:00 AM
- business
The National Bank of Hungary (NBH) has opened its second international office, in Paris, the central bank said. The NBH opened an office in Hamburg in July and will open ones in Rome, New York, Buenos Aires and Beirut in the coming months. The offices are intended to raise the profile of the NBH and its work globally as well as strengthen and build on ties between other leading financial ...
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
You Can Help Migrants Via Expat Pub's 'Refugee Aid Caledonia'
- 10 Sep 2015 1:20 AM
- community & culture
Patrick McMenamin and Zsuzsa Bozo, owners of the Caledonia Pub in Budapest, contacted XpatLoop.com about promoting their new 'Refugee Aid' project saying, "We are delighted to announce that The Robert Burns International Foundation here in Budapest have agreed to support our efforts to raise much needed funds by providing us with a bank account to accept donations specifically for this cause."
Xpat Opinion: Toward A Police State In Hungary?
- 8 Sep 2015 1:00 AM
- current affairs
It’s time to take a quick look at the amendments to existing laws on the army and the police that, in Viktor Orbán’s words, will start a new era in Hungary. The projected date of this new beginning is September 15–that is, if Fidesz-KDNP has its way and four-fifths of MPs present vote for the extended use of the army and the police in the border regions and elsewhere.
Owner Threatens To Remove ‘Golgotha’ From Debrecen, Hungary Museum By Aug 31
- 27 Aug 2015 9:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s “Golgotha” - currently on loan to Hungary - told MTI that he has informed Debrecen’s Déri Museum that he will remove the landmark painting from the museum on Aug. 31. Pákh said the reason for his decision was the National Bank of Hungary’s unwillingness to compromise in order to keep the painting in the ...
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Budapest Storm Damage Claims Could Reach HUF 460M
- 19 Aug 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary on Monday could come to hundreds of millions of forints, with most of the damages reported from Budapest and central Hungary, various insurance companies said. Generali put the claim on the storm damages at close to 300 million forints (EUR 971,100) based on preliminary estimates. Aegon faces claims of almost ...
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Hungary’s NBH Opens Office In Paris
- 4 Aug 2015 9:00 AM
- business
The National Bank of Hungary (NBH) has opened its second international office, in Paris, the central bank said. The NBH opened an office in Hamburg in July and will open ones in Rome, New York, Buenos Aires and Beirut in the coming months. The offices are intended to raise the profile of the NBH and its work globally as well as strengthen and build on ties between other leading financial ...
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...