1,220 result(s) for national bank
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
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 Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
Xpat Opinion: US Ambassador Criticizes Hungary
- 6 Nov 2015 12:45 AM
- current affairs
Commenting on US Ambassador Colleen Bell’s concerns about the state of affairs in Hungary, pro-government columnists are in no doubt that the US wants to pressurize Hungary into submission. Left-wing pundits, on the other hand, criticize the Hungarian government’s response and expect further US-Hungarian diplomatic skirmishes.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
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 Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
Xpat Opinion: US Ambassador Criticizes Hungary
- 6 Nov 2015 12:45 AM
- current affairs
Commenting on US Ambassador Colleen Bell’s concerns about the state of affairs in Hungary, pro-government columnists are in no doubt that the US wants to pressurize Hungary into submission. Left-wing pundits, on the other hand, criticize the Hungarian government’s response and expect further US-Hungarian diplomatic skirmishes.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...