1,220 result(s) for national bank
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Regional Survey: Why Do East European Expats Stay In The West?
- 18 Mar 2015 8:00 AM
- community & culture
Many of the Hungarian expatriates in the West originally meant to work away from home just for a few years but eventually they never return. Most of them remit money to their relatives but, paradoxically, the remittances might have a negative effect on the Hungarian economy.
Hungary C/A Surplus Euro 546m In Jan
- 18 Mar 2015 8:00 AM
- business
Hungary posted a current-account surplus of 545.6 million euros in January, National Bank of Hungary monthly balance of payment data show. The country’s external financing capacity—calculated as a combined surplus of the current and capital accounts—came to a preliminary 786.8 million euros in January.
Hungary’s President Áder Presents High State Awards
- 16 Mar 2015 8:00 AM
- community & culture
President János Áder presented high state awards - Kossuth and Széchenyi prizes and the Hungarian Order of Merit - on the occasion of the national holiday. Thirty-two people received the Order of Merit, thirteen artists received Kossuth prizes and six received shared Kossuth prizes.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Regional Survey: Why Do East European Expats Stay In The West?
- 18 Mar 2015 8:00 AM
- community & culture
Many of the Hungarian expatriates in the West originally meant to work away from home just for a few years but eventually they never return. Most of them remit money to their relatives but, paradoxically, the remittances might have a negative effect on the Hungarian economy.
Hungary C/A Surplus Euro 546m In Jan
- 18 Mar 2015 8:00 AM
- business
Hungary posted a current-account surplus of 545.6 million euros in January, National Bank of Hungary monthly balance of payment data show. The country’s external financing capacity—calculated as a combined surplus of the current and capital accounts—came to a preliminary 786.8 million euros in January.
Hungary’s President Áder Presents High State Awards
- 16 Mar 2015 8:00 AM
- community & culture
President János Áder presented high state awards - Kossuth and Széchenyi prizes and the Hungarian Order of Merit - on the occasion of the national holiday. Thirty-two people received the Order of Merit, thirteen artists received Kossuth prizes and six received shared Kossuth prizes.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.