1,289 result(s) for national bank hungary
Hungarian Parliament Starts Autumn Session
- 16 Sep 2014 9:00 AM
- current affairs
Antal Rogán, head of the parliamentary group of the ruling Fidesz party, noted bank settlements involved not only foreign currency borrowers, but also forint-denominated ones. “They, too, have a right to fair treatment and must be served justice” he said.
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.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
Hungarian Govt Agency Files Complaint Against NGO Associated With Norway Grants
- 4 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has filed a criminal complaint against an unnamed organisation on suspicion of illegal financial activities, Kehi told MTI on Wednesday. Daily Magyar Nemzet’s Wednesday issue reported that Kehi was investigating the suspected organisation in connection with a probe into ways grants from the Norway Fund are distributed in Hungary, and suspected that it had ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
Hungarian Parliament Starts Autumn Session
- 16 Sep 2014 9:00 AM
- current affairs
Antal Rogán, head of the parliamentary group of the ruling Fidesz party, noted bank settlements involved not only foreign currency borrowers, but also forint-denominated ones. “They, too, have a right to fair treatment and must be served justice” he said.
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.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
Hungarian Govt Agency Files Complaint Against NGO Associated With Norway Grants
- 4 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has filed a criminal complaint against an unnamed organisation on suspicion of illegal financial activities, Kehi told MTI on Wednesday. Daily Magyar Nemzet’s Wednesday issue reported that Kehi was investigating the suspected organisation in connection with a probe into ways grants from the Norway Fund are distributed in Hungary, and suspected that it had ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...