108 result(s) for national bank of hungary in Business
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungary Banking Sector Becomes Profitable In 2013
- 25 Feb 2014 8:00 AM
- business
Hungary’s banking sector had combined pre-tax profit of 155.2 billion forints in 2013, helped by higher revenue from commissions and fees as well as one-off items, preliminary data published by the National Bank of Hungary (NBH) on Monday show.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungarian Banks Required To Prove Fairness Of FX Contracts
- 31 Jul 2014 11:00 AM
- business
From now on banks will be required to prove that their procedures in forex lending have been straightforward, under a law which took effect last Saturday. Lawsuits initiated by borrowers against their banks before the supreme court passed its decision of legal unity have been suspended.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungary Banking Sector Becomes Profitable In 2013
- 25 Feb 2014 8:00 AM
- business
Hungary’s banking sector had combined pre-tax profit of 155.2 billion forints in 2013, helped by higher revenue from commissions and fees as well as one-off items, preliminary data published by the National Bank of Hungary (NBH) on Monday show.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.