319 result(s) for nbh
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
NBH Upgrades HUF 2,000, HUF 5,000 Banknotes
- 17 Nov 2016 12:40 AM
- current affairs
The National Bank of Hungary is upgrading the 2,000 forint and 5,000 forint banknotes it issues, deputy governor Ferenc Gerhardt told the press. The images on the bills will remain unchanged, but they will get enhanced security features, Gerhardt said. Legislation on the new bills will come into force from Tuesday, but they will not enter circulation until March 2017.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
NBH Upgrades HUF 2,000, HUF 5,000 Banknotes
- 17 Nov 2016 12:40 AM
- current affairs
The National Bank of Hungary is upgrading the 2,000 forint and 5,000 forint banknotes it issues, deputy governor Ferenc Gerhardt told the press. The images on the bills will remain unchanged, but they will get enhanced security features, Gerhardt said. Legislation on the new bills will come into force from Tuesday, but they will not enter circulation until March 2017.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.