319 result(s) for nbh
NBH: Vehicle Industry Investments To Lift GDP By 0.5PP In 2016-2018
- 27 Sep 2016 9:00 AM
- business
Recently announced vehicle industry developments could raise Hungary’s GDP by about 0.04 percentage points this year and by more than 0.2-0.2 percentage points in the next two years as a first-round effect, the National Bank of Hungary (NBH) said in its recently published Inflation Report.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Socialists Win Court Case Against Central Bank Over Property Purchases
- 8 Jul 2016 9:00 AM
- current affairs
The National Bank of Hungary (NBH) is obliged to publish material concerning its property acquisitions under a binding court decision passed on Thursday, Socialist MP Sándor Burány told a press conference. Burány had sued the central bank to get access to reports made for its supervisory board concerning the purchases.
Banking In Hungary Stable After Brexit
- 4 Jul 2016 9:00 AM
- business
Britain’s vote to leave the European Union has not caused any “extreme events” in Hungary’s banking sector, industry leaders established at consultations with the National Bank of Hungary and representatives of the Economy Ministry.
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
NBH: Vehicle Industry Investments To Lift GDP By 0.5PP In 2016-2018
- 27 Sep 2016 9:00 AM
- business
Recently announced vehicle industry developments could raise Hungary’s GDP by about 0.04 percentage points this year and by more than 0.2-0.2 percentage points in the next two years as a first-round effect, the National Bank of Hungary (NBH) said in its recently published Inflation Report.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Socialists Win Court Case Against Central Bank Over Property Purchases
- 8 Jul 2016 9:00 AM
- current affairs
The National Bank of Hungary (NBH) is obliged to publish material concerning its property acquisitions under a binding court decision passed on Thursday, Socialist MP Sándor Burány told a press conference. Burány had sued the central bank to get access to reports made for its supervisory board concerning the purchases.
Banking In Hungary Stable After Brexit
- 4 Jul 2016 9:00 AM
- business
Britain’s vote to leave the European Union has not caused any “extreme events” in Hungary’s banking sector, industry leaders established at consultations with the National Bank of Hungary and representatives of the Economy Ministry.
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...