277 result(s) for nbh
Hungary’s Central Bank Launches Report On External Balance
- 4 Apr 2014 9:00 AM
- business
The National Bank of Hungary (NBH) on Thursday noted a “considerable improvement” in Hungary’s external balance position in the years af ter the outset of the crisis, launching a new publication series on developments in Hungary’s external balance position.
Hungarian Banks Pass On Cost Of Transaction Duty To Clients
- 1 Apr 2014 9:00 AM
- business
Hungarian banks have passed on the entire cost of the financial transaction duty to their clients, according to a study by the National Bank of Hungary published on Monday. NBH department chief Lóránt Varga, one of the authors of the study, said banks had incorporated the cost of the transaction duty for bank card payments into higher annual card fees.
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’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
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.
Hungary’s Central Bank Easing Cycle To Shift To Lower Gear On Weak Forint, Says City
- 18 Feb 2014 8:00 AM
- business
Hungary’s central bank is likely to shift to lower gear in its easing cycle, potentially voting for a token rate cut of only 5 basis points, on the back of a weaker forint, London-based emerging markets economists said ahead of the Monetary Policy Council’s (MPC) Tuesday meeting.
Hungary’s NBH Likely To Cut Base Rate By 10bp Next Week - Reuters Poll
- 14 Feb 2014 8:00 AM
- business
Fully 16 of 22 analysts participating in a fresh Reuters poll expect Hungarian rate-setters will cut the bank’s base rate by 10 basis points to a new historical low of 2.75% at its rate-setting session on Tuesday, Reuters said today. Three of the analysts participating in the Reuters poll conducted between Feb.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
FED Tapering Will Not Influence Hungary Monetary Policy
- 16 Jan 2014 8:00 AM
- business
The winding down of the US Federal Reserve’s asset purchase programme will not affect the monetary policy of the National Bank of Hungary, the bank’s deputy governor Ádám Balog said at a conference in Vienna. The Fed’s “tapering” will not prompt the NBH to raise the base rate, Balog told the Euromoney conference.
Hungary’s Central Bank Launches Report On External Balance
- 4 Apr 2014 9:00 AM
- business
The National Bank of Hungary (NBH) on Thursday noted a “considerable improvement” in Hungary’s external balance position in the years af ter the outset of the crisis, launching a new publication series on developments in Hungary’s external balance position.
Hungarian Banks Pass On Cost Of Transaction Duty To Clients
- 1 Apr 2014 9:00 AM
- business
Hungarian banks have passed on the entire cost of the financial transaction duty to their clients, according to a study by the National Bank of Hungary published on Monday. NBH department chief Lóránt Varga, one of the authors of the study, said banks had incorporated the cost of the transaction duty for bank card payments into higher annual card fees.
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’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
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.
Hungary’s Central Bank Easing Cycle To Shift To Lower Gear On Weak Forint, Says City
- 18 Feb 2014 8:00 AM
- business
Hungary’s central bank is likely to shift to lower gear in its easing cycle, potentially voting for a token rate cut of only 5 basis points, on the back of a weaker forint, London-based emerging markets economists said ahead of the Monetary Policy Council’s (MPC) Tuesday meeting.
Hungary’s NBH Likely To Cut Base Rate By 10bp Next Week - Reuters Poll
- 14 Feb 2014 8:00 AM
- business
Fully 16 of 22 analysts participating in a fresh Reuters poll expect Hungarian rate-setters will cut the bank’s base rate by 10 basis points to a new historical low of 2.75% at its rate-setting session on Tuesday, Reuters said today. Three of the analysts participating in the Reuters poll conducted between Feb.
Hungary’s Central Bank Heads Comment On Euro
- 3 Feb 2014 8:00 AM
- current affairs
The Maastricht criteria have a stabilising effect on EU member states outside the euro zone, the governor of Austria’s central bank told the NBH conference. Setting the objective of joining the euro zone, combined with the Maastricht criteria, have a strong stabilising effect in each prospective euro-zone member state, said Ewald Nowotny.
FED Tapering Will Not Influence Hungary Monetary Policy
- 16 Jan 2014 8:00 AM
- business
The winding down of the US Federal Reserve’s asset purchase programme will not affect the monetary policy of the National Bank of Hungary, the bank’s deputy governor Ádám Balog said at a conference in Vienna. The Fed’s “tapering” will not prompt the NBH to raise the base rate, Balog told the Euromoney conference.