326 result(s) for nbh
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
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.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
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.