• 22 Nov 2024

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12 result(s) for operating in Finance

Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Headline Figures Of Hungary’s 2023 Budget Amendment Revealed

Headline Figures Of Hungary’s 2023 Budget Amendment Revealed

Lawmakers on Monday passed an amendment of the headline figures of this year’s budget. MPs voted 125 in favour and 63 against.
iBanFirst Online Platform Supporting Payments by SMEs Obtains Licence in Hungary

iBanFirst Online Platform Supporting Payments by SMEs Obtains Licence in Hungary

The affiliate of global financial company iBanFirst, operator of an online platform supporting payments by SMEs, has obtained an operating licence in Hungary, the financial authority MNB announced.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungary rejects plans to introduce a global minimum tax as it would jeopardise jobs, Tamás Menczer, state secretary at the foreign ministry, told public broadcaster M1.
Moody's Changes Hungary Banking Sector Outlook To Stable

Moody's Changes Hungary Banking Sector Outlook To Stable

Moody’s Investors Service changed the outlook on Hungary’s banking system to stable from positive.
Finance Minister Presents Latest Tax Cuts, Growth Incentives At Amcham Forum

Finance Minister Presents Latest Tax Cuts, Growth Incentives At Amcham Forum

The government wants to continue its investor-friendly economic policy, Finance Minister Mihály Varga said at a business forum organised by the American-Chamber of Commerce in Hungary (AmCham) presenting planned tax cuts and growth incentives which are part of a government plan announced by the minister on May 30.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Headline Figures Of Hungary’s 2023 Budget Amendment Revealed

Headline Figures Of Hungary’s 2023 Budget Amendment Revealed

Lawmakers on Monday passed an amendment of the headline figures of this year’s budget. MPs voted 125 in favour and 63 against.
iBanFirst Online Platform Supporting Payments by SMEs Obtains Licence in Hungary

iBanFirst Online Platform Supporting Payments by SMEs Obtains Licence in Hungary

The affiliate of global financial company iBanFirst, operator of an online platform supporting payments by SMEs, has obtained an operating licence in Hungary, the financial authority MNB announced.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungary rejects plans to introduce a global minimum tax as it would jeopardise jobs, Tamás Menczer, state secretary at the foreign ministry, told public broadcaster M1.
Moody's Changes Hungary Banking Sector Outlook To Stable

Moody's Changes Hungary Banking Sector Outlook To Stable

Moody’s Investors Service changed the outlook on Hungary’s banking system to stable from positive.
Finance Minister Presents Latest Tax Cuts, Growth Incentives At Amcham Forum

Finance Minister Presents Latest Tax Cuts, Growth Incentives At Amcham Forum

The government wants to continue its investor-friendly economic policy, Finance Minister Mihály Varga said at a business forum organised by the American-Chamber of Commerce in Hungary (AmCham) presenting planned tax cuts and growth incentives which are part of a government plan announced by the minister on May 30.