318 result(s) for otp
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Hungary’s President Áder Presents High State Awards
- 16 Mar 2015 8:00 AM
- community & culture
President János Áder presented high state awards - Kossuth and Széchenyi prizes and the Hungarian Order of Merit - on the occasion of the national holiday. Thirty-two people received the Order of Merit, thirteen artists received Kossuth prizes and six received shared Kossuth prizes.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Hungary’s President Áder Presents High State Awards
- 16 Mar 2015 8:00 AM
- community & culture
President János Áder presented high state awards - Kossuth and Széchenyi prizes and the Hungarian Order of Merit - on the occasion of the national holiday. Thirty-two people received the Order of Merit, thirteen artists received Kossuth prizes and six received shared Kossuth prizes.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.