76 result(s) for otp in Business
Rahimkulov Invests In Hungary's BTel
- 13 Feb 2014 8:00 AM
- business
Skillinvest, a firm linked to OTP investor Megdet Rahimkulov, has injected Ft 500 million into BTel, raising its stake in the telecoms company to 7.5%. Skillinvest, founded in 2013, has not yet filed financial reports with the company registry. Its leaders are Judit Bankó, Josif Vasser and Timur Rahimkulov, son of former Gazprom representative Megdet Rahimkulov.
Hungary's OTP Acquires BPC In Croatia
- 4 Feb 2014 8:00 AM
- business
OTP has signed an agreement to buy Banco Popolare’s Croatian subsidiary (BPC) for HRK107 million, (Ft 4.4 billion) the bank announced on Friday. BPC’s market share is only 0.6% overall, but is over 2% for consumer loans. The bank has 54,000 clients, 30 branches and 30 ATMs.
Quarter Of Hungary Debt In Hands Of European Banks
- 19 Dec 2013 3:00 AM
- business
Just over 25 percent of Hungary’s debt, amounting to 18.489 billion euros, is in the hands of European banks, business daily Napi Gazdaság said. Of 64 banks assessed by the European Banking Authority, 33 held varying amounts of Hungarian bonds at the end of June.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Higher Taxes Dent Profits For BSE Companies In Hungary
- 22 Aug 2013 9:00 AM
- business
Combined net profits of BSE category “A” companies fell to Ft 158 billion in the first six months, from Ft 187 billion one year earlier, due to higher taxes, Napi Gazdaság reports in an evaluation of the earnings season. The biggest companies paid Ft 100 billion to the budget in total, three times more than in 2012.
Hungary's OTP May Bid For Croatian Bank
- 12 Aug 2013 9:00 AM
- business
OTP bank and Belgium’s KBC are potential bidders for Croatia’s Hrvatska Postanska Banka, according to a report in Zagreb financial paper Poslovni Dnevnik. The Croatian Finance Ministry announced the sale of the government’s 99.1% stake in the bank on its website on the weekend.
Rahimkulov Invests In Hungary's BTel
- 13 Feb 2014 8:00 AM
- business
Skillinvest, a firm linked to OTP investor Megdet Rahimkulov, has injected Ft 500 million into BTel, raising its stake in the telecoms company to 7.5%. Skillinvest, founded in 2013, has not yet filed financial reports with the company registry. Its leaders are Judit Bankó, Josif Vasser and Timur Rahimkulov, son of former Gazprom representative Megdet Rahimkulov.
Hungary's OTP Acquires BPC In Croatia
- 4 Feb 2014 8:00 AM
- business
OTP has signed an agreement to buy Banco Popolare’s Croatian subsidiary (BPC) for HRK107 million, (Ft 4.4 billion) the bank announced on Friday. BPC’s market share is only 0.6% overall, but is over 2% for consumer loans. The bank has 54,000 clients, 30 branches and 30 ATMs.
Quarter Of Hungary Debt In Hands Of European Banks
- 19 Dec 2013 3:00 AM
- business
Just over 25 percent of Hungary’s debt, amounting to 18.489 billion euros, is in the hands of European banks, business daily Napi Gazdaság said. Of 64 banks assessed by the European Banking Authority, 33 held varying amounts of Hungarian bonds at the end of June.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Higher Taxes Dent Profits For BSE Companies In Hungary
- 22 Aug 2013 9:00 AM
- business
Combined net profits of BSE category “A” companies fell to Ft 158 billion in the first six months, from Ft 187 billion one year earlier, due to higher taxes, Napi Gazdaság reports in an evaluation of the earnings season. The biggest companies paid Ft 100 billion to the budget in total, three times more than in 2012.
Hungary's OTP May Bid For Croatian Bank
- 12 Aug 2013 9:00 AM
- business
OTP bank and Belgium’s KBC are potential bidders for Croatia’s Hrvatska Postanska Banka, according to a report in Zagreb financial paper Poslovni Dnevnik. The Croatian Finance Ministry announced the sale of the government’s 99.1% stake in the bank on its website on the weekend.