240 result(s) for otp bank in Articles
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Hungary's OTP Bank Chairman Csányi On Forbes List Of Billionaires
- 4 Nov 2015 8:00 AM
- business
OTP bank chairman and CEO Sándor Csányi has become the first Hungarian to be included on the list of the world’s dollar billionaires, complied by US-based Forbes magazine. He is the richest Hungarian with an estimated net worth of Ft 287.9 billion, or approximately $1.01 billion.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Újpest Hosts Ferencváros In Budapest Derby
- 14 Sep 2015 1:00 AM
- sport
Saturday will be a special day for Hungarian football fans as Újpest host league-leader Ferencváros at the Ferenc Szusza Stadium in the 8th round of the Hungarian championship. The two arch-rivals clash is always about much more than three points, the players know that as much as the enthusiastic fans and of course, the Hungarian Police. Last September Újpest won over Ferencváros 2-1, but in ...
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Brain Bar Budapest Back Next Year
- 22 Jun 2015 9:00 AM
- community & culture
Press Release: Some 3000 visitors attended the very first Brain Bar Budapest festival last weekend to hear the world’s biggest stars debate the interrelations between technology and humanity. In Summer 2015, Design Terminal, We Love Budapest, Akvárium Klub and HG Media brought the Brain Bar Budapest festival to life for the very first time, with support from main sponsor Magyar Telekom.
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Hungary's OTP Bank Chairman Csányi On Forbes List Of Billionaires
- 4 Nov 2015 8:00 AM
- business
OTP bank chairman and CEO Sándor Csányi has become the first Hungarian to be included on the list of the world’s dollar billionaires, complied by US-based Forbes magazine. He is the richest Hungarian with an estimated net worth of Ft 287.9 billion, or approximately $1.01 billion.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Újpest Hosts Ferencváros In Budapest Derby
- 14 Sep 2015 1:00 AM
- sport
Saturday will be a special day for Hungarian football fans as Újpest host league-leader Ferencváros at the Ferenc Szusza Stadium in the 8th round of the Hungarian championship. The two arch-rivals clash is always about much more than three points, the players know that as much as the enthusiastic fans and of course, the Hungarian Police. Last September Újpest won over Ferencváros 2-1, but in ...
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Brain Bar Budapest Back Next Year
- 22 Jun 2015 9:00 AM
- community & culture
Press Release: Some 3000 visitors attended the very first Brain Bar Budapest festival last weekend to hear the world’s biggest stars debate the interrelations between technology and humanity. In Summer 2015, Design Terminal, We Love Budapest, Akvárium Klub and HG Media brought the Brain Bar Budapest festival to life for the very first time, with support from main sponsor Magyar Telekom.