254 result(s) for otp bank
Hungarian, Romanian Agree To Advance Energy, Transport
- 15 Feb 2016 12:00 AM
- current affairs
Agreements were signed on advancing energy and transport projects at a meeting of the Hungarian-Romanian joint economic committee in Bucharest, Levente Magyar, the committee’s Hungarian co-chair and state secretary for economic diplomacy, said.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Budapest Fifth District Selling More Properties
- 11 Dec 2015 8:00 AM
- getting around
The Fidesz majority on Fifth District council voted on Thursday to sell 12 downtown properties at below market price to the present tenants. Three of the transactions are sales to OTP bank and another involves Pick Szeged, both companies owned by Sándor Csányi. A three-level unit on Deák tér for which Together councillor Péter Juhász made an offer above the council’s proposed sales price, will be ...
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.
Hungarian, Romanian Agree To Advance Energy, Transport
- 15 Feb 2016 12:00 AM
- current affairs
Agreements were signed on advancing energy and transport projects at a meeting of the Hungarian-Romanian joint economic committee in Bucharest, Levente Magyar, the committee’s Hungarian co-chair and state secretary for economic diplomacy, said.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Budapest Fifth District Selling More Properties
- 11 Dec 2015 8:00 AM
- getting around
The Fidesz majority on Fifth District council voted on Thursday to sell 12 downtown properties at below market price to the present tenants. Three of the transactions are sales to OTP bank and another involves Pick Szeged, both companies owned by Sándor Csányi. A three-level unit on Deák tér for which Together councillor Péter Juhász made an offer above the council’s proposed sales price, will be ...
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.