241 result(s) for otp bank
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.
Xpat Opinion: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian National Football Team To Keep Dárdai As Captain
- 14 Dec 2014 8:00 AM
- sport
Pál Dárdai’s commission as the coach of the Hungarian national football team is to be lengthened until 30 November 2015 after his club, the German Hertha BSC, let him off until European Championship qualifiers come to an end, the Hungarian Football Federation (MLSZ) announced at an out-of-schedule press conference.
Magyar Telekom Launches Contactless Mobile Payment App
- 27 Nov 2014 8:00 AM
- tech
Magyar Telekom launched on Wednesday a mobile payment application for near field communication-enabled smartphones. Magyar Telekom launched the app, dubbed “mobile wallet” in Hungarian, with partners OTP Bank, MasterCard, SuperShop and InterTicket.
Internet Tax Is Just One Of The Political Scandals Hitting Hungary
- 20 Nov 2014 8:00 AM
- current affairs
By putting his Internet tax plans on the back burner, Hungarian Prime Minister Viktor Orbán also hushed his own internal opposition. Not that he can sit back: he has been making enemies ever since he launched his “freedom fights” in 2010.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.
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.
Xpat Opinion: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian National Football Team To Keep Dárdai As Captain
- 14 Dec 2014 8:00 AM
- sport
Pál Dárdai’s commission as the coach of the Hungarian national football team is to be lengthened until 30 November 2015 after his club, the German Hertha BSC, let him off until European Championship qualifiers come to an end, the Hungarian Football Federation (MLSZ) announced at an out-of-schedule press conference.
Magyar Telekom Launches Contactless Mobile Payment App
- 27 Nov 2014 8:00 AM
- tech
Magyar Telekom launched on Wednesday a mobile payment application for near field communication-enabled smartphones. Magyar Telekom launched the app, dubbed “mobile wallet” in Hungarian, with partners OTP Bank, MasterCard, SuperShop and InterTicket.
Internet Tax Is Just One Of The Political Scandals Hitting Hungary
- 20 Nov 2014 8:00 AM
- current affairs
By putting his Internet tax plans on the back burner, Hungarian Prime Minister Viktor Orbán also hushed his own internal opposition. Not that he can sit back: he has been making enemies ever since he launched his “freedom fights” in 2010.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.