• 22 Nov 2024

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36 result(s) for profit in Finance

Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.