75 result(s) for raiffeisen
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.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
New Director Of Communications At The Corinthia Hotel Budapest
- 18 Jul 2013 9:03 AM
- specials
Experienced professional, Mr Gabor Dory has joined the Corinthia Hotel Budapest as Director of Communications.He has graduated from Budapest Economy College and has a diploma in Marketing-Communications and in Economics.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Hungarian Budget Deficit Only 2% In 2012
- 3 Apr 2013 9:00 AM
- business
According to data published earlier today by the Hungarian Central Statistical Office (KSH), the budget deficit calculated on the basis of EU methodology was 2% of GDP in 2012, which is more favourable than formerly anticipated by the European Commission in its 2012 Autumn Forecast.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Xpat Report: 10th Annual CEE Retail Banking, Sofitel Budapest, 4 - 5 October
- 5 Oct 2012 6:00 AM
- business
Already in its tenth year, Fleming Europe‘s 10th Annual CEE Retail Banking conference takes place in the Hungarian capital of Budapest. Over 150 high-profile executive delegates from more than twenty countries have gathered to listen to over 25 speakers presenting case studies and presentations assorted into two streams.
Invitation: CCCH Business Lunch, Kempinski Hotel Budapest, 7 March
- 27 Feb 2012 8:00 AM
- business
The Canadian Chamber of Commerce in Hungary and their Partners: The Swisscham Hungary, the Italian Chamber of Commerce in Hungary and the Netherlands-Hungarian Chamber of Commerce cordially invite you to a business lunch with Péter Felcsúti, Economist, former President of Banking Association, former CEO of Raiffeisen Bank
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
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.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
New Director Of Communications At The Corinthia Hotel Budapest
- 18 Jul 2013 9:03 AM
- specials
Experienced professional, Mr Gabor Dory has joined the Corinthia Hotel Budapest as Director of Communications.He has graduated from Budapest Economy College and has a diploma in Marketing-Communications and in Economics.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Hungarian Budget Deficit Only 2% In 2012
- 3 Apr 2013 9:00 AM
- business
According to data published earlier today by the Hungarian Central Statistical Office (KSH), the budget deficit calculated on the basis of EU methodology was 2% of GDP in 2012, which is more favourable than formerly anticipated by the European Commission in its 2012 Autumn Forecast.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Xpat Report: 10th Annual CEE Retail Banking, Sofitel Budapest, 4 - 5 October
- 5 Oct 2012 6:00 AM
- business
Already in its tenth year, Fleming Europe‘s 10th Annual CEE Retail Banking conference takes place in the Hungarian capital of Budapest. Over 150 high-profile executive delegates from more than twenty countries have gathered to listen to over 25 speakers presenting case studies and presentations assorted into two streams.
Invitation: CCCH Business Lunch, Kempinski Hotel Budapest, 7 March
- 27 Feb 2012 8:00 AM
- business
The Canadian Chamber of Commerce in Hungary and their Partners: The Swisscham Hungary, the Italian Chamber of Commerce in Hungary and the Netherlands-Hungarian Chamber of Commerce cordially invite you to a business lunch with Péter Felcsúti, Economist, former President of Banking Association, former CEO of Raiffeisen Bank
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
















