82 result(s) for rating in Business
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Hungarian Cabinet Needs Ad Tax Revenue – PM Orbán
- 16 Feb 2015 8:00 AM
- business
The cabinet cannot do without revenues from the new advertising tax, Prime Minister Viktor Orbán said in his interview on Kossuth Rádió Friday morning. He described the extent of the tax rate as a technical issue.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Hungary Beset By Growing Regional Differences
- 24 Oct 2014 9:00 AM
- business
The gap between the fast-growing and sluggish regions of Hungary is widening, we learn from a new study on the status of the country's various districts. Budapest and the northwest regions are head and shoulders above the rest, in particular the northeast and the disadvantaged areas along the Dráva River in the southwest corner of the country.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.
S & P Reaffirms Hungary Rating
- 22 Sep 2014 9:00 AM
- business
Standard and Poor’s on Friday reaffirmed Hungary’s BB/B long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. S and P changed Hungary’s outlook to stable from negative on March 28, 2014.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Hungarian Cabinet Needs Ad Tax Revenue – PM Orbán
- 16 Feb 2015 8:00 AM
- business
The cabinet cannot do without revenues from the new advertising tax, Prime Minister Viktor Orbán said in his interview on Kossuth Rádió Friday morning. He described the extent of the tax rate as a technical issue.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Hungary Beset By Growing Regional Differences
- 24 Oct 2014 9:00 AM
- business
The gap between the fast-growing and sluggish regions of Hungary is widening, we learn from a new study on the status of the country's various districts. Budapest and the northwest regions are head and shoulders above the rest, in particular the northeast and the disadvantaged areas along the Dráva River in the southwest corner of the country.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.
S & P Reaffirms Hungary Rating
- 22 Sep 2014 9:00 AM
- business
Standard and Poor’s on Friday reaffirmed Hungary’s BB/B long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. S and P changed Hungary’s outlook to stable from negative on March 28, 2014.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.