290 result(s) for reserves
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Confrérie De Tokaj Planning Great Tokaj Wine Auction 2015
- 22 Nov 2014 8:00 AM
- shopping
Following in the footsteps of the successful first two Great Tokaj Wine Auctions, the Confrérie de Tokaj is planning the third auction for 25th April 2015 – to be held in Sárospatak Castle Knights' Hall as has become the tradition. All lots are exclusive and contemporary wines, barrel quantity (136 l) of primeur Tokaji wines which are bottled and delivered to the winning bidder with their Great ...
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Gas Supply Secure, Says European Commission
- 28 Oct 2014 3:00 AM
- current affairs
Hungary’s gas supply would be secure even in a worst-case scenario, the national development ministry said referring to the Energy Security Stress Tests of the European Commission. The Commission said that if Russian gas shipments to Europe stopped entirely, Hungary’s reserves could still ensure household supplies, with limitations stipulated by law, the ministry said.
Hungary’s PM Orbán, Merkel Discuss Energy Before EU Summit
- 9 Oct 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán met German Chancellor Angela Merkel on the sidelines of an EU summit in Milan and discussed current energy and foreign affairs issues. “We mainly talked about foreign policy issues, as it was clear from the start that German- Hungarian bilateral relations are all in order and the relationship is growing,” Orbán said.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Confrérie De Tokaj Planning Great Tokaj Wine Auction 2015
- 22 Nov 2014 8:00 AM
- shopping
Following in the footsteps of the successful first two Great Tokaj Wine Auctions, the Confrérie de Tokaj is planning the third auction for 25th April 2015 – to be held in Sárospatak Castle Knights' Hall as has become the tradition. All lots are exclusive and contemporary wines, barrel quantity (136 l) of primeur Tokaji wines which are bottled and delivered to the winning bidder with their Great ...
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Gas Supply Secure, Says European Commission
- 28 Oct 2014 3:00 AM
- current affairs
Hungary’s gas supply would be secure even in a worst-case scenario, the national development ministry said referring to the Energy Security Stress Tests of the European Commission. The Commission said that if Russian gas shipments to Europe stopped entirely, Hungary’s reserves could still ensure household supplies, with limitations stipulated by law, the ministry said.
Hungary’s PM Orbán, Merkel Discuss Energy Before EU Summit
- 9 Oct 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán met German Chancellor Angela Merkel on the sidelines of an EU summit in Milan and discussed current energy and foreign affairs issues. “We mainly talked about foreign policy issues, as it was clear from the start that German- Hungarian bilateral relations are all in order and the relationship is growing,” Orbán said.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.