64 result(s) for takarékbank in Business
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.
Stronger Hungarian Forint Helps Lower State Debt
- 28 Aug 2013 9:00 AM
- business
Hungary's gross consolidated debt, calculated according to the Maastricht criteria, stood at Ft 23.2 trillion, or 81.4% of GDP, at the end of June, the MNB announced. The figure is up from 78.7% one year earlier, but lower than the 82.4% at the end of March.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
PM Orbán: Half Of Banks Should Be Hungarian-Owned
- 13 Mar 2013 8:00 AM
- business
Half of Hungary’s bank sector should be Hungarian-owned and foreign-currency loans owed by SMEs should be converted into forints, Prime Minister Viktor Orbán said Tuesday during a wide-ranging speech on economic policy. Speaking at a Hungarian Chamber of Commerce and Industry (MKIK) meeting, Orbán said the credit crunch in Hungary came about because foreign-owned banks withdrew money from Hungary
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Hungarian Industrial Output Slump Stuns Analysts
- 8 Jun 2012 9:00 AM
- business
Industrial output shrank 3.1% in April year-on-year, after dropping an annualised 1.6% in March, according to preliminary unadjusted data from the Central Statistics Office (KSH). Output fell 2.4% month-on-month. In the first five months, industrial output decreased 0.8% year-on-year.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.
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.
Stronger Hungarian Forint Helps Lower State Debt
- 28 Aug 2013 9:00 AM
- business
Hungary's gross consolidated debt, calculated according to the Maastricht criteria, stood at Ft 23.2 trillion, or 81.4% of GDP, at the end of June, the MNB announced. The figure is up from 78.7% one year earlier, but lower than the 82.4% at the end of March.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
PM Orbán: Half Of Banks Should Be Hungarian-Owned
- 13 Mar 2013 8:00 AM
- business
Half of Hungary’s bank sector should be Hungarian-owned and foreign-currency loans owed by SMEs should be converted into forints, Prime Minister Viktor Orbán said Tuesday during a wide-ranging speech on economic policy. Speaking at a Hungarian Chamber of Commerce and Industry (MKIK) meeting, Orbán said the credit crunch in Hungary came about because foreign-owned banks withdrew money from Hungary
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Hungarian Industrial Output Slump Stuns Analysts
- 8 Jun 2012 9:00 AM
- business
Industrial output shrank 3.1% in April year-on-year, after dropping an annualised 1.6% in March, according to preliminary unadjusted data from the Central Statistics Office (KSH). Output fell 2.4% month-on-month. In the first five months, industrial output decreased 0.8% year-on-year.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.