115 result(s) for the national in Business
Central Bank To Sell Stake In Budapest Bourse In Five Years
- 2 Jun 2016 9:00 AM
- business
The National Bank of Hungary (MNB) will start to divest its stake in the Budapest Stock Exchange (BSE) within five years, BSE CEO Richárd Végh said yesterday at the Reuters Eastern Europe Investment Summit at Reutersʼ office in Budapest.
Attorneys Are Being Snooped On Like It’s No One’s Business
- 22 Apr 2016 9:00 AM
- business
Panic spread among Budapest lawyers last year when it was reported that law offices were being surveilled. It was not clear who was doing the snooping but the state’s security apparatus (which includes the police, Constitutional Protection Office and even Counter Terrorism Centre TEK) couldn’t be ruled out.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Regulator Lets Investors Doublecheck Account Balances
- 5 Feb 2016 8:00 AM
- business
Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against data compiled by the market regulator, the National Bank of Hungary’s deputy governor in charge of oversight told journalists.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Central Bank To Sell Stake In Budapest Bourse In Five Years
- 2 Jun 2016 9:00 AM
- business
The National Bank of Hungary (MNB) will start to divest its stake in the Budapest Stock Exchange (BSE) within five years, BSE CEO Richárd Végh said yesterday at the Reuters Eastern Europe Investment Summit at Reutersʼ office in Budapest.
Attorneys Are Being Snooped On Like It’s No One’s Business
- 22 Apr 2016 9:00 AM
- business
Panic spread among Budapest lawyers last year when it was reported that law offices were being surveilled. It was not clear who was doing the snooping but the state’s security apparatus (which includes the police, Constitutional Protection Office and even Counter Terrorism Centre TEK) couldn’t be ruled out.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Regulator Lets Investors Doublecheck Account Balances
- 5 Feb 2016 8:00 AM
- business
Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against data compiled by the market regulator, the National Bank of Hungary’s deputy governor in charge of oversight told journalists.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...