88 result(s) for erste bank in Business
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.
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”.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Ministry: Hungary’s GDP Growth Could Reach 2.9% This Year
- 16 May 2014 9:00 AM
- business
Hungary’s GDP growth could exceed the 2.3% projection in the updated Convergence Programme this year by 0.3-0.6 percentage point, the Economy Ministry said after the better-thanexpected first-quarter GDP data had been published on Thursday morning. Hungary’s GDP grew by an unadjusted 3.5% and a calendaradjusted 3.4% year-on-year in Q1, the Central Statistical Office said.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Invitation: CCCH Business Lunch, Budapest Marriott Hotel, 30 April
- 23 Apr 2014 9:00 AM
- business
The Canadian Chamber of Commerce in Hungary, and The Swisscham Hungary along with their partners: the British Chamber of Commerce in Hungary,German-Hungarian Chamber of Industry and Commerce, Italian Chamber of Commerce in Hungary, the Netherlands-Hungarian Chamber of Commerce,the French-Hungarian Chamber of Commerce and Industry and Austrian Embassy - Commercial Section kindly invite you ...
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.
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”.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Ministry: Hungary’s GDP Growth Could Reach 2.9% This Year
- 16 May 2014 9:00 AM
- business
Hungary’s GDP growth could exceed the 2.3% projection in the updated Convergence Programme this year by 0.3-0.6 percentage point, the Economy Ministry said after the better-thanexpected first-quarter GDP data had been published on Thursday morning. Hungary’s GDP grew by an unadjusted 3.5% and a calendaradjusted 3.4% year-on-year in Q1, the Central Statistical Office said.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Invitation: CCCH Business Lunch, Budapest Marriott Hotel, 30 April
- 23 Apr 2014 9:00 AM
- business
The Canadian Chamber of Commerce in Hungary, and The Swisscham Hungary along with their partners: the British Chamber of Commerce in Hungary,German-Hungarian Chamber of Industry and Commerce, Italian Chamber of Commerce in Hungary, the Netherlands-Hungarian Chamber of Commerce,the French-Hungarian Chamber of Commerce and Industry and Austrian Embassy - Commercial Section kindly invite you ...
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...