77 result(s) for mnb in Business
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Changing Banks In Hungary Will Become Easier
- 12 Dec 2014 8:00 AM
- business
The codification of an EU directive to make it easier for consumers to switch banks is currently under way at the central bank and the Economy Ministry, MNB head of financial infrastructure Lajos Bartha told Napi Gazdaság. Currently, it takes an average of 30 days to change banks.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.