77 result(s) for mnb in Business
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
No Slowdown In Hungary's MNB Rate Cut Drive
- 19 Feb 2014 8:00 AM
- business
The MNB’s monetary council surprised observers with a larger base rate cut than expected yesterday, lowering the figure from 2.85% to 2.7%, causing the forint to weaken from 308.3 per euro to 310.
Hungary's State Debt At 79% Of GDP In 2013
- 18 Feb 2014 8:00 AM
- business
The state debt stood at 79.0% of GDP at the end of 2013, reaching Ft 23.07 trillion, according to preliminary figures from the MNB. The state debt was at 79.8% of GDP in 2012.
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
No Slowdown In Hungary's MNB Rate Cut Drive
- 19 Feb 2014 8:00 AM
- business
The MNB’s monetary council surprised observers with a larger base rate cut than expected yesterday, lowering the figure from 2.85% to 2.7%, causing the forint to weaken from 308.3 per euro to 310.
Hungary's State Debt At 79% Of GDP In 2013
- 18 Feb 2014 8:00 AM
- business
The state debt stood at 79.0% of GDP at the end of 2013, reaching Ft 23.07 trillion, according to preliminary figures from the MNB. The state debt was at 79.8% of GDP in 2012.
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Hungary’s National Bank MNB Sees Bank Consolidation Ahead
- 8 Nov 2013 8:00 AM
- business
The three biggest risks facing the bank sector are the tight lending conditions for companies, high household debts and the continuing low profitability of the sector, the MNB writes in its latest Financial Stability Report.