153 result(s) for new commercial bank
Vajna’s Magyar Broadcasting Completes TV2 Acquisition
- 3 Jan 2016 4:00 AM
- business
The Magyar Broadcasting Co has completed the acquisition of the commercial broadcaster TV2 group and submitted documents on its licence to the registry court, the company said on Sunday. Magyar Broadcasting is owned by Andrew G Vajna, a Hollywood producer and businessman who is also the government’s film industry commissioner, and also serves as the company’s managing director.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
'Therapy?' Concert, A38 Ship Budapest, 21 January 2016
- 23 Dec 2015 8:00 AM
- entertainment
One of the basic, always fresh, renewed and most unpredictable bands of modern metal the Northern Irish Therapy? led by singer Andy Cairns has been launching albums for 25 years. Their latest album titled Disquit which is the continuation of their 1994 release Troublegum is going to be presented in a truly kicking club ambient on the ship this time.
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
Vajna’s Magyar Broadcasting Completes TV2 Acquisition
- 3 Jan 2016 4:00 AM
- business
The Magyar Broadcasting Co has completed the acquisition of the commercial broadcaster TV2 group and submitted documents on its licence to the registry court, the company said on Sunday. Magyar Broadcasting is owned by Andrew G Vajna, a Hollywood producer and businessman who is also the government’s film industry commissioner, and also serves as the company’s managing director.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
'Therapy?' Concert, A38 Ship Budapest, 21 January 2016
- 23 Dec 2015 8:00 AM
- entertainment
One of the basic, always fresh, renewed and most unpredictable bands of modern metal the Northern Irish Therapy? led by singer Andy Cairns has been launching albums for 25 years. Their latest album titled Disquit which is the continuation of their 1994 release Troublegum is going to be presented in a truly kicking club ambient on the ship this time.
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...