Keyword: bank sector
Results: 63
Commission approves extension of Hungarian liquidity scheme for banksThe Commission concluded that the scheme represents an appropriate means of remedying a serious disturbance in the Hungarian economy and is compatible with the Treaty. | |
| EconomyThursday, 12:50 March 8., 2012 | Read more |
MKB board approves HUF 62bn capital raiseThe board of MKB Bank has decided on a HUF 62bn capital raise through a private placement to be subscribed by majority owner BayernLB, the bank said late Friday. | |
| BusinessMonday, 15:25 January 30., 2012 | Read more |
Raiffeisen Bank to make up for losses in HungaryRaiffeisen Bank Group expects an early repayment scheme for foreign currency-denominate mortgages at discounted exchange rates to generate a loss of €55m-60m for its business in Hungary, but plans to make up for the loss "in the foreseeable future", CEO Herbert Stepic said in Thursday’s issue of Austrian business daily Wirtschaftsblatt. | |
| FinanceThursday, 14:55 January 26., 2012 | Read more |
State, not banks, to manage "baby bonds" - paperThe government is drafting an amendment that would take management of "baby bonds" from banks and give it to the state. | |
| EconomyThursday, 09:55 January 19., 2012 | Read more |
UPDATE - Vienna initiative participants discuss coordination of policies affecting emerging EuropePublic sector officials from within the European Bank Coordination "Vienna" Initiative met in Vienna on Monday with the aim to enhance the coordination of national policies affecting the economies of emerging Europe, the European Bank for Reconstruction and Development (EBRD) announced late on Monday. | |
| FinanceTuesday, 15:35 January 17., 2012 | Read more |
Vienna initiative participants discuss coordination of policies affecting emerging EuropePublic sector officials from within the European Bank Coordination "Vienna" Initiative met in Vienna on Monday with the aim to enhance the coordination of national policies affecting the economies of emerging Europe, the European Bank for Reconstruction and Development (EBRD) announced late on Monday. | |
| FinanceTuesday, 09:55 January 17., 2012 | Read more |
Fitch downgrades four Hungarian banksFitch Ratings on Thursday said it downgraded four Hungarian banks, about a week after it cut Hungary’s sovereign rating a notch under "investment grade". | |
| FinanceThursday, 17:40 January 12., 2012 | Read more |
PSZAF clears Sberbank acquisition of Magyarorszagi VolksbankHungarian financial market watchdog PSZAF on Thursday said it cleared the acquisition of Magyarorszagi Volksbank by Sberbank of Russia. | |
| FinanceThursday, 14:50 January 12., 2012 | Read more |
Write-downs at Hungarian unit expected to push BayernLB into red for 2011Germany’s BayernLB on Thursday said it expects to close 2011 with a net loss because of write-downs at its Hungarian unit MKB Bank. | |
| FinanceThursday, 14:40 January 12., 2012 | Read more |
Surplus liquidity of Hungary banking sector falls in DecemberSurplus forint liquidity of Hungary’s banking sector fell in December from a month earlier as currency in circulation rose in the run-up to the holidays and central bank forex swaps increased because banks diverted liquidity into overnight deposits as a cautionary measure, the National Bank of Hungary said in its preliminary statistical balance sheet published on Thursday. | |
| FinanceThursday, 09:55 January 12., 2012 | Read more |
Bank deposits safe and secure, says govt spokesmanBank deposits in Hungary are safe and secure, government spokesman Andras Giro-Szasz said on Friday. | |
| EconomyFriday, 17:20 January 6., 2012 | Read more |
Spokesman rejects speculation govt has sights on individual bank accountsThe government categorically denies any speculation that the state intends to take control of individual savings accounts, Government Spokesman Andras Giro-Szasz said on a television program on Friday. | |
| EconomyFriday, 11:35 January 6., 2012 | Read more |
Hungary banking system capital-strong, says Financial Stability CouncilHungary’s banking system is capital-strong and stable, and it has significant reserves at its disposal as a defense against unfavourable external effects, the Financial Stability Council established at a meeting on Thursday, the National Economy Ministry told MTI. | |
| FinanceThursday, 17:45 January 5., 2012 | Read more |
120,000 borrowers seen paying off mortgage under govt schemeAbout 120,000 people will elect by the December 30 deadline to participate in the government’s plan allowing borrowers to fully repay their foreign-currency-denominated mortgages at a preferential exchange rate, business daily Vilaggazdasag estimated on Thursday, based on data collected from six major banks. | |
| FinanceThursday, 11:10 December 22., 2011 | Read more |
Moody’s downgrades FHB covered bondsMoody’s Investors Service on Wednesday said it downgraded to Ba1 from Baa3 the covered bonds of FHB Mortgage Bank. | |
| FinanceWednesday, 11:25 December 21., 2011 | Read more |
FHB expects new agreement with state to clear up matter of illegal state aidMortgage lender FHB on Thursday concluded a new agreement with the state on a capital injection that it expects will clear up any doubts the recapitalisation was not in line with European Union rules, the bank said late Friday. | |
| BusinessMonday, 11:10 December 19., 2011 | Read more |
Moody’s downgrades five Hungarian banksMoody’s Investors Service said late Friday it downgraded the deposit and debt ratings of Budapest Bank, K&H Bank, FHB Mortgage Bank, Erste Bank Hungary and MKB Bank. | |
| BusinessMonday, 09:15 December 19., 2011 | Read more |
Bank association chairman says agreement to ease Hungary’s Swiss franc debt problem - ReutersThe conclusion of an agreement between Hungarian banks and the government on a repayment plan for borrowers with foreign-currency-denominated mortgages on Thursday is expected to significantly alleviate Hungary’s Swiss franc debt problem, Hungarian Bank Association Chairman Patai Mihaly told Reuters. | |
| FinanceFriday, 10:30 December 16., 2011 | Read more |
Hungary govt, banks sign agreement on escape route for FX borrowersThe government and the Hungarian Banking Association signed an agreement on Thursday that gives an escape route to borrowers with foreign currency-denominated loans, National Economy Minister Gyorgy Matolcsy said. | |
| FinanceThursday, 14:10 December 15., 2011 | Read more |
UPDATE - Hungary govt, banks sign agreement on escape route for FX borrowersThe government and the Hungarian Banking Association signed an agreement on Thursday that gives an escape route to borrowers with foreign currency-denominated loans, National Economy Minister Gyorgy Matolcsy said. | |
| FinanceThursday, 14:10 December 15., 2011 | Read more |
20:10Egis ups guidance
19:45Banking association establishes position on transactions duty for talks with govt
19:25Hungary seeks three-year, €15 bln precautionary financing from IMF/EU
12:25Nabucco consortium executive body to discuss MOL stand on pipeline
12:05Weaker HUF, EUR sales to mortgage repayments give MNB extra HUF 13.6 bln
11:35MOL considers joining BP pipeline project
16:55Hungary CPI picks up to 5.7% in April
16:45EC forecast puts Hungary deficit under 3% threshold in 2012, 2013
EC forecast puts Hungary deficit under 3% threshold in 2012, 2013
A sector waiting to be recognized
Govt breaks promise made in agreement with new tax, Banking Association says
Hungary exports drop, imports down slightly yr/yr in March
Hungary debt insurance costs surge on Greece worries
Hungarian insurers to pay no bank levy from 2013, ministry confirms
EU conformity of telephone tax questionable, Mattheisen says
Hungary CPI picks up to 5.7% in April
Government introduces tax bills
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