Total assets of RBI business in Hungary fall 14% in 2011

Hungary is "without a doubt the most difficult market for us at the moment," RBI CEO says.
FinanceThursday, 13:15 March 29., 2012 Read more

What shapes GDP trend in 2012

Demand on export markets, farm sector output and banks' propensity to lend will have a big effect on the path Hungary's GDP takes this year.
EconomyFriday, 14:45 March 9., 2012 Read more

Citibank Europe awarded by Hungary's ÁKK

Government Debt Management Agency (ÁKK) has awarded Citibank Europe as "Primary Government Securities Market Dealer of the Year".
FinanceWednesday, 10:25 March 7., 2012 Read more

Raiffeisen Bank to make up for losses in Hungary

Raiffeisen 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

Fitch downgrades four Hungarian banks

Fitch 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

Hungarian Raiffeisen unit to receive HUF 106bn capital injection

The board of Raiffeisen Bank Zrt has decided on a HUF 106bn increase of the registered capital, the bank told MTI on Friday.
FinanceFriday, 10:55 December 23., 2011 Read more

Raiffeisen says pullout from some markets possible, but not from Hungary

It is conceivable that Raiffeisen Bank could pull out from one or two countries in the region, but it sees no reason to leave Hungary, CEO of the Austrian banking group Herber Stepic said at a press conference in Vienna on Thursday.
BusinessThursday, 15:30 November 24., 2011 Read more

Banks get tough

In 2010, 21 banks were loss-making so now many are taking painful measures to boost revenues.
FinanceTuesday, 02:30 November 15., 2011 Read more

Hungarian shares gain on Greek aid hopes

Hopes for an EU aid package to Greece give Hungarian shares the biggest boost in two weeks
FinanceFriday, 12:30 June 24., 2011 Read more

Raiffeisen to launch direct bank in Hungary from 2012

Raiffeisen Bank plans to bring the services of its direct bank Zuno into Hungary from 2012
BusinessWednesday, 11:20 April 27., 2011 Read more

Bank levy gives Raiffeisen Bank loss in 2010

BusinessWednesday, 13:05 April 13., 2011 Read more

GDP growth still stands “on one leg”, analysts say

Detailed GDP data published Friday shows Hungary's economic growth continues to be supported by industrial sector exports as domestic consumption remains weak, analysts told MTI.
EconomyFriday, 12:55 March 11., 2011 Read more

Raiffeisen Bank plans 8% staff cut

  The Hungarian unit of Austria’s Raiffeisen Bank plans to lay off 315 employees, or 8% of staff, over the next two months, Raiffeisen Banks told MTI on Thursday, confirming a report on the website of business daily Világgazdaság.
BusinessThursday, 15:57 February 12., 2009 Read more

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