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Hungary Banking News. Service for global professionals. Constantly updated news and information about Hungary.
Latest Hungary Banking News
- Barroso ponders moves on commission portfolio chessboard 24 Nov 2009 01:32 GMT
... The commission president has favours to repay in assigning ... term, he was in charge as the banking crisis dragged the EU into a brutal ... the regional policy portfolio could go to Hungarian nominee Laszlo Andor, while Denmark is campaigning ...
- Jobless toll to rise again, says IMF, as leaders vie for votes 24 Nov 2009 00:42 GMT
... (From Bloomberg) ======================== A year after the banking crisis brought Iceland to the brink of ... at Europe’s highest interest rates, and international banks reject requests for new financing. Prime Minister ... there with economic disaster areas like Estonia, Hungary and even Cyprus. Prudence Brown ? more like ...
- Citi bank group upgrades global 2010 economic growth forecast 24 Nov 2009 00:43 GMT
... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates through ... Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it ...
- Citi upgrades 2010 economic growth forecast, expects an uneven global recovery 24 Nov 2009 01:04 GMT
... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates through ... Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it ...
- Big foreign banks reaffirm commitment to stand by Hungarian subsidiaries 23 Nov 2009 10:09 GMT
... foreign banks reaffirm commitment to stand by Hungarian subsidiaries The parent banks of the six ... the six largest foreign banks active in Hungary reaffirmed their commitments made in May 2009 ... EC statement on the meeting said. The banking system’s capital adequacy ratio was 13pc in ...
- INSTANT VIEW - Hungary c.bank cuts base rate 50 bps, widens corridor (3) 23 Nov 2009 16:15 GMT
... move could increase credit flow in the banking system and reduce the amount of money ... against the too strong HUF)." "Today the Hungarian central bank (MNB) cut its key policy ... sets of forecasts do not differ much. Hungary is still in a fragile recovery, but ...
- Hungary MPC sheds light on interest rate corridor widening 23 Nov 2009 16:56 GMT
... At its monthly policy meeting on Monday, the Monetary Council ... on Monday, the Monetary Council of the Hungarian central bank (NBH) has decided to widen ... will result in higher costs for the banking sector, and consequently, it may encourage market ...
- Hungary c.bank surprises mkt, cuts base rate, widens interest rate corridor 23 Nov 2009 14:15 GMT
... Hungary's Monetary Council has lowered its benchmark policy ... widening is even more "dovish". Hungary's commercial banks have been leaning to an ever greater ... sentiment, as well as uncertainties about the Hungarian economy. The importance of this factor is ...
- Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
... as the economic slump blunts price pressures. Hungary was the first European Union country to ... Hungary’s interest rate cuts are trailing central banks such as the U.S. Federal Reserve and the ...
- INSTANT VIEW - Hungary c.bank cuts base rate 50 bps, widens corridor (2) 23 Nov 2009 14:54 GMT
... "The NBH cut its benchmark rate by 50 bps (on ... move could increase credit flow in the banking system and reduce the amount of money ... the effective rate cut for some local banks (current HUF175bn is deposited at the NBH ...
- Hungary Cuts Interest Rates 23 Nov 2009 14:16 GMT
... BUDAPEST -- The National Bank of Hungary's monetary policy council Monday cut the base ... base rate on two-week bills for commercial banks to 6.5% from 7%, in line with analysts' ...
- EU recession over, but sharp contrasts in East 23 Nov 2009 12:52 GMT
... lot of countries such as Latvia or Hungary, where the economies have been in freefall. ... London. The Czech koruna, Polish zloty and Hungarian forint have all gained ground against the ... debt will probably be snapped up by banks, which in turn means there won't be ...
- Stocks, Commodities Gain on Growth Outlook; Dollar, Yen Decline 23 Nov 2009 17:34 GMT
... than forecast and speculation grew that central banks will keep interest rates near record lows. ... Developing-nation stocks rose, led by shares in Hungary and Poland, as the MSCI Emerging Markets ... years. The Czech koruna, Polish zloty and Hungarian forint all climbed at least 1 percent ...
- Stocks Gain Around World on Growth Outlook as Dollar, Yen Drop 23 Nov 2009 22:55 GMT
... than forecast and speculation grew that central banks will keep interest rates near record lows. ... Developing-nation stocks rose, led by shares in Hungary and Poland, as the MSCI Emerging Markets ... years. The Czech koruna, Polish zloty and Hungarian forint all climbed at least 0.8 percent ...
- AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... - Entertainment 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% ... 2.98% Turkey 2.57% Philippines 1.80% Kazakhstan 1.67% Hungary 1.56% Uruguay 1.35% Peru 1.32% United Kingdom 1.32% ...
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Exchange Rates: Hungarian Forint
USD 1 = HUF 179.2680
EUR 1 = HUF 268.3803
Closing Stocks:
Budapest BUX: 20,649.51(0.30%)
Country Info About Hungary
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Nov. 24
Austria denounces Serbian gains in the Balkans; Russia and France back Serbia while Italy and Germany back Austria.
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