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Hungary Banking News. Service for global professionals. Constantly updated news and information about Hungary.
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Latest Hungary Banking News

  • IMF says Romania's standby deal on track 4 Jul 2009 13:30 GMT
    ... Following similar deals by fellow EU states Hungary and Latvia, Romania has secured a 20 ... Lybek welcomed recent commitments by large foreign-owned banks in Vienna and Brussels to maintain their exposure ...

  • Turkey, Bulgaria, Romania, Hungary and Austria to sign Nabucco agreement on 13 July 4 Jul 2009 08:23 GMT
    ... Reproduction in full or in part is prohibited ... to July 28 AMD loans granted by banks totaled 10.6 billion dram, while USD loans totaled ...

  • Deadlocked vote could harm Bulgarian economy: analysts 4 Jul 2009 02:50 GMT
    ... neighbours in Central and Eastern Europe including Hungary, Latvia, Romania and Serbia. "It is important, now ... four months of the year. Nevertheless, the banking system remains stable and no local bank or ...

  • Euro zone ministers to raise fears of slow recovery 3 Jul 2009 19:30 GMT
    ... the Eurogroup meeting. "What happens in the banking system will be crucial -- if credit ... capital charges to ease writedown pressures on banks holding toxic assets. "Germany would have to ... budget deficits below 3 percent of GDP. Hungary, Lithuania and Romania will be told to go ...

  • CEMEX Declares Strabag Withdrawal Notice Invalid 3 Jul 2009 19:30 GMT
    ... the sale of CEMEX Austria and CEMEX Hungary to Strabag for a consideration of EUR310 ... significant progress CEMEX made with its core banks to refinance its outstanding bank debt; -- The ...

  • K&H Bank delivers knockout blow to forex retail lending in Hungary 3 Jul 2009 19:10 GMT
    ... knockout blow to forex retail lending in Hungary As of Friday, Hungary's K&H Bank has discontinued ... interest of the national economy and retail banking clients, as these products are not affected by ...

  • BUYINS.NET: QRCP and PRXI Expected To Be Lower After Earnings Release on Monday 3 Jul 2009 17:22 GMT
    ... Greece, Japan, Switzerland, Chile, Argentina, China, Mexico, Hungary, South Korea, and England. Premier Exhibitions, Inc. ... licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a ...

  • EMERGING MARKETS-Weak on U.S. jobs, S. African rand slips 3 Jul 2009 12:51 GMT
    ... eastern European currencies were mostly firmer though Hungary's forint eased 0.2 percent after reaching a ... session. Poland's zloty firmed after a central banker said the country needed no further monetary easing ...

  • Hungarian Citizen Pleads Guilty to Charges Stemming from $600,000 Fraud Scheme 3 Jul 2009 04:44 GMT
    ... Hungarian Citizen Pleads Guilty to Charges Stemming from ... ATTILA B. KNOTH, 48, a citizen of Hungary formerly residing in Hartford, pleaded guilty today ... stemming from a scheme to defraud two banks and a finance company of nearly $600,000 ...

  • 25th Spring Chess Festival in Budapest 3 Jul 2009 03:32 GMT
    ... - Hungary certainly does not lack in chess tournaments. ... traditional early January tournament organised by the Hungarian Chess Federation, soon afterwards, in March, the ... a town south of Budapest, on the banks of Danube and the Open in Heviz, ...

  • 10 ways to keep holiday costs low 2 Jul 2009 16:32 GMT
    ... 40% more than last year. Poland and Hungary, ripe for city breaks, were hot on ... air ticket. In a time of greedy bankers and politicians with hefty expense accounts, it is ...

  • Oil prices tumble as Europe and the US s... 2 Jul 2009 16:13 GMT
    ... $1.2 trillion dollars to prop up the banking industry. Investors poured money into commodities like oil ... Associated Press writers Pablo Gorondi in Budapest, Hungary and Alex Kennedy in Singapore. Copyright 2009 The ...

  • Oil prices tumble as Europe and the US shed jobs 2 Jul 2009 16:10 GMT
    ... $1.2 trillion dollars to prop up the banking industry. Investors poured money into commodities like oil ... Associated Press writers Pablo Gorondi in Budapest, Hungary and Alex Kennedy in Singapore. Copyright 2009 The ...

  • Oil falls below $67 a barrel as dollar gains on euro, US unemployment rate rises to 9.5 pct 2 Jul 2009 15:21 GMT
    ... $1.2 trillion dollars to prop up the banking industry. Investors poured money into commodities like oil ... Associated Press writers Pablo Gorondi in Budapest, Hungary and Alex Kennedy in Singapore. Copyright 2009 Associated ...

  • Oil Slips Below $69 Ahead Of US Jobs Report 2 Jul 2009 15:02 GMT
    ... $1.2 trillion dollars to prop up the banking industry. Investors poured money into commodities like oil ... Associated Press writers Pablo Gorondi in Budapest, Hungary and Alex Kennedy in Singapore. (© 2009 The ...


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Markets

Exchange Rates: Hungarian Forint
USD 1 = HUF 195.3450
EUR 1 = HUF 273.0825

Closing Stocks:
Budapest BUX: 14,860.65(-1.58%)

Country Info About Hungary

Visit the World Factbook for detailed information about Hungary.
 

This Day in History

Jul. 4

Istvan Ferenczi, Hungarian sculptor, died at age 64.
What year was it?

Tibor Varga, Hungarian violinist and orchestra leader at "Ripley's Game", was born.
What year was it?

Imre Nagy succeeded Matyas Rakosi as Premier of Hungary.
What year was it?

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