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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

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  • Hungary, Factors to watch, Dec 30 30 Dec 2009 07:13 GMT
    ... Following is a list of events in Hungary and the region, as well as news ... reports which may influence financial markets. The Hungarian press digest is at the end of ... decree creating stricter lending standards for banks, Banking Association chairman Tamas Erdei said yesterday. Lending ...

  • Hungarian Poker Players Protest Against Laws 30 Dec 2009 19:52 GMT
    ... Published Wednesday, December 30, 2009 - Online-Casinos.com Hungary is full of passionate people that have ... Tatar, who is senior representative of the Hungarian Poker Association, said, the current government is ... casinos online. Since June of 2006, Hungarian banks have not been allowed to process payments ...

  • Gov't approves decree placing limits on mortgage loans, auto leases 30 Dec 2009 10:56 GMT
    ... Gov't approves decree placing limits on mortgage loans, auto leases The Hungarian government approved at its last meeting of ... related to foreign currency-denominated loan and make Hungary's lending system more "storm-resistant". ...

  • Gov't approves decree placing limits on retail mortgage loans, vehicle leases 28 Dec 2009 13:41 GMT
    ... Budapest, December 28 (MTI) - The Hungarian government approved at its last meeting of ... borrowers' ability to repay -- on retail mortgage loans and vehicle leases, the Government Spokesman's ... related to foreign currency-denominated loan and make Hungary's lending system more "storm-resistant". ...

  • NE Hungary rivers flooding, two villages stranded 27 Dec 2009 20:10 GMT
    ... 27 (MTI) - Several rivers in northeast Hungary are still flooding with alerts in place ... A total of 215 kilometres of river banks are placed under flood alert in the country, ...

  • Europe's Institutional Structure in for Very Testing Time 27 Dec 2009 08:13 GMT
    ... tender outcome suggested that much of the banking system can now live without the ECB's ... of an "austerity programme" designed to bring Hungary's surging public deficit under control. And the ... to intervene in Parliaments like the Latvian, Hungarian, Greek and Spanish ones, as and when ...

  • What´s Europe´s Problem with Macedonia? 29 Dec 2009 20:13 GMT
    ... the study of all ages. On the banks of the Dardanelles Constantine founded his world ... The Macedonian question divided the interests of Austria-Hungary and Russia. The Austro-Hungarian Minister for Foreign Affairs, Count Abrashi, requested ...

  • Market views on global economic expectations during 2010 28 Dec 2009 00:50 GMT
    ... risk, both personal and now sovereign, threatens banks and financial systems combined with too little ... further bailouts and stimulus. Countries such as Hungary, Latvia and Romania will struggle to implement fiscal ... economy, and assessing the condition of the banking sector. According to official Chinese statistics, the ...

  • IMF sees multi-speed recovery in Europe in 2010; Trichet, says"confidence is the key word for 2010" 29 Dec 2009 07:12 GMT
    ... rather than fiscal stimulus. In Europe, the banking sector is not yet in as good ... them. National authorities need to ensure that banks keep capital up to deal with the ... and the three Baltic countries, Romania, and Hungary, which suffered deep downturns. What factors determined whether ...

  • IMF sees multi-speed recovery in Europe in 2010; Trichet, says "confidence is the key word for 2010" 29 Dec 2009 08:41 GMT
    ... rather than fiscal stimulus. In Europe, the banking sector is not yet in as good ... them. National authorities need to ensure that banks keep capital up to deal with the ... and the three Baltic countries, Romania, and Hungary, which suffered deep downturns. What factors determined whether ...

  • Nationalism Could Cloud Eastern Europe in 2010 31 Dec 2009 15:50 GMT
    ... the nationalists to excel, especially on both banks of the Danube. Unemployment will grow, and ... problems will be heard everywhere, especially in Hungary and Latvia, the countries worst hit. The ... but also in Romania, with its large Hungarian minority. In Slovakia, Prime Minister Robert Fico ...

  • FHB Chairman lifts stake in bank to 16.75 pct 30 Dec 2009 18:33 GMT
    ... BUDAPEST, Dec 30 (Reuters) - Hungarian mortgage bank 's Chairman Zoltan Speder increased his ... Cowell) ($1=.6973 Euro) ($1=189.95 Hungarian Forint) Keywords: HUNGARY FHB/ Copyright Thomson Reuters 2009. All rights ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 30 Dec 2009 22:22 GMT
    ... Treasury Bonds 6.625%, 2/15/27 3.17% 10)Federal National Mortgage Association 5.375%, 2.20% 6/12/17 Security Type Breakdown ... 7.85% Corporates - Investment Grades: Financial Institutions: Banking  2.05% Finance  0.42% Insurance  ... 3.74% Brazil  2.64% Turkey  1.11% Hungary  0.87% Colombia  0.79% Indonesia  0.73% ...

  • Ukraine's GDP is Expected to Return to Growth in 2010, report 30 Dec 2009 17:34 GMT
    ... financing. But the lending activity of commercial banks remains suppressed, impeding the pace of economic ... for ’s export of machinery (Russia, Kazakhstan, Hungary, etc.). According to the SSC of , the ... gradual restoration of public confidence in the banking system of Ukraine. Indeed, the stock of ...

  • The good and the bad: how my commentary measured up 2 Jan 2010 05:55 GMT
    ... and the Bush administration Treasury department. When banks can get zero-cost funds to buy government ... better governed, had a superior monetary and banking policy, and sits on top of a ... Spain and Greece, and euro-peripherals such as Hungary and the Baltics, has been promoted from crankish ...


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Markets

Exchange Rates: Hungarian Forint
USD 1 = HUF 188.3900
EUR 1 = HUF 269.8593

Closing Stocks:
Budapest BUX: 21,227.01(-0.94%)

Country Info About Hungary

Visit the World Factbook for detailed information about Hungary.
 

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Jan. 3

Italian counter offensive in Albania.
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