89 result(s) for nbh base rate
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungary’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
Hungary’s Central Bank Easing Cycle To Shift To Lower Gear On Weak Forint, Says City
- 18 Feb 2014 8:00 AM
- business
Hungary’s central bank is likely to shift to lower gear in its easing cycle, potentially voting for a token rate cut of only 5 basis points, on the back of a weaker forint, London-based emerging markets economists said ahead of the Monetary Policy Council’s (MPC) Tuesday meeting.
Hungary’s NBH Likely To Cut Base Rate By 10bp Next Week - Reuters Poll
- 14 Feb 2014 8:00 AM
- business
Fully 16 of 22 analysts participating in a fresh Reuters poll expect Hungarian rate-setters will cut the bank’s base rate by 10 basis points to a new historical low of 2.75% at its rate-setting session on Tuesday, Reuters said today. Three of the analysts participating in the Reuters poll conducted between Feb.
FED Tapering Will Not Influence Hungary Monetary Policy
- 16 Jan 2014 8:00 AM
- business
The winding down of the US Federal Reserve’s asset purchase programme will not affect the monetary policy of the National Bank of Hungary, the bank’s deputy governor Ádám Balog said at a conference in Vienna. The Fed’s “tapering” will not prompt the NBH to raise the base rate, Balog told the Euromoney conference.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungary’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
Hungary’s Central Bank Easing Cycle To Shift To Lower Gear On Weak Forint, Says City
- 18 Feb 2014 8:00 AM
- business
Hungary’s central bank is likely to shift to lower gear in its easing cycle, potentially voting for a token rate cut of only 5 basis points, on the back of a weaker forint, London-based emerging markets economists said ahead of the Monetary Policy Council’s (MPC) Tuesday meeting.
Hungary’s NBH Likely To Cut Base Rate By 10bp Next Week - Reuters Poll
- 14 Feb 2014 8:00 AM
- business
Fully 16 of 22 analysts participating in a fresh Reuters poll expect Hungarian rate-setters will cut the bank’s base rate by 10 basis points to a new historical low of 2.75% at its rate-setting session on Tuesday, Reuters said today. Three of the analysts participating in the Reuters poll conducted between Feb.
FED Tapering Will Not Influence Hungary Monetary Policy
- 16 Jan 2014 8:00 AM
- business
The winding down of the US Federal Reserve’s asset purchase programme will not affect the monetary policy of the National Bank of Hungary, the bank’s deputy governor Ádám Balog said at a conference in Vienna. The Fed’s “tapering” will not prompt the NBH to raise the base rate, Balog told the Euromoney conference.