38 result(s) for unicredit bank
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
PM’s Office Buys Landmark On Budapest Andrássy Avenue
- 31 Oct 2015 8:00 AM
- property
On behalf of the Prime Minister’s Office, state-owned bank MFB has purchased the Paris Department Store, a historic Art Nouveau building on Budapestʼs Andrássy út, for an undisclosed amount, making the “Divatcsarnok” a state-owned property once again, Hungarian online daily napi.hu reported.
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Gala Award Salon Concert, Finnish Embassy Budapest, 12 February
- 5 Feb 2015 2:00 AM
- community & culture
"The Ari S Kupsus Salon Concert Society kindly invites you and your partner to the 14th Award Ceremony and Gala Salon Concert to be held at the Embassy of the Republic of Finland (Kelenhegyi út 16/A, Budapest, District XI.), on the 12th of February, 2015, at 7pm. The Patron of the Event is His Excellency Pasi Tuominen, Ambassador of the Republic of Finland in Hungary
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
PM’s Office Buys Landmark On Budapest Andrássy Avenue
- 31 Oct 2015 8:00 AM
- property
On behalf of the Prime Minister’s Office, state-owned bank MFB has purchased the Paris Department Store, a historic Art Nouveau building on Budapestʼs Andrássy út, for an undisclosed amount, making the “Divatcsarnok” a state-owned property once again, Hungarian online daily napi.hu reported.
Erste Bank Hungary Establishes Mortgage Bank
- 5 Aug 2015 9:00 AM
- business
Erste Bank Hungary on Monday announced the establishment of its own mortgage bank. The company charter has been signed, but the unit still requires the approval of the National Bank of Hungary (NBH). The NBH requires lenders to back at least 15% of their net mortgage loans with long-term liabilities from October 1, 2016, which probably explains Erste Bank Hungary’s motivation.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Gala Award Salon Concert, Finnish Embassy Budapest, 12 February
- 5 Feb 2015 2:00 AM
- community & culture
"The Ari S Kupsus Salon Concert Society kindly invites you and your partner to the 14th Award Ceremony and Gala Salon Concert to be held at the Embassy of the Republic of Finland (Kelenhegyi út 16/A, Budapest, District XI.), on the 12th of February, 2015, at 7pm. The Patron of the Event is His Excellency Pasi Tuominen, Ambassador of the Republic of Finland in Hungary
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...