Banking

Debate on Hungarian ’Bank Tax’, Pros and Cons

"The special tax to be levied on domestic financial institutions, at the extent planned by the government, can reduce the domestic banking system's ability to attract capital and lend.


OTP Bank Injects EUR 35 Million into Unit in Montenegro

OTP Bank on June 28 said it decided on a EUR 35 million capital raise at its CKB unit in Montenegro.


City Acknowledges Hungary as a ’Top Fiscal Performer’

Hungarian fiscal conditions and economy are “healthy in a regional or even pan-EU context,” according to BNP Paribas in London.


Monetary Council Decides to Leave Central Bank Rate Unchanged

At its meeting on June 21, 2010 the Monetary Council of the Magyar Nemzeti Bank left the 5.25pct central bank base rate unchanged.


Monetary Council Leaves Central Bank Base Rate Unchanged

At its meeting on May 31, 2010, the Monetary Council of the Central Bank left the central bank base rate unchanged at 5.25 pct, as expected.


PRESS MONITOR

International news sources report on Hungarian business and banking.


Surplus Liquidity of the Banking Sector Continues to Increase

In April 2010, surplus liquidity of the banking sector continued to increase.


News Monitoring