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The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP, of which OTP drew down 50 per cent (CHF 76.5 m) last week with a maturity of ten years and...
#bank#interest#interest rates
There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…
#economy
The government is launching three new loan programs in the total amount of HUF 80 billion (US$420m) to assist investments…
#bank#banks#economy
Inter-Europa Bank will take out a Ђ25m loan from parent bank SanPaolo IMI SpA under a recently signed agreement to…
Matthias Kunsch, managing director of HVB Bank Hungary announced that, contrary to earlier plans, HVB did not set up a…
Finance minister Tibor Draskovics welcomed the Monetary Council's 50 basis point rate cut on Monday, citing it as a sign…
The Act on the Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company (Act XLII of 1994) established the…
#bank#exports#guarantees
While continuing to perceive improving trends in the domestic and global economy, large Hungarian firms have somewhat tempered their optimism…
In the first half of 2004, a total Ђ422m was invested by foreign companies in Hungary through the Hungarian Investment…
#3M#investment#trade
The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…
#bank#inflation#international
Small- and medium-sized enterprises (SME) in Hungary are on course for serious competition in the free market. One of the…
The national development bank (MFB) has shed its loss-making centralised past and has become a strong financial institution solely concentrating…
Large companies were a little more cautious about their economic outlook in June, but SMEs remained optimistic, according to a…
#economic outlook#exports#inflation