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State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's audited financial report. This represents a marked turnaround compared to the 2002 loss of HUF137bn, which occurred mainly due to...
#bank#funding#interest rate
Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in…
#bank#Boost#interest
The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered…
#bank#GDP#inflation
Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…
#bank#economy#inflation
Norway's central bank cut its key interest rate yesterday by 25 basis points to a new record low 2.0 per…
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…
#bank#bank loan#conference
Bank of Israel governor David Klein announced a 0.4 percent cut in the interest rates on 30 December, as was…
#bank#interest#interest rate
Federal Reserve (Fed) officials said on Friday that healthy US economic growth looks likely to continue, but low inflation means…
#bank#economy#i
Bank Negara has allocated RM800 million under a Rehabilitation Fund to provide new financing for small- and medium-sized enterprises (SMEs)…
#bank#banks#commercial finance
Sterling Bancorp (Sterling), a financial holding company and the parent company of Sterling National Bank, has reported record results for…
#bank#interest rate#leasing
The Australian economy is showing unrelenting strength, with forward orders and capital expenditure accelerating in trend terms through the September…
#bank#inflation#interest rate
Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the…
#interest#interest rate#small business
The Norwegian Krone has greatly strengthened and has reached its highest level since June. This may force The Norwegian Central…