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Central & Eastern Europe Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central & Eastern Europe Banking.
Latest Central & Eastern Europe Banking News
- CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM 26.11.2009 25 Nov 2009 11:33 GMT
... CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM ... Change, % Australia (Dollar) 1 26.7036 0.911 Belarus (Rubel) 1000 10.5038 -0.490 Denmark (Krone) 10 ...
- Euro adoption not in sight for Hungary because of bulging debt - EBRD Director 25 Nov 2009 08:48 GMT
... Although the Hungarian government is fiscally prudent, it has a ... would set a target date next year. Central bank (NBH) Governor András Simor said last ... communist countries that have made the switch. Estonia may be next in line, with the ...
- Estonian investment banker Norberg, who mediated Dienas mediji sale in Latvia, targeted by debt collectors 25 Nov 2009 11:31 GMT
... "However, I would not like to give longer ... to work for the family of Rowland bankers, he left behind some "trails". I am ... the possible acquisitions were related to in Estonia and Lithuania. "New sale is coming," said ...
- FBI enquires into Czech lease, planned purchase of Gripens-server 25 Nov 2009 09:11 GMT
... flow of money aside the official payments, Czech server Aktualne.cz says today. It says the ... whom Erste, which has a New York banking licence, dismissed earlier this year. The two ... the accounts of Erste or its subsidiary. Banks should know their clients and should monitor their ...
- German banks could face 90 bln eur more in write-downs-Buba 25 Nov 2009 12:34 GMT
... FRANKFURT, Nov 25 (Reuters) - German banks face up to 90 billion euros ($134.2 billion) more in ... its latest Financial Stability Report, the German central bank said financial institutions had already made ... often proved especially severe and persistent.' German banking association BdB warned this week that when ...
- Neelie Kroes European Commissioner for Competition Policy Hungary and the EU: better together Address at conference organised by the Hungarian Competition Authority - GVH Budapest, 25th November 2009 25 Nov 2009 11:32 GMT
... bring to discussions about the relationship between Hungary and the EU. It doesn't matter when ... and VISA but also on 8 Hungarian banks who agreed to charge the same interchange fees ... have avoided the collapse of the EU's banking and financial system and have been instrumental ...
- Hungary faces persistently low inflation, slow recovery - c.bank 25 Nov 2009 11:16 GMT
... As economic recession is likely to keep price and wage ... intentions in check for a long term, Hungary should expect a persistently low inflationary environment, ... low inflationary environment, the staff of Hungary's central bank (NBH) said in the bank's quarterly ...
- Rough road lies ahead of Hungary if it wants to meet deficit targets - c.bank 25 Nov 2009 12:54 GMT
... Without further temporary spending reduction measures Hungary's public sector deficit is likely to overshoot ... come in at 4.0% in 2009, the central bank (NBH) projected in its latest Report ... pointed out by a number of investment banks lately. Based on the NBH's assumptions, the quantified balance ...
- Slovakia - Factors To Watch on Nov 25 25 Nov 2009 09:03 GMT
... BRATISLAVA, Nov 25 (Reuters) - Here are news stories, ... and events to watch which may affect Slovak financial The central bank will publish preliminary September current Government ...
- Hungary needs to boost low growth potential - Király 25 Nov 2009 11:35 GMT
... Hungary's biggest "risk point" is its low growth ... financial crisis engulfed the country last year, central bank (NBH) Deputy Governor Júlia Király told ...
- Hungarian cbank warns of higher 2010 budget deficit 25 Nov 2009 11:35 GMT
... BUDAPEST, Nov 25 (Reuters) - Hungary's central bank (NBH) said on Wednesday the country's 2010 budget deficit would hit 4.3 percent ...
- Ukraine sovereign rating unchanged in aftermath of railway loan default 25 Nov 2009 11:13 GMT
... sovereign credit rating for the government of Ukraine. The company, Ukraine Rail (Ukrzaliznytsia), defaulted on ... for outstanding debt of quasi-sovereign corporates and banks. The authorities seem to prefer to conserve foreign ... B2 rating incorporates weak macroeconomic fundamentals, a banking system that remains under strain, and distinctly ...
- Sofia Court Halts Notorious Bulgaria Energy Tycoon Trial 25 Nov 2009 10:16 GMT
... Sofia Court Halts Notorious Bulgaria Energy Tycoon Trial Bulgaria's energy tycoon, Hristo ... diverse business interests, ranging from manufacturing to banking and from energy to retail. He owns ...
- Bulgaria Hotel Owners Set up Own Bank 25 Nov 2009 10:33 GMT
... Bulgaria Hotel Owners Set up Own Bank The President ... two per cent lower than the commercial banks. Ragin believes that those reluctant to join ...
- iPhone bankers bitten by worm 25 Nov 2009 04:30 GMT
... Another iPhone worm has stuck its head out ... which phones home to a site in Lithuania, on its blog ...
- Moody's: Ukraine's sovereign rating unchanged in aftermath of railway loan default 25 Nov 2009 10:36 GMT
... for outstanding debt of quasi-sovereign corporates and banks. The authorities seem to prefer to conserve foreign ... B2 rating incorporates weak macroeconomic fundamentals, a banking system that remains under strain, and distinctly poor ...
- EMERGING MARKETS-Up after Fed report; rouble eases 25 Nov 2009 11:51 GMT
... World stocks were higher after the U.S. central bank in the minutes of its latest meeting ... Siegenthaler. Siegenthaler said talk by emerging central banks about steps to cap currency strength is weighing on ... rate cut and comments from a central banker and the finance minister. Tuesday's rate cut ...
- SEB: SEB first Nordic bank to offer cross-border trade settlement and off-shore ac... 25 Nov 2009 07:54 GMT
... SEB: SEB first Nordic bank to offer cross-border trade ... year, we can offer a complete corporate banking solution within Cash Management, Trade Finance, Foreign ... Sweden, Germany and the Baltic countries - Estonia, Latvia and Lithuania. It also has local ...
- BUNDESBANK OFFICIAL SAYS EXCHANGE RATE NOT ISSUE FOR GERMANY, MORE EXPORT COMPETITIVENESS 25 Nov 2009 12:34 GMT
... FRANKFURT, Nov 25 (Reuters) - German banks face up to 90 billion euros ($134.2 billion) more in ... its latest Financial Stability Report, the German central bank said financial institutions had already made ... often proved especially severe and persistent.' German banking association BdB warned this week that when ...
- A few things need to happen before the yellow fever cools off 25 Nov 2009 05:37 GMT
... tiny island of Mauritius became the third central bank to buy gold in the past ... bullion bulls, the implication is clear: central banks no longer trust the creditworthiness of other governments. And ... that even the Icelandic króna and the Latvian lats have been rallying against it, which ...
- How much longer can gold rise? 25 Nov 2009 05:58 GMT
... tiny island of Mauritius became the third central bank to buy gold in the past ... bullion bulls, the implication is clear: central banks no longer trust the creditworthiness of other governments. And ... that even the Icelandic króna and the Latvian lats have been rallying against it, which ...
- ECB's Sramko says econ to grow above pvs fcasts 25 Nov 2009 12:13 GMT
... POPRAD, Slovakia, Nov 25 (Reuters) - The euro zone ... forecast in both 2009 and 2010, European Central Bank governing council member Ivan Sramko said ...
- UPDATE 1-Polish c.bank keeps rates flat, as expected 25 Nov 2009 12:54 GMT
... WARSAW, Nov 25 (Reuters) - Poland's central bank kept interest rates unchanged on Wednesday, in line with analysts' expectations that the ...
- Fio, I.F.B. among Orco's new shareholders 25 Nov 2009 08:59 GMT
... is one of the biggest developers in central Europe. According to the latest available information, its ... controlling 12.3 percent of shares. However, the banks to which he had pledged his stake have ... Treasury shares0.13 % Copyright 2009 by the Czech News Agency (ÄŒTK). All rights reserved. Copying, dissemination or ...
- Deere Completes Profitable Year in Face of Historic Economic Slowdown (CNW) 25 Nov 2009 12:30 GMT
... livestock, dairy and grain sectors. Sales in Central Europe and the Commonwealth of Independent States are ... and expected slow recovery, changes in governmental banking, monetary and fiscal policies to restore liquidity and ... U.S. Federal Reserve Board and other central banks; actions by the ; actions by environmental, health ...
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