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Latest Central Europe Banking News

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  • Hungary's central bank cuts rates 23 Nov 2009 20:23 GMT
    ... | Last updated: November 23 2009 14:29 Hungary’s central bank on Monday cut interest rates for ... in monetary easing since July. Global central banks are beginning to unwind emergency liquidity measures and countries ...

  • Hungarian central bank cuts key interest rate half a point to 6.5 pct, lowest since June 2006 23 Nov 2009 14:35 GMT
    ... (AP) - The National Bank of Hungary said Monday that it ... was widely anticipated and means that Hungary's central bank has now reduced its benchmark rate by a ... Central and Eastern Europe, such as the Czech Republic, Slovakia and Lithuania, posted growth in ...

  • Hungary Central Bank Cuts Key Rate To 6.5 Percent 23 Nov 2009 14:50 GMT
    ... The National Bank of Hungary said Monday that it has ... was widely anticipated and means that Hungary's central bank has now reduced its benchmark rate by a ... Central and Eastern Europe, such as the Czech Republic, Slovakia and Lithuania, posted growth in ...

  • Hungary Central Bank Lowers Key Policy Rate As Expected 23 Nov 2009 15:16 GMT
    ... Hungary Central Bank Lowers Key Policy Rate As Expected (RTTNews) - Monday, the Hungarian central bank ...

  • DIARY - European Central Bank (ECB) events to December 2009 17 Nov 2009 13:00 GMT
    ... This diary includes speeches and public appearances by members of ... diaries, please double-click on: [CEN/DIARY] - Major central bank events for 2005 [IND/DIARY] - Index ... President Jean-Claude Trichet speaks at 19th European Banking Congress on "After the Crisis" (1030 GMT) ...

  • Russia's GDP to grow 3-4% in 2010 - Central Bank 24 Nov 2009 08:53 GMT
    ... SALZBURG, November 24 (RIA Novosti) - Russia expects its ... in 2009 and grow 3-4% next year, Central Bank First Deputy Chairman Alexei Ulyukayev said ... a Russian economic and financial forum in Austria. Ulyukayev said the Russian economy was demonstrating ...

  • Russia's central bank lowers interest rates to 9% 24 Nov 2009 10:32 GMT
    ... FRANKFURT (MarketWatch) -- Russia's central bank lowered its refinancing rate by 50 ... a Russian economic and financial forum in Austria, according to the report. In Moscow, the ...

  • Jordan's central bank to continue dinar-dollar peg 22 Nov 2009 15:11 GMT
    ... Singapore - A Singapore court on Wednesday sentenced ... immediate effect, foreign investors cannot put ... Warsaw - Poland wants to reduce its deficit by reducing ...

  • Hungary's central bank lowers rates to 6.50% 23 Nov 2009 13:27 GMT
    ... U.S. stock futures and a broad swathe of commodities move higher on Monday, as comments from ...

  • Financial: Hungary Central Bank Lowers Key Policy Rate As Expected 23 Nov 2009 15:15 GMT
    ... By using this web site you agree to its terms and conditions. Before deciding to invest ...

  • What does the future hold for Hungary's K&H Bank? - Portfolio.hu Interview 18 Nov 2009 16:04 GMT
    ... group considers the Visegrad Four (i.e. the Czech Republic, Hungary, Poland and Slovakia), as well ... financial sector. We will continue to offer banking and other financial services just like before. P.: There ... portfolio. The average P/E ratio of CEE banks (excluding Raiffeisen's outstanding figure) is around 15, while ...

  • Slovakia - Factors To Watch on Nov 16 16 Nov 2009 07:54 GMT
    ... BRATISLAVA, Nov 16 (Reuters) - Here are news stories, ... deficits in line with each other, European Central Bank Governing Council member Ivan Sramko said on Friday. ... news: Slovak equities E.Europe equities Slovak money Czech debt Slovak Indicators Emerging forex Eastern European ...

  • Most popular eastern ski hubs are Krakow, Sofia, Bratislava and Ljubljana 19 Nov 2009 11:17 GMT
    ... in Poland, Sofia in Bulgaria, Bratislava in Slovakia and Ljubljana in Slovenia. The trends reflect ... true that most resorts in Eastern and Central Europe are smaller than large interlinked areas ... cosy family run hotel right on the banks of Bohinj. Nightlife here is quiet – so ...

  • KBC has not yet decided on Hungary listing plan -CEO 18 Nov 2009 16:54 GMT
    ... will decide about a potential listing of a stake ... said. K&H Bank is the second largest commercial bank in Hungary after OTP Bank according to the Banking Association. It will publish its third quarter ...

  • Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
    ... percent slump in the second quarter. The central bank forecasts an economic contraction of 6.7 percent this ... Hungary’s interest rate cuts are trailing central banks such as the U.S. Federal Reserve and the European Central ... in the region including Poland and the Czech Republic because policy makers looked to defend ...

  • Czech Republic - Factors To Watch on Nov 16 16 Nov 2009 07:53 GMT
    ... PRAGUE - The Czech cabinet to hold a session. News PRAGUE ... the end of 2009. CBANK MINUTES: Czech central bank chief Zdenek Tuma was again outvoted by the ...

  • Banks remain healthy despite fall in profits 22 Nov 2009 23:14 GMT
    ... THE SLOVAK banking sector has not been critically hurt by ... the global financial crisis. None of the banks operating in Slovakia have gone bankrupt or needed ... as cited by the SITA newswire. The central bank ascribes the fall in profits to ...

  • Hungary's investment climate worrying -diplomats 19 Nov 2009 09:57 GMT
    ... BUDAPEST, Nov 19 (Reuters) - Nine embassies based in Hungary ... that of its regional peers Poland, the Czech Republic and Slovakia. Hungary has lagged in ... equity investment and reinvested profits, according to central bank data. In the first half of 2009 this ...

  • KBC's Czech unit minority stake listing seen in 2010 18 Nov 2009 12:15 GMT
    ... PRAGUE, Nov 18 (Reuters) - The listing of a 30 to 40 percent 's Czech unit CSOB will take place in 2010 ... a restructuring plan set out by Belgian banking and insurance group KBC in return for state aid. ...

  • Largest foreign banks in Hungary pledge support to local units - IMF 20 Nov 2009 08:15 GMT
    ... and the IMF met with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks ... the World Bank Group and the European Central Bank (ECB). The purpose of this meeting ... maintaining adequate capital in their subsidiaries; the banking system's capital adequacy ratio was 13% in ...

  • Islamic Finance briefs: BNM may allow 2 foreign banks 23 Nov 2009 00:31 GMT
    ... in November 2009, confirmed that two foreign banks have been short listed by Bank Negara Malaysia, the central bank, in their applications for new Islamic banking ... and the widely-respected and most senior central banker in world finance, was named with five ...

  • UPDATE 1-IMF says Hungary loan deal on track, govt upbeat 16 Nov 2009 17:36 GMT
    ... BUDAPEST, Nov 16 (Reuters) - Hungary has gained approval from ... the IMF said it could not afford. Central bank deputy Governor Ferenc Karvalits said Hungary's consolidation programme ... unchanged, Oszko said. Neighbouring Slovakia and nearby Czech Republic already clawed their way out of ...

  • INVTERVIEW-Czech rates could change either way-cbanker 18 Nov 2009 10:54 GMT
    ... 18 (Reuters) - The next move in Czech interest rates could either be a cut ... a risk inflation could rise above expectations, central bank Vice Governor Mojmir Hampl said. The bank has ... target from -0.2 percent in October. Central banks in the region are either in an easing cycle or ...

  • Hungary c.bank should do more for growth-opposition 24 Nov 2009 11:33 GMT
    ... BUDAPEST, Nov 24 (Reuters) - Hungary's central bank should take more responsibility for growth ... of fighting the crisis than other central banks in the world. 'Instead of hiding behind law and inflation ... Matolcsy added that Hungarian ownership of the banking sector should rise to about from about ...

  • Slovakia - Factors To Watch on Nov 19 19 Nov 2009 08:54 GMT
    ... in favor of selected candidates. Corruption in Slovakia continues to rise, Transparency International's index of ... its regional peers, Hungary, Poland and the Czech Slovaks banks were forced to re-issue hundreds of debit and credit ...


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