Banking

Banking

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

Banking

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Banking

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

Banking

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

Banking

EIF, Raiffeisenbank to support coronavirus-hit SMEs in Bulgaria

Raiffeisenbank Bulgaria signed a new guarantee deal with the European Investment Fund (EIF) for an additional EUR 130 million in...

Banking

Hungaryʼs VAT gap falls to 6.6%, below Austria, Denmark

Hungaryʼs VAT gap, the difference between expected VAT revenue and that actually collected, fell to 6.6% last year from 21%...

Banking

Pandemic provisions bite into K&H earnings

K&H Bank, the Hungarian unit of Belgiumʼs KBC, made HUF 22.6 billion in provisions in the first half, reducing after-tax...

Banking

Hungarians setting longer-term goals

The coronavirus epidemic has enhanced the role of saving, setting medium- and long-term financial goals, and creating lasting financial security,...

Banking

Czech govʼt to lower income tax for low and medium income groups

The Czech government has approved a proposal for the abolition of the so-called "super gross" wage which would significantly lower...

Banking

Half of corporate tax returns received

Almost half of corporate tax returns have already been received by the tax office, although more than 150,000 companies still...

Banking

MKB books Q2 loss of HUF 3.8 bln

MKB Bank had a second-quarter loss of HUF 3.8 billion, state news wire MTI says, citing an earnings report released...

Banking

Croatian companies borrowed record HRK 10 bln in April

In April, companies in Croatia borrowed HRK 10 billion (EUR 1.328 billion) to finance overheads or rollover loans, which was...

Banking

Romaniaʼs annual bank deposits growth speeds up

The deposits of the non-governmental sector in Romanian banks grew 13.6% on the year to RON 383.6 billion (EUR 79...

Banking

Govʼt Securities Plus bond subscriptions rises to HUF 4.675 tln

Subscription of the Hungarian Government Securities Plus bond (MAP+) for retail investors has reached HUF 4.6749 trillion, according to weekly...

Banking

Savings Mortgage Bank reports 1.128 tln profit in first half

Savings Mortgage Bank announced the companyʼs individual after-tax profit increased by 3.4% to HUF 1.128 trillion in the first half...

Banking

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

Banking

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Banking

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

Banking

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

Banking

EIF, Raiffeisenbank to support coronavirus-hit SMEs in Bulgaria

Raiffeisenbank Bulgaria signed a new guarantee deal with the European Investment Fund (EIF) for an additional EUR 130 million in...

Banking

Hungaryʼs VAT gap falls to 6.6%, below Austria, Denmark

Hungaryʼs VAT gap, the difference between expected VAT revenue and that actually collected, fell to 6.6% last year from 21%...

Banking

Pandemic provisions bite into K&H earnings

K&H Bank, the Hungarian unit of Belgiumʼs KBC, made HUF 22.6 billion in provisions in the first half, reducing after-tax...

Banking

Hungarians setting longer-term goals

The coronavirus epidemic has enhanced the role of saving, setting medium- and long-term financial goals, and creating lasting financial security,...

Banking

Czech govʼt to lower income tax for low and medium income groups

The Czech government has approved a proposal for the abolition of the so-called "super gross" wage which would significantly lower...

Banking

Half of corporate tax returns received

Almost half of corporate tax returns have already been received by the tax office, although more than 150,000 companies still...

Banking

MKB books Q2 loss of HUF 3.8 bln

MKB Bank had a second-quarter loss of HUF 3.8 billion, state news wire MTI says, citing an earnings report released...

Banking

Croatian companies borrowed record HRK 10 bln in April

In April, companies in Croatia borrowed HRK 10 billion (EUR 1.328 billion) to finance overheads or rollover loans, which was...

Banking

Romaniaʼs annual bank deposits growth speeds up

The deposits of the non-governmental sector in Romanian banks grew 13.6% on the year to RON 383.6 billion (EUR 79...

Banking

Govʼt Securities Plus bond subscriptions rises to HUF 4.675 tln

Subscription of the Hungarian Government Securities Plus bond (MAP+) for retail investors has reached HUF 4.6749 trillion, according to weekly...

Banking

Savings Mortgage Bank reports 1.128 tln profit in first half

Savings Mortgage Bank announced the companyʼs individual after-tax profit increased by 3.4% to HUF 1.128 trillion in the first half...

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

EIF, Raiffeisenbank to support coronavirus-hit SMEs in Bulgaria

Raiffeisenbank Bulgaria signed a new guarantee deal with the European Investment Fund (EIF) for an additional EUR 130 million in...

Hungaryʼs VAT gap falls to 6.6%, below Austria, Denmark

Hungaryʼs VAT gap, the difference between expected VAT revenue and that actually collected, fell to 6.6% last year from 21%...

Pandemic provisions bite into K&H earnings

K&H Bank, the Hungarian unit of Belgiumʼs KBC, made HUF 22.6 billion in provisions in the first half, reducing after-tax...

Hungarians setting longer-term goals

The coronavirus epidemic has enhanced the role of saving, setting medium- and long-term financial goals, and creating lasting financial security,...

Czech govʼt to lower income tax for low and medium income groups

The Czech government has approved a proposal for the abolition of the so-called "super gross" wage which would significantly lower...

Half of corporate tax returns received

Almost half of corporate tax returns have already been received by the tax office, although more than 150,000 companies still...

MKB books Q2 loss of HUF 3.8 bln

MKB Bank had a second-quarter loss of HUF 3.8 billion, state news wire MTI says, citing an earnings report released...

Croatian companies borrowed record HRK 10 bln in April

In April, companies in Croatia borrowed HRK 10 billion (EUR 1.328 billion) to finance overheads or rollover loans, which was...

Romaniaʼs annual bank deposits growth speeds up

The deposits of the non-governmental sector in Romanian banks grew 13.6% on the year to RON 383.6 billion (EUR 79...

Govʼt Securities Plus bond subscriptions rises to HUF 4.675 tln

Subscription of the Hungarian Government Securities Plus bond (MAP+) for retail investors has reached HUF 4.6749 trillion, according to weekly...

Savings Mortgage Bank reports 1.128 tln profit in first half

Savings Mortgage Bank announced the companyʼs individual after-tax profit increased by 3.4% to HUF 1.128 trillion in the first half...