Tag "bankok"

The pandemic has sparked up digital banking

The pandemic situation has accelerated the digitization of banking use and transformed previous habits. At Erste Bank, the number of digitally active customers jumped, the number of transactions in NetBank...

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MNB: only solution is lending now

The only rational solution on the part of banks in the current epidemic situation is lending, Nagy Márton, Vice President of the Magyar Nemzeti Bank (MNB) said at the Portfolio’s...

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Magazine: PayTechShow: Payment in just a second

The PayTechShow was organised for the first time in October, and its objective was to discuss the future of electronic payment services. Participants worked in three sections, there were nearly...

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How the transition will change global finance

Trillions of dollars of debt and derivatives products are likely to continue referencing IBOR after 2021, but IBORs and ARRs are different. The transition from IBORs to ARRs will impact...

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The new program of the MNB calls for environmentally conscious banking

The Green Program of the Hungarian National Bank (MNB) encourages environmentally conscious “Banking” – Binder István, MNB’s spokesman told M1 news channel on Tuesday. He added that the MNB would...

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The weight of agriculture need to be increased in bank lending

The agricultural sector can be the break out point of the banking world in the coming years, therefore, to increase the share of agricultural companies need to be increased in...

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MNB: there are substantial differences at the banks’ Christmas credit costs

In addition to the credit interest rates, the mandatory related financial products, the additional services and late payments may result in significant additional costs at the small Christmas consumer loans...

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The number of commercial credits increase before Christmas

From the point of view, consumer lendings, the period before Christmas is traditionally strong. Most people are looking for goods and overdrafts, but credit cards are also commonly used in...

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The government expects the banks to pick up small business loans in exchange for the tax reduction

Rogán Antal, the parliamentary group leader of Fidesz, mentioned the condition of the bank tax reduction that the banks to start up the lending to the small and medium-sized enterprises,...

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