CIB Bank

Type: Company
Name: CIB Bank
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Fitch downgrades K&H and Erste Bank Hungary

, 11:10 AM CETInternational financial credit rating service Fitch Ratings yesterday said it downgraded the long-term issuer default rating of both Hungarian institutions – K&H Bank and Erste Bank – to 'BBB-' from 'BBB', while keeping the outlooks for ... [Published Budapest Business Journal - Oct 17 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Forint further down on interbank market

The forint was trading at 308.08 to the euro late Thursday on the interbank forex market, down from 307.44 late Wednesday. At 307.35 to the euro early Thursday, the forint moved between 306.84 and 309.67, a ten-day low, further away from last Friday's ... [Published Budapest Business Journal - Oct 16 2014]
First reported Oct 08 2014 - Updated Oct 08 2014 - 1 reports

Hungary's inflation eases back to negative terriotory in Sept - analysts

Hungary’s consumer prices dropped 0.2% year on year in September 2014, after a 0.2% rise in August, according to the consensus forecast of analysts polled by Portfolio.Every analyst in our poll forecast that Hungary’s 12-month CPI reading will be negative ... [Published TeleTrader.com - Oct 08 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Commercial lenders partner with Eximbank

Nine commercial lenders agreed with Eximbank on leasing packages available in the framework of its export-boosting credit program.Eximbank CEO Roland Natran signed the agreement today with the heads of the banks (Budapest Bank, CIB Bank, Erste Bank, FHB ... [Published Budapest Business Journal - Oct 06 2014]
Entities: Bank, MKB Bank, CIB Bank
First reported Oct 01 2014 - Updated Oct 01 2014 - 1 reports

CIB Group announces another Online Property Auction

, 9:00 AM CETThe CIB Group – as the first in the Hungarian market to do so – launched a comprehensive programme in 2013 for the resale, in an online auction, of the properties under its ownership. The success of the initiative is also contributing substantially ... [Published Budapest Business Journal - Oct 01 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Secret meetings: Hungarian gov't out to take over more banks?

“The state will come in two weeks but we don’t know yet who will manage the bank," an executive at MKB Bank told Hungarian weekly Figyelő, which also reported in its Thursday issue that senior government officials have been in talks with Austrian bankers ... [Published TeleTrader.com - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

INTESA SANPAOLO : Dr Pàl Simàk appointed as new Chairman of the Management Board and Ceo of Cib BAnk

Notice pursuant to art. 84 of Issuers' Regulation(adopted by Consob with resolution no. 11971 of 14 May 1999 and subsequent amendments)INTESA SANPAOLO: MERGER BY INCORPORATION OF BANCA DI CREDITO SARDO S.P.A. ANDCASSA DI RISPARMIO DI VENEZIA S.P.A. INTO ... [Published 4 Traders - Sep 17 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

Court postpones ruling on CIB Bank loan contracts

, 2:00 PM CETThe Municipal Court of Budapest on Monday postponed a ruling on loan contracts of CIB Bank until September 30, Hungarian news agency reported today.The court rejected the bank's request to suspend the case and turn to the Constitutional Court ... [Published Budapest Business Journal - Sep 15 2014]
First reported Sep 10 2014 - Updated Sep 11 2014 - 1 reports

Hungary's inflation seen in positive territory again in August - Portfolio Poll

Hungary’s consumer prices continued to rise in August, according to analysts polled by Portfolio. Their consensus estimate for August CPI came to 0.2-0.3% yr/yr. Hungary’s inflation returned to positive territory in July after three months and the market ... [Published TeleTrader.com - Sep 10 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

Currencies slip as US tightening, Ukraine risks weigh

Wednesday, 10 September 2014 15:05Posted by Shoaib-ur-Rehman SiddiquiBUDAPEST: Central European currencies eased early on Wednesday, with concerns over the start of US monetary tightening, the fragile situation in Ukraine and prospects of further rate ... [Published Business Recorder - Sep 10 2014]

Quotes

"These hinder Fitch's confidence that the banks' ability to service their debt and/or parent banks' readiness to continue providing support would withstand a sovereign default" the ratings agency added
"There are a series of factors at the moment that are, so to say, not supportive for the forint" a dealer in Budapest said

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Fitch downgrades K&H and Erste Bank Hungary [Published Budapest Business Journal - Oct 17 2014]
Eurozone inflation drops to five-year low [Published Business New Europe - Oct 17 2014]
Forint further down on interbank market [Published Budapest Business Journal - Oct 16 2014]
Hungary's inflation eases back to negative terr... [Published TeleTrader.com - Oct 08 2014]
Commercial lenders partner with Eximbank [Published Budapest Business Journal - Oct 06 2014]
CIB Group announces another Online Property Auc... [Published Budapest Business Journal - Oct 01 2014]
Secret meetings: Hungarian gov't out to take ov... [Published TeleTrader.com - Sep 18 2014]
INTESA SANPAOLO : Dr Pàl Simàk appointed as new... [Published 4 Traders - Sep 17 2014]
Court postpones ruling on CIB Bank loan contracts [Published Budapest Business Journal - Sep 15 2014]
Hungary's inflation seen in positive territory ... [Published TeleTrader.com - Sep 10 2014]
Currencies slip as US tightening, Ukraine risks... [Published Business Recorder - Sep 10 2014]
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