This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information and to register for specific events, visit the website of the organizing chamber. If you have information for inclusion on this page, send an email in English to Annamária Bálint at annamaria.balint@bbj.hu
Economic Development Minister Márton Nagy and representatives of the Hungarian Banking Association have agreed on reductions in lenders' voluntary rate caps for businesses and retail borrowers, according to a report by state news wire MTI.
The best banking institutions in retail, commercial, private and investment banking are highlighted, along with two outstanding CEOs from their regions.
Economic Development Minister Marton Nagy and representatives of the Hungarian Banking Association agreed to reduce the voluntary rate cap for working capital credit for businesses by half a percentage point to 11.5% at a meeting on Thursday, the Economic Development Ministry said, according to a report by state news wire MTI.
For the fourth year in a row, the partnership between the Hungarian Banking Association and the wider Hungarian banking community has been solidified through the Bank Blood Donor Week initiative. This year, the Hungarian National Bank (MNB) has added significant further weight to the event by collaborating with the Good Bank program.