News on Hungarian business, financing and banking from international news sources.
Intesa To Put USD 209 Million into Hungary Unit Cib
June 22, 2009 Reuters
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLM47423920090622
CIB Bank, one of Hungary's four biggest commercial banks by assets, will increase its capital by HUF 42.181 billion (USD 208.6 million) to HUF 105 billion, it said in a statement on Monday
Hungary PM Nominates Farkas to Succeed Farkas at the Helm of Markets Watchdog
June, 23, Portfolio
http://www.portfolio.hu/en/cikkek.tdp?k=2&i=17878
Hungary's Prime Minister Gordon Bajnai has named Ádám Farkas as the successor of István Farkas, outgoing head of financial markets watchdog PSZÁF, the Government Spokesman's Office has announced on Tuesday
IMF Offered Hungary New Financing But No Talks-Govt
June, 23 Forbes
http://www.forbes.com/feeds/afx/2009/06/23/afx6575347.html
Forbes published a Reuters report on IMF approaching Hungary with an offer to continue its financing deal with the country once the current package runs out but Hungary is not in talks to extend the financing deal, Finance Minister Peter Oszko said.
