UniCredit Jelzalogbank, the mortgage unit of UniCredit Bank Hungary, plans a HUF 100bn (EUR 366mn) bond issue, which will be privately placed or offered on the Budapest stock exchange (BSE), MTI news agency reported. The bond issue programme will last over one year, starting February 24, 2011. Balance sheet data as at December 2010 shows that the liabilities position of UniCredit Jelzalogbank in mortgage-backed bonds stands at HUF 74.9bn. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more