Tag: interviews

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Hungary's OTP to buy one more bank in Slovenia and then take five

May 2, 2019, 3:14 pm
Hungary’s OTP plans to buy one more bank in Slovenia and then hang up the gloves for a while, Chairman-CEO Sándor Csányi told news portal index.hu in an interview published on Thursday. He said he... 

The harmful addiction that claimed the lives of almost 1 mn people in Hungary

April 1, 2019, 2:32 pm
Every year, we lose the equivalent of the population of a small town because of smoking, which is a major demographic problem for a country naturally decreasing in numbers. According to the latest figures... 

Massive shift of wealth is in progress globally

March 14, 2019, 3:36 pm
Within a decade, the Y and Z generations will have greater assets than all the other generations combined. And in the meantime, the older generations are also increasingly opening towards the digital world... 

From retirement bonds to home insurances - Will the Hungarian gov't upset the whole scene?

March 6, 2019, 12:01 pm
The new retirement bond envisaged by the Hungarian government is unlikely to seize an overly large chunk of the market from participants of the Hungarian pension insurance market. In fact, another option... 

Hungary is still facing serious risks even after upgrade - S&P

February 19, 2019, 1:00 pm
Although Standard & Poor’s upgraded Hungary’s credit ratings last Friday, risks to the economy remain and these would need to be managed by additional measures, the Sovereign Credit Analyst... 

Romanian private medical firm eyes Hungary too for potential acquisition

December 17, 2018, 5:55 am
It is time we looked beyond the borders of our country, stated the founder/co-owner of Romania’s largest medical service provider in an interview with Portfolio. Mihai Marcu has named specific countries... 

Retail banking to be the next target of innovative fintech firms

December 12, 2018, 8:35 am
Innovative fintech firms are about to target retail banking after having disrupted the international payments space. It appears, however, that the competition for this business will not be as intense... 

Hungary's Orbán makes "confession" about wage hike plans

December 7, 2018, 3:43 pm
Hungary’s Prime Minister Viktor Orbán has addressed economic growth, wage hikes in the public sector and the expected direction of economic policy in his regular interview with public radio MR1 on... 

Star economist reveals what Hungary needs to catch up with Austria

November 23, 2018, 8:42 am
Hungary is on the right track to converge with Western Europe, however, policymakers will need to maneuver carefully to avoid overheating the country’s economy, according to Ludovic Subran, Global... 

Gerendai and partners buy into world-famous Hungarian success story

November 22, 2018, 6:00 am
Károly Gerendai, one of the founders of Hungary’s world-famous Sziget Festival, and his former fellow owners of Sziget Ltd. ventured into a whole new area and are trying themselves in the realm of... 

U.S. rate hike top concern, Hungary doing well - Commerzbank chief economist

October 18, 2018, 2:44 pm
Dr Marco Wagner, senior economist with Germany's Commerzbank, will hold the keynote speech at Portfolio's Business and Finance conference in November, where the award for CFO of the year will also be presented.... 

Even if EU funds dry up, Hungary's debt manager has large enough buffer

October 11, 2018, 4:36 pm
Hungary’s Government Debt Management Agency (ÁKK) has a buffer of over 700 billion forints in case EU funds do not get transferred from Brussels this year, Chief Executive György Barcza told Portfolio... 

Raiffeisen CEO: We will not forget what happened to us!

October 5, 2018, 10:16 am
The bank he manages has assets greater than the assets of the entire Hungarian banking sector or the annual GDP of Hungary. He commutes to Vienna from Burgenland every day, and often visits Hungary. He... 

Intesa Sanpaolo sees interesting opportunities in Hungary - Chairman

September 19, 2018, 10:00 am
Increasing profits is the greatest challenge for banks in Europe, and covering capital costs is also difficult for them. For Intesa Sanpaolo, which has joined the strategies rethinking process, this offers... 

Unprecedented EU decision prevents Hungary from losing more funds

July 25, 2018, 5:13 am
It is important to recognise that the European Commission has taken an unprecedented measure to limit financial losses for member states and without these Hungary would also lose much more than 24% beyond... 

Hungary's Orbán cost Erste a lot of money, CEO Treichl says

July 16, 2018, 11:14 am
66 years old and at the helm of Vienna-based Erste Group for 21 years, Andreas Treichl says he would do a few things differently if he could go back in time. In an interview with the Financial Times, he... 

Italian insurance giant may make acquisitions in Hungary too

June 15, 2018, 11:37 am
After acquisitions in Slovenia and Poland, Generali Group is open to such transactions in Hungary too if the price is right, but it primarily aims for organic growth on this market. Besides the regional... 

Hungary Fiscal Council advises cabinet against tapping reserves

June 12, 2018, 3:36 pm
Hungary’s Fiscal Council believes the government’s GDP growth target for 2019 is ambitious, but if domestic consumption keeps growing at a fast pace and economic growth in the European Union... 

Financial geniuses and special background enablers at Hungarian companies

April 9, 2018, 4:36 pm
CFOs work day and night, while success is typically reaped by top executives. By supporting the “CFO of the Year" award — to be conferred at Portfolio’s Business and Finance Summit conference... 

Exclusive: world famous economist thinks it is not a trade war, but a game

March 23, 2018, 11:40 am
I hope there is no realistic chance of a global trade war despite the import tariffs announced by US president Donald Trump - said Willem Buiter, former Chief Economist of Citigroup to Portfolio. If... 
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