KBC: After introducing new monetary tools, MNB will keep rates unchanged next weekFxtraders.euWe expect that the MNB will keep interest rates unchanged at the next week's meeting as headline inflation accelerated to above 5% Y/Y on VAT hike. Further tightening does not look needed now, but definitely the VAT hike does not seem to pass on ...
MNB to offer 2-year collateralized loan, mortgage bond buyback to prop up lendingBudapest Business JournalThe National Bank of Hungary (MNB) said it would offer banks two-year collateralized loans, will accept more securities as collateral and will launch a new universal mortgage bond purchase scheme in order to offset the recent weakening of the lending ...and more »
MNB, BankEast eyed by firm: Talks that included MNB buying BankEast ended mid-2011The Mountain PressAs BankEast faced impending failure, which finally caught up to it in dramatic fashion on Friday as state officials closed its Knoxville headquarters, Mountain National Bank (MNB) considered a buy that could have avoided that.and more »
MNB rate-setters divided over January rate decision, minutes showBudapest Business JournalMNB governor András Simor, and deputy governors Ferenc Karvalits and Júlia Király voted to raise the rate, but were outvoted by external members Andrea Bártfai-Mager, János Cinkotai, Ferenc Gerhardt and György Kocziszky.
NATIONAL WESTERN LIFE INSURANCE CO FILES (8-K) Disclosing Amendment or Waiver ...Insurance News Net (press release)On February 16, 2012 , the Company's Audit Committee of the Board of Directors authorized management of the Company to execute a Participation Agreement ("Agreement") with Moody National Bank ("MNB") under which the Company would acquire an undivided ...
