National Bank of Hungary definition

National Bank of Hungary means Magyar Nemzeti Bank, the central bank of Hungary or any other entity which, from time to time, acts as a central bank of Hungary, as the case may be;
Sample 1Sample 2Sample 3
National Bank of Hungary. ’ means the National Bank of Hungary or any other entity which, from time to time, acts as a central bank of the Republic of Hungary, as the case may be;
Sample 1Sample 2

Examples of National Bank of Hungary in a sentence

  • Information on the rules of procedure of the National Bank of Hungary concerning VIBER payment transactions9.

  • Other provisions at 31 December 2019 included EUR 242 thousand for a penalty expected to be imposed by the National Bank of Hungary (MNB) as a result of its comprehensive audit at the Group’s insurance company in the year of 2019.

  • The debt of the general government sector – according to data of the National Bank of Hungary – came to 73.3% of GDP at the end of 2022, which was 3.3 percentage points lower than one year earlier.

  • Monetary assets and liabilities denominated in foreign currencies are translated into HUF at exchange rates quoted by the National Bank of Hungary (“NBH”) as at the date of the financial statements.

  • Separate Financial Statements in accordance with IFRS as adopted by the EU is published on the homepage of the Bank, on the homepage Budapest Stock Exchange (http://www.bet.hu), furthermore on the website of the National Bank of Hungary (www.kozzetetelek.hu).The Bank‟s registered office address is Nádor u.

  • The National Bank of Hungary granted a grace period of 12 month for the Hungarian commercial banks regarding the introduction of Strong Customer Authentication in case of card not present purchases with bankcards.

  • The National Bank of Hungary granted a grace period of 12 month for the hungarian commercial banks regarding the introduction of Strong Customer Authentication in case of card not present purchases with bankcards.

  • Events in Hungary are being organised by the Hungarian Banking Association in col- laboration with the Pénziránytű (Money Compass) Foundation of the National Bank of Hungary, the Ministry of Human Capacities, the Ministry for National Economy and the State Audit Office.

  • On the current amount of any debit balance generating in the Hungarian forint current account due to the delayed payment or non-payment of the accountholder, the Bank shall charge a default interest equalling the base rate of the National Bank of Hungary + 7% p.a. from the date of the default (calculated on a 365/360 basis).

  • The first step was made in 1987 when both central banking and commercial banking functions of National Bank of Hungary were separated and, instead of a monobank system, a two-tired banking system was created with the establishment of three state-owned commercial banks.10 < Table 2 here > Table 2 illustrates that the total number of operating banks has been stable in the Hungarian banking sector.

Related to National Bank of Hungary

  • National bank means a national banking association

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Instrument or, as the case may be, Coupon.

  • Citibank means Citibank, N.A., a national banking association.

  • Bank Office means the designated office for payment of the Bank as indicated on the signature page hereof. The Bank will notify the Issuer in writing of any change in location of the Bank Office.

  • Xxxxx Fargo Bank means Xxxxx Fargo Bank, National Association.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Additional Bank has the meaning set forth in Section 2.17(b).

  • JPMorgan Chase means JPMorgan Chase Bank, N.A.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of the central banking and also includes its successors;

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • PLC means Programmable Logic Controller;