The Bank of England, formally the Governor and Company



The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world, after the Sveriges Riksbank, and the world's 8th oldest bank. It was established to act as the English Government's banker, and is still the banker for the Government of the United Kingdom. The Bank was privately owned by stockholders from its foundation in 1694 until nationalised in 1946.
 

The business of banking is in many English



The business of banking is in many English common law countries not defined by statute but by common law, the definition above. In other English common law jurisdictions there are statutory definitions of the business of banking or banking business. When looking at these definitions it is important to keep in mind that they are defining the business of banking for the purposes of the legislation, and not necessarily in general. In particular, most of the definitions are from legislation that has the purpose of regulating and supervising banks rather than regulating the actual business of banking. However, in many cases the statutory definition closely mirrors the common law one. Examples of statutory definition.
 

Hungary was supposed to join the eurozone



Hungary was supposed to join the eurozone in 2010, which would have resulted in the MNB losing control of monetary policy, but central bank leaders criticized this plan, saying that the fiscal austerity requirements would slow growth.In December 2011 two of the three major credit rating agencies downgraded Hungarian debt to "junk status", due in part to changes to the Constitution of Hungary, creating doubts about the independence of the central bank.
 

The Governor of the Hungarian National Bank



The Governor of the Hungarian National Bank is appointed by the President of Hungary at the proposal of the Prime Minister for a six-year term. The most important decision-making body of the Hungarian National Bank is the Monetary Council. Its building is located in Liberty Square, in the Inner City of Budapest, next to the U.S. Embassy building.
 

As we grow up: we use condoms National Bank of Hungary



In the Austria-Hungary era the Austro-Hungarian Bank was the central bank of the Monarchy, but after World War I, it was dissolved and the new Royal Hungarian State Bank was established. The first independent Hungarian central bank, the National Bank of Hungary, commenced operations on 24 June 1924, in the form of a company limited by shares.[2] Hungary's Central Bank Act founded the Hungarian National Bank.
 

The Danske Bank group operates a number of local banks



Danske Bank is a Danish bank. The name literally means "Danish Bank". It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen). Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers.[2] Danske Bank was number 454 on the Fortune Global 500 list for 2011.
 

Asia clip video watch click here nov



Assets of the largest 1,000 banks in the world grew by 6.8% in the 2008/2009 financial year to a record US$96.4 trillion while profits declined by 85% to US$115 billion. Growth in assets in adverse market conditions was largely a result of recapitalization. EU banks held the largest share of the total, 56% in 2008/2009, down from 61% in the previous year. Asian banks' share increased from 12% to 14% during the year, while the share of US banks increased from 11% to 13%. Fee revenue generated by global investment banking totaled US$66.3 billion in 2009, up 12% on the previous year.