MNB: Forint liquidity of banking sector falls in June

Telco

Forint liquidity of the Hungarian banking sector dropped in June, as reflected in a decline in the average stock of creditorsʼ two-week deposits, the National Bank of Hungary (MNB) said in a monthly report today.

Stock of two-week deposits, the central bankʼs main sterilization instrument, fell by HUF 607.6 bln to HUF 4.366.3 trillion at the end of June from a month earlier.

Excess reserves came to HUF 3.5 bln in June, which the central bank termed "moderate" compared to the sectorʼs total reserve requirements of HUF 513.3 bln.

More Companies Take Action Against Corruption Analysis

More Companies Take Action Against Corruption

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

2 Major Ground Handlers at Budapest Airport Join Forces Transport

2 Major Ground Handlers at Budapest Airport Join Forces

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.