Telco

Telco

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Telco

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

Telco

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Telco

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...

Telco

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS), its recently introduced...

Telco

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Telco

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Telco

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...

Telco

BUX hit by Richter profit warning over Esmya

Hungarian drugmaker Gedeon Richter said late on Monday it would book a HUF 42 billion impairment loss related to its...

Telco

Tender raises MNB FX swap stock to HUF 1,511 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) rose about HUF 25 bln to HUF...

Telco

K&H Bank after-tax profit nears HUF 42 bln in 2017

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had after-tax profit of HUF 41.8 billion last year, CEO David Moucheron...

Telco

Investment fundsʼ net asset value tops HUF 6.6 tln

The net asset value of investment funds in Hungary rose 9.9% to HUF 6,614.9 billion in the twelve months to...

Telco

PortfoLion invests USD 5 mln in local startup Starschema

Venture capital fund manager PortfoLion, a member of the OTP Group, Hungaryʼs biggest commercial lender, is investing USD 5 million...

Telco

MTel profit plunges in fourth quarter

Magyar Telekomʼs fourth-quarter after-tax profit dropped 75% year-on-year to HUF 5.2 billion, hit by higher costs and the effect of...

Telco

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Telco

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

Telco

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Telco

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...

Telco

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS), its recently introduced...

Telco

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Telco

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Telco

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...

Telco

BUX hit by Richter profit warning over Esmya

Hungarian drugmaker Gedeon Richter said late on Monday it would book a HUF 42 billion impairment loss related to its...

Telco

Tender raises MNB FX swap stock to HUF 1,511 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) rose about HUF 25 bln to HUF...

Telco

K&H Bank after-tax profit nears HUF 42 bln in 2017

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had after-tax profit of HUF 41.8 billion last year, CEO David Moucheron...

Telco

Investment fundsʼ net asset value tops HUF 6.6 tln

The net asset value of investment funds in Hungary rose 9.9% to HUF 6,614.9 billion in the twelve months to...

Telco

PortfoLion invests USD 5 mln in local startup Starschema

Venture capital fund manager PortfoLion, a member of the OTP Group, Hungaryʼs biggest commercial lender, is investing USD 5 million...

Telco

MTel profit plunges in fourth quarter

Magyar Telekomʼs fourth-quarter after-tax profit dropped 75% year-on-year to HUF 5.2 billion, hit by higher costs and the effect of...

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...

Profit higher, bad debts lower at Hungaryʼs OTP

Fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 159% year-on-year to HUF 68.5 billion, lifted by an...

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of monetary policy interest rate swaps (MIRS), its recently introduced...

Ad spending in Hungary rises almost 12% in 2017

Spending on advertising in Hungary rose 11.5% to HUF 241 billion last year, the Hungarian Advertising Association (MRSZ) said on...

Profits of Hungarian banks jump 50% in 2017

After-tax profits of Hungaryʼs banking sector climbed 50% to HUF 632.4 billion last year, lifted by higher revenue from commissions...

Profits of Hungarian brokerages soar in 2017

Investment services companies closed the year 2017 with combined net profit of more than HUF 6 billion, some 50% more...

BUX hit by Richter profit warning over Esmya

Hungarian drugmaker Gedeon Richter said late on Monday it would book a HUF 42 billion impairment loss related to its...

Tender raises MNB FX swap stock to HUF 1,511 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) rose about HUF 25 bln to HUF...

K&H Bank after-tax profit nears HUF 42 bln in 2017

K&H Bank, the Hungarian unit of Belgiumʼs KBC, had after-tax profit of HUF 41.8 billion last year, CEO David Moucheron...

Investment fundsʼ net asset value tops HUF 6.6 tln

The net asset value of investment funds in Hungary rose 9.9% to HUF 6,614.9 billion in the twelve months to...

PortfoLion invests USD 5 mln in local startup Starschema

Venture capital fund manager PortfoLion, a member of the OTP Group, Hungaryʼs biggest commercial lender, is investing USD 5 million...

MTel profit plunges in fourth quarter

Magyar Telekomʼs fourth-quarter after-tax profit dropped 75% year-on-year to HUF 5.2 billion, hit by higher costs and the effect of...