MNB

MNB

MNB Keeps 0.5% Capital Buffer Activation Date

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to leave the timing for the activation...

MNB

MNB Sees Broadening Disinflationary Impact Till Year-end

The National Bank of Hungary (MNB) augured a continuation until the end of the year of the broadening disinflationary impact...

MNB

MNB Monetary Council Leaves Base Rate on Hold at 13%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%,...

MNB

ÁSZ President Questions ‘Neutralization’ of MNB Losses

The accumulated losses of the National Bank of Hungary (MNB) could only be "neutralized" in several years, but it is...

MNB

MNB Could Cut Base Rate to 10-11% – Report

Hungary's central bank could cut its base rate to 10-11% by the end of the year from 13%, a rate-setter...

MNB

Optional Reserves Rate to Be Level With Base Rate From Oct 1

The Monetary Council of the National Bank of Hungary (MNB) decided on Tuesday that the rate the central bank pays...

MNB

MNB Int’l Reserves Fall EUR 351 mln in August

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.613 billion at the end of August, down...

MNB

MNB Welcomes ECB Clearance of Amendment

The National Bank of Hungary (MNB) welcomed the European Central Bank's clearance of the government's proposed amendment to the Central...

MNB

ECB Clears Proposed Amendment to Hungary Central Bank Act

The European Central Bank (ECB) has cleared the government's proposed amendment to the central bank act, Finance Minister Mihály Varga...

MNB

MNB Publishes Progress Report

The National Bank of Hungary (MNB) has published a progress report on action policymakers have taken on a set of...

MNB

MNB Cuts O/N Collateralised Loan Rate by 100 bp

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%,...

MNB

MNB Increasing Number of Forex Swap Tenders

The National Bank of Hungary (MNB) said yesterday it will increase the amount of foreign exchange swap tenders providing euro...

MNB

MNB Calls on Lenders to Step up Proactive Liquidity Management

The National Bank of Hungary (MNB) has called on lenders to strengthen their proactive liquidity management amid the impacts of...

MNB

Watchdog Fines Fund Managers for Remuneration Policies

The National Bank of Hungary (MNB) on Tuesday said it fined fund managers Hold and Adalfa for remuneration policies that...

MNB

Watchdog Fines Fund Managers for Remuneration Policies

The National Bank of Hungary (MNB) on Tuesday said it fined fund managers Hold and Adalfa for remuneration policies that...

MNB

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB International Reserves Fall to EUR 62.1 bln in September

The National Bank of Hungary’s (MNB) international reserves stood at EUR 62.061 bln at the end of September, down EUR...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

Varga Prioritizes Successful Euro Adoption Over Speed

Hungary should prioritize a successful transition to the euro over rapid adoption, MNB governor Mihály Varga said at the 64th...

Forint Volatility Warrants ‘Special Attention,’ MNB Policymakers Say

Members of the Monetary Council of the MNB acknowledged the disinflationary effects of the stronger forint but said exchange rate...

MNB Cuts Base Rate to 5.5%, September Inflation Report to Guide Next Steps

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

Meeting Maastricht Criteria Would Benefit Entire Hungarian Economy, MNB Dep Gov Says

Meeting the Maastricht criteria for adopting the euro would benefit the entire Hungarian economy, Péter Benő Banai, a deputy governor...

National Bank of Hungary Cuts Base Rate to 5.75%

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

MNB Monetary Council Cuts Base Rate to 6%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

MNB Warns of Rising Housing Market Risks as Banks Remain Stable

The National Bank of Hungary (MNB) said the local banking system remains stable but underscored increasing risks in the home...

MNB International Reserves Rise EUR 1.898 bln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 60.630 billion at the end of April, up...

MNB May Reduce 82% Ownership Stake in BÉT

Talks are underway between the Budapest Stock Exchange (BÉT) and the National Bank of Hungary (MNB) on reducing the central...

MNB Governor Warns Inflation Could Exceed 5% This Year

MNB Governor Mihály Varga said in an interview with economic weekly HVG that the new gov't must present a credible...

National Bank Policymakers Leave Base Rate on Hold at 6.25%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at...