MNB

MNB

MNB Int’l Reserves Rise EUR 94 mln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.964 billion at the end of July, up...

MNB

MNB: Loan Officers Indicate Stable Lending Capacity

A quarterly survey of loan officers published by the National Bank of Hungary (MNB) on its website shows stable lending...

MNB

Policymakers Cut O/N Collateralized Loan Rate

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

MNB

MNB Offsetting Carbon Footprint in Drávaszentes

The National Bank of Hungary (MNB) is offsetting its annual carbon footprint with large-scale forest planting and lawn reconstruction in...

MNB

MNB Int’l Reserves Rise EUR 350 mln in June

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.87 bln at the end of June, up...

MNB

MNB Points to Fiscal Risk of Recapitalization in Report

Mandatory recapitalization of the National Bank of Hungary (MNB) following expected losses due to economic stimulus and measures to bring...

MNB

MNB Fines Interactive Brokers Central Europe HUF 19 mln 

The National Bank of Hungary (MNB) on Thursday said it fined Interactive Brokers Central Europe HUF 19 mln over shortcomings...

MNB

MNB Points to ‘Significant’ Rise in Profit Inflation

The practice of companies raising prices to a larger degree than justified by increased costs has had a bigger impact...

MNB

MNB Cuts O/N Collateralized Loan Rate

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

MNB

MNB Int’l Reserves Fall EUR 358 mln in May

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.52 billion at the end of May, down...

MNB

MNB Decides on Technical Changes to Mandatory Reserve System

The National Bank of Hungary (MNB) on Friday said its policymakers decided to use a monthly balance sheet average, rather...

MNB

MNB Leaves Base Rate on Hold, Cuts O/N Collateralized Loan Rate

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

MNB

As Green Loans Surge, MNB Launches Eco-Friendly Product Finder

The National Bank of Hungary (MNB) has published a report on the state of green finance in the country, highlighting...

MNB

MNB Raises Income Threshold for Upper Payment-to-income Ratio 

The National Bank of Hungary (MNB) on Friday said it decided to raise the income threshold for the upper, 60%...

MNB

Primus Trust to Appeal MNB ‘Mega Fine’

Primus Trust Asset Management Zrt released a statement saying that it categorically rejects the claim of the Hungarian National Bank...

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...