MNB

MNB

Hungary’s Finance Ministry releases draft budget

A budget planning shows that Hungary’s Finance Ministry will prepare next year's budget based on a ESA95 general government deficit...

MNB

Goldman $10 billion fund to invest in LBO loans

Goldman Sachs has raised $10 billion to create a fund that will invest in loans used to back leveraged buyouts...

MNB

Goldman $10 billion fund to invest in LBO loans

Goldman Sachs has raised $10 billion to create a fund that will invest in loans used to back leveraged buyouts...

MNB

Fannie, Freddie rescue plan to cost $25 bln

US Treasury Department's rescue plan for troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers $25 billion, the...

MNB

Fannie, Freddie rescue plan to cost $25 bln

US Treasury Department's rescue plan for troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers $25 billion, the...

MNB

Gazprom launches $500 mln 5-year Eurobond

Russian gas giant Gazprom launched $500-million five-year Eurobond, according to International Financing Review (IFR), a Thomson Reuters publication....

MNB

Gazprom launches $500 mln 5-year Eurobond

Russian gas giant Gazprom launched $500-million five-year Eurobond, according to International Financing Review (IFR), a Thomson Reuters publication....

MNB

Hungary’s budget debt rises Ft 380 bln in H1

Hungary's budget debt stood at Ft 15,966 billion at the end of June, up Ft 380 billion from the end...

MNB

Hungary’s budget debt rises Ft 380 bln in H1

Hungary's budget debt stood at Ft 15,966 billion at the end of June, up Ft 380 billion from the end...

MNB

Vultures loom over British house builders

Vulture funds are circling British house builders as their debt and equity prices plunge, debt traders said, hoping for rich...

MNB

Vultures loom over British house builders

Vulture funds are circling British house builders as their debt and equity prices plunge, debt traders said, hoping for rich...

MNB

China: Rising FDI reflects inflow of hot money

Foreign direct investment (FDI) in China rose 45.5% in the first half of the year, deepening worries that the inflow...

MNB

China: Rising FDI reflects inflow of hot money

Foreign direct investment (FDI) in China rose 45.5% in the first half of the year, deepening worries that the inflow...

MNB

Buffett and international funds fill financing void

With Wall Street still hesitant to make big bets on merger financing, corporate buyers are looking to wealthy investors such...

MNB

Buffett and international funds fill financing void

With Wall Street still hesitant to make big bets on merger financing, corporate buyers are looking to wealthy investors such...

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...