MNB

MNB

Northern Rock to cut a third of its staff

Britain's trouble-ridden Northern Rock bank, which was nationalized on February 21, said that it will cut about 2,000 jobs and...

MNB

Central bank will act on risk premium and inflation developments

The National Bank of Hungary (MNB) will react to risk premium developments as well as inflation developments, rate-setter Péter Bihari...

MNB

Central bank will act on risk premium and inflation developments

The National Bank of Hungary (MNB) will react to risk premium developments as well as inflation developments, rate-setter Péter Bihari...

MNB

Gold set for further short-term gains

An analyst sees $1,100 as next milestone for globally climbing gold prices....

MNB

Gold set for further short-term gains

An analyst sees $1,100 as next milestone for globally climbing gold prices....

MNB

Gold price hits $1,000 per ounce for first time

The price of gold soared to a record high $1,000.45 per ounce on Thursday, as the precious metal benefited from...

MNB

Gold price hits $1,000 per ounce for first time

The price of gold soared to a record high $1,000.45 per ounce on Thursday, as the precious metal benefited from...

MNB

Financial system may need public funds-IMF’s Lipsky

Governments need to be ready to use public funds to prop up struggling financial markets, a senior International Monetary Fund...

MNB

Financial system may need public funds-IMF’s Lipsky

Governments need to be ready to use public funds to prop up struggling financial markets, a senior International Monetary Fund...

MNB

Germany’s Bundesbank likely to hold on to gold reserves

Germany’s Bundesbank will probably hold on to the vast bulk of its gold reserves in the next year of the...

MNB

Germany’s Bundesbank likely to hold on to gold reserves

Germany’s Bundesbank will probably hold on to the vast bulk of its gold reserves in the next year of the...

MNB

Spain grants Genesis Energy interest-free loan

Genesis Energy, a Hungarian company that is building solar panel plants in Hungary, Spain and Singapore, said Monday that Spain’s...

MNB

Spain grants Genesis Energy interest-free loan

Genesis Energy, a Hungarian company that is building solar panel plants in Hungary, Spain and Singapore, said Monday that Spain’s...

MNB

Hungary’s HTCC acquires Austrian peer

Listed telco/ISP Hungarian Telephone and Cable Corp. announced in a press release, that it has completed the purchase of Austrian-based...

MNB

Hungary’s HTCC acquires Austrian peer

Listed telco/ISP Hungarian Telephone and Cable Corp. announced in a press release, that it has completed the purchase of Austrian-based...

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...