MNB

Poland leaves key lending rates untouched

The National Bank of Poland (NBP) left key lending rates untouched Wednesday, in line with market expectations....

MNB

Gazprombank to sell three-year floating-rate bonds

ZAO Gazprombank, the banking unit of the world's largest natural gas producer, is selling three-year bonds in dollars at a...

MNB

Romania to boost planned domestic debt sales by 50% in 2007 – extended

Romania will increase its planned sales of domestic debt this year by 50% as it seeks to raise the proportion...

MNB

UK may sell near record amount of bonds for budget

The UK may need to sell near a record amount of bonds in the fiscal year starting April to fund...

MNB

Central Bank gold holdings fall to lowest since 1948, IMF says

Gold holdings by central banks and other government organizations declined for the eighth straight year in 2006, to the lowest...

MNB

Bulgarian February sovereign foreign debt falls to €4.3 bln

Bulgaria's sovereign foreign debt fell to €4.4 billion ($5.8 billion) at the end of February on loan repayments....

MNB

Hungarian base rate may drop to 6.00% by year-end

Economic research company GKI projects the National bank of Hungary’s (MNB) base rate will fall to 6.00% by the end...

MNB

EuroChem to raise $300 mln in debut bond sale

EuroChem, the world's seventh-largest fertilizer producer, plans to sell $300 million in bonds to foreign investors as it seeks to...

MNB

Slovak koruna records weekly advance; parity rate may change

The Slovak koruna posted a weekly gain and traded near its record high against the euro on speculation the central...

MNB

Bank of America plans to sell its first covered bonds in Europe

Bank of America Corp., the second largest US bank by assets, plans to sell as much as €20 billion ($26.2...

MNB

Koruna gains to record as investors return to emerging markets – extended

The Slovak koruna rose to a record against the euro as the rally in global equity markets led investors to...

MNB

Hungary’s international reserves up €917 mln in February

Hungary's international reserves rose €917 million last month to €17.163 billion in February exceeding the €17 billion threshold for the...

MNB

Russian foreign currency reserves rise to record $315.3 bln

Russia's foreign currency and gold reserves rose to a record, erasing last week's decline, as the world's largest energy exporter...

MNB

Alliance Bank to seek $2 bln in loans outside Kazakhstan

AO Alliance Bank, Kazakhstan's fifth-biggest lender by assets, plans to raise a further $2 bln this year through loans and...

MNB

Gold trades near five-week low on equities

Gold in Asia traded near a five-week low as some investors continued to sell the metal to cover losses in...

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

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...

MNB

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

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...

MNB

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...

MNB

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

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...

MNB

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...

MNB

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

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

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

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

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

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...