MNB

MNB

MNB weekly QE purchases stand at HUF 53 bln

The National Bank of Hungary (MNB) bought HUF 53 billion of securities in the framework of a quantitative easing program...

MNB

Economists augur 30 bp rate rise at Aug policy meeting – Reuters poll

Most economists polled by Reuters expect the National Bank of Hungary (MNB) to raise its key rate by 30 bp...

MNB

MNB weekly QE purchases reach HUF 53 bln

The National Bank of Hungary (MNB) bought HUF 53 billion of securities in the framework of a quantitative easing program...

MNB

Monetary Council evaluating effects of rate hike cycles

The National Bank of Hungary's Monetary Council is to carry out a comprehensive evaluation of the effects of the cycle...

MNB

MNB instructs lenders not to pay dividend till end of 2021

The National Bank of Hungary (MNB) said on Thursday that it issued an executive circular to lenders instructing them not...

MNB

MNB weekly QE purchases reach HUF 57 bln

The National Bank of Hungary (MNB) bought HUF 57.1 billion of securities in the framework of a quantitative easing program...

MNB

Matolcsy urges structural changes to government

National Bank of Hungary (MNB) governor György Matolcsy on Monday said that significant institutional changes will be required in the...

MNB

Central Bank Pledges Further Tightening After Rate Hike

The National Bank of Hungary (MNB) raised its key rate to 1.2% at its latest rate-setting meeting, with the 30-basis-point...

MNB

MNB raises base rate to 1.2%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

MNB

MNB signs cooperation agreement with Chinese body

The National Bank of Hungary (MNB) has signed a cooperation agreement with the China Securities Regulatory Commission (CSRC) to promote...

MNB

Matolcsy chides gov’t for investing in brick and mortar, not brains

National Bank of Hungary (MNB) governor György Matolcsy on Monday said state investments behind the 5.9%-of-GDP budget deficit target for...

MNB

MNB FX swap stock edges lower after tender

The outstanding stock of the National Bank of Hungary's (MNB) FX swaps, which the central bank uses to pump liquidity...

MNB

MNB weekly QE purchases close to HUF 54 bln

The National Bank of Hungary (MNB) bought HUF 53.6 billion of securities in the framework of a quantitative easing program...

MNB

Baromfi-Coop raises HUF 23.45 bln via green bond

Poultry company Baromfi-Coop has secured HUF 23.45 billion of financing with the issue of a green bond under the Bond...

MNB

Preferential capital requirements support green financing

Nine lenders, accounting for 58% of the banking sector balance sheet, have availed of preferential capital requirements for green financing...

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...