MNB

MNB

Masterplast takes initial steps to BGS bond issue

Listed Hungarian building materials maker Masterplast said it has taken the initial steps to issue 10-year security in the framework...

MNB

Transaction-based pricing ‘remains a problem’ – MNB

The National Bank of Hungary (MNB) said transaction-based pricing "remains a problem" affecting the further expansion of electronic transfers in...

MNB

Study on central bank digital currency

The National Bank of Hungary (MNB) published a comprehensive study on central bank digital currency as a first step in...

MNB

MNB 1st in EU to Start Tightening Cycle

As expected, the Monetary Council of the National Bank of Hungary (MNB) raised its base rate to 0.9% for the...

MNB

MNB explains decision to start tightening cycle

According to the minutes from the monthly policy meeting released on the central bank's website, the decision by the Monetary...

MNB

MNB to launch HUF 200 bln green home loan credit scheme

The National Bank of Hungary (MNB) on Tuesday said it will launch a HUF 200 bln preferential credit scheme to...

MNB

MNB weekly QE purchases close to HUF 58 bln

The National Bank of Hungary (MNB) bought HUF 57.7 billion of securities in the framework of a quantitative easing program...

MNB

FGS Go! outlays reach HUF 2.91 tln

Outlays of the Funding for Growth Scheme (FGS) Go!, a central bank program that aims to ensure SMEs cheap credit...

MNB

MNB instructs lenders on borrowers leaving moratorium

The National Bank of Hungary (MNB) on Friday said it instructed lenders to give borrowers who leave the repayment moratorium...

MNB

MNB allocates EUR 292 mln of euro liquidity swaps at tender

The National Bank of Hungary (MNB) allocated EUR 292 million of euro liquidity swaps at a tender on Wednesday, accepting...

MNB

Tightening labor market could produce ‘sustained’ wage growth – MNB

Cyclical tightening in the labor market resulting from the economic recovery could keep wage growth high, the National Bank of...

MNB

CPI to stabilize from mid-2022 on ‘proactive’ monetary policy

The National Bank of Hungary (MNB) said inflation will stabilize around the 3% central bank target from mid-2022 as the...

MNB

MNB advising lenders to allow borrowers to pay interest early

The National Bank of Hungary (MNB) will advise banks to give borrowers who leave the repayment moratorium the chance to...

MNB

MNB puts CPI ‘mostly above’ tolerance band till year-end

National Bank of Hungary (MNB) policymakers said inflation "is likely to stay mostly above" the central bank's 2%-4% tolerance band...

MNB

MNB policymakers raise base rate 30 bp to 0.90%

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

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...