MNB

MNB

MNB int’l reserves fall EUR 1.718 bln in April

International reserves of the National Bank of Hungary (MNB) fell by EUR 1.718 bln from the previous month to EUR...

MNB

FGS Go! outlays reach HUF 2.22 tln

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

MNB

MNB weekly QE purchases rise over HUF 67 bln

The National Bank of Hungary (MNB) bought HUF 67.3 billion of securities in the framework of a quantitative easing program...

MNB

MNB estimates moratorium end is risk for over 10% of loans

The end of a repayment moratorium presents risk for 12% of corporate lending stock and 10% of the retail loan...

MNB

Policymakers keep base rate unchanged

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged, at...

MNB

MNB weekly QE purchases steady at HUF 60 bln

The National Bank of Hungary (MNB) bought HUF 60 billion of securities in the framework of a quantitative easing program...

MNB

MNB to pay state HUF 250 bln dividend

The board of the National Bank of Hungary (MNB) on Friday decided to pay the state a HUF 250 billion...

MNB

Otthon Centrum issues HUF 2.9 bln bond under BGS

Real estate broker Otthon Centrum yesterday said it issued a HUF 2.9 billion bond under the Bond Funding for Growth...

MNB

MNB FX swap stock little changed after tender

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

MNB

Banking sector liquidity increased in March

Forint liquidity of the Hungarian banking sector increased in March, reflected in a rise in the average stocks of lenders'...

MNB

Serbia’s FX reserves up in March

The National Bank of Serbia's gross foreign exchange (FX) reserves stood at EUR 14,275.5 million at end-March, up by 852.8...

MNB

Central bank buys HUF 60 bln in QE securities

The National Bank of Hungary (MNB) bought HUF 60 billion of securities under its quantitative easing program in the week...

MNB

External balance indicators improve in spite of pandemic

Hungary's external balance indicators improved last year, in spite of the pandemic, the National Bank of Hungary (MNB) said in...

MNB

Monetary Council wary of inflation volatility

The Monetary Council of the National Bank of Hungary (MNB) agreed that measures of underlying inflation should remain in its...

MNB

Hungary triples gold reserves

The National Bank of Hungary (MNB) on Wednesday said it raised the country's gold reserves from 31.5 tonnes to 94.5...

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...