MNB

MNB

Banking System Stable Amid Global Uncertainty – Varga

Hungary's economy can count on a stable banking system amid the current global uncertainty, Mihály Varga, the governor of the...

MNB

MNB: Cooperation Among Central Banks Key for Strengthening Global Financial Stability

Increasing uncertainties have a negative impact on the economic environment of the whole of Europe and on global growth prospects,...

MNB

National Bank Monetary Council Leaves Base Rate on Hold at 6.5%

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

MNB

Parl’t Committee Clears Nominee for Central Bank Deputy Governor

Parliament's Economy Committee cleared a nominee for the position of deputy governor of the National Bank of Hungary (MNB) after...

MNB

MNB to Support Gov’t Stepping up Against Fraudsters – Varga

The central bank will support the government's actions against financial fraudsters with five measures, Mihály Varga, the governor of the...

MNB

Central Bank Policymakers Leave Base Rate on Hold at 6.5%

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

MNB

Central Bank Gov Varga Addresses German-Hungarian Business Chamber

Mihály Varga, the governor of the National Bank of Hungary (MNB), spoke at the annual general meeting of the German-Hungarian...

MNB

Ratesetters Track Persistence of Shifts in Service Price Dynamics, Inflation Expectations

Members of the ratesetting Monetary Council of MNB will closely follow the persistence of changes to market service price dynamics...

MNB

Central Bank Seeks to Strengthen Bourse’s Regional Role

The National Bank of Hungary (MNB), the majority owner of the Budapest Stock Exchange, wants to strengthen the bourse's regional...

MNB

MNB Policymakers Leave Base Rate on Hold at 6.5%

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

MNB

Sustainable Price Stability in Focus of Monetary Policy – Varga

Growing geopolitical tensions have increased global risks in recent weeks, central bank governor Mihály Varga said in Washington on Friday,...

MNB

Varga Affirms Commitment to Price Stability at Meeting With Budapest Business Leaders

The new management of MNB is committed to achieving and maintaining price stability, while improving the efficiency of the central...

MNB

MNB, Business Chamber Sign Cooperation Agreement

The Central Bank (MNB) and the Hungarian Chamber of Commerce and Industry (MKIK) signed a cooperation agreement on knowledge-sharing and...

MNB

Central Bank Gov, Lenders Agree on Retail Banking Fee Cuts

MNB and the Hungarian Banking Association have reached an agreement that will make banking costs simpler, more transparent and cheaper,...

MNB

National Bank Policymakers Leave Base Rate on Hold at 6.5%

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

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...