MNB

MNB

Wingholding announces EUR 100 mln 2020-2021 bond program

Hungarian property developer Wingholding on Monday published the prospectus for a EUR 100 million bond program for 2020-2021, state news...

MNB

Trade surplus at EUR 433 mln in January

In EUR terms, the value of exports increased by 2.8% and that of imports by 2.4% in January 2020 compared...

MNB

Net FDI inflow into Montenegro increases in 2019

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 344.7 million (USD 383.9 million) in 2019,...

MNB

Bulgaria Q4 GDP growth revised down

Bulgaria’s economy advanced 3.1% year-on-year in the last quarter of 2019, below preliminary estimates of 3.5% and easing from a...

MNB

MNB intʼl reserves fall EUR 1.974 bln in Feb

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.871 billion at the end of February, down EUR...

MNB

Romanian c. bank FX reserves rise in Feb

The foreign exchange reserves held by the National Bank of Romania (BNR), excluding gold, totaled EUR 35.830 billion at the...

MNB

Graphisoft Park shareholders approve share buyback

Shareholders of Graphisoft Park, a listed company that owns and operates a business park in the north of Budapest, approved...

MNB

Surplus on external trade in services at EUR 1.9 bln in Q4

In Q4 2019, service exports and imports rose by 3.8% and 6.8% respectively at current prices in EUR compared to...

MNB

Bulgarians convert hundreds of millions of leva into euro

Amidst rumors of a change in the exchange rate of the Bulgarian lev to the euro, the public have reacted...

MNB

EIB Group support for projects in the Czech Republic doubled in 2019

Last year, the European Investment Bank Group, which consists of the European Investment Bank (EIB) and the European Investment Fund...

MNB

Private Equity in Central Europe

The small and medium enterprise (SME) sector represented 99.8% of companies and 69% of total employment in the Visegrád Four...

MNB

Bulgaria non-govt deposit growth slows in Jan

Deposits of Bulgaria’s non-government sector rose by an annual 7.9% to BGN 84.1 billion (EUR 43 bln) at the end...

MNB

Slovakia c/a deficit narrows in Dec

Slovakia’s current account gap shrank to EUR 328.2 million in December from EUR 450 mln in the same month of...

MNB

Insolvencies in Romania down in 2019

In 2019, there were 6,384 insolvent companies in Romania, 22% less compared to the level registered in the previous year,...

MNB

Digi closes 2019 with robust financial performance

Consolidated revenues of Digi Communications N.V., the leading telecommunication group with businesses in Romania, Hungary, Spain and Italy and the...

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...