MNB

MNB

Hungaryʼs growth loses some steam but ‘underlying macro story’ still positive

Hungaryʼs economic growth seems to be losing some steam but it "does not change the macro story" which has overall...

MNB

Banks disburse HUF 684 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 684.1 bln in loans as of August 28 to small and medium-sized enterprises (SMEs)...

MNB

MNB: Five years may be needed to bring corporate lending back to trend level

It could take "at least five years" to bring corporate lending stock back to levels close to the long-term trend,...

MNB

MNB: Corporate lending shows mixed picture in Q2

Corporate lending stock of financial institutions declined 3.4% in the second quarter of 2015 compared to the same period of...

MNB

Hungarian banks achieve HUF 155 bln pre-tax profit in H1

Hungarian credit institutions had a combined pre-tax profit of HUF 155.0 bln in the first half of 2015 compared to...

MNB

Legislation on FX car, personal loan conversion could take effect from December 1

Legislation on the conversion of FX personal and car loans could come into force from December 1 of this year,...

MNB

Hungary’s State Treasury to open 25 sales points

Hungaryʼs State Treasury is planning on opening an additional 25 sales points, raising the number of retail units in its...

MNB

Report: Vehicle, personal loan FX conversion could cost OTP HUF 6 bln

A subsidy for retail borrowers who opt to convert their foreign exchange personal and car loans into forints could cost...

MNB

MNB sells banks CHF 592 mln to cover FX car, personal loan conversion

The National Bank of Hungary (MNB) said it sold CHF 591.9 mln to lenders in a tender on Monday to...

MNB

Report: Banks to fix exchange rate of FX car loans

Banks are expected to fix the exchange rate of foreign currency car loans today, following the National Bank of Hungaryʼs...

MNB

Banks and government to subsidize FX car loan conversion

Foreign currency-denominated vehicle and personal loans will be converted to loans into forints at the market exchange rate, but the...

MNB

Forint recuperates on interbank market

 The forint was trading at to 308.82 the euro late Monday on the interbank forex market, up from final quotes...

MNB

Net general government borrowing 1.0% of GDP for year ending in June

According to preliminary financial account figures, net general government borrowing was HUF 339 bln in the twelve months leading up...

MNB

ÁKK to pre-finance €900 mln of maturing FX debt

Strong sales of government securities to retail investors will allow the Government Debt Management Agency (ÁKK) to make an early...

MNB

EBRD agreement touchstone for talks on FX car loan conversion

The government and banks used a previous agreement with the EBRD as guidance during talks on the conversion of foreign...

MNB

Hungaryʼs growth loses some steam but ‘underlying macro story’ still positive

Hungaryʼs economic growth seems to be losing some steam but it "does not change the macro story" which has overall...

MNB

Banks disburse HUF 684 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 684.1 bln in loans as of August 28 to small and medium-sized enterprises (SMEs)...

MNB

MNB: Five years may be needed to bring corporate lending back to trend level

It could take "at least five years" to bring corporate lending stock back to levels close to the long-term trend,...

MNB

MNB: Corporate lending shows mixed picture in Q2

Corporate lending stock of financial institutions declined 3.4% in the second quarter of 2015 compared to the same period of...

MNB

Hungarian banks achieve HUF 155 bln pre-tax profit in H1

Hungarian credit institutions had a combined pre-tax profit of HUF 155.0 bln in the first half of 2015 compared to...

MNB

Legislation on FX car, personal loan conversion could take effect from December 1

Legislation on the conversion of FX personal and car loans could come into force from December 1 of this year,...

MNB

Hungary’s State Treasury to open 25 sales points

Hungaryʼs State Treasury is planning on opening an additional 25 sales points, raising the number of retail units in its...

MNB

Report: Vehicle, personal loan FX conversion could cost OTP HUF 6 bln

A subsidy for retail borrowers who opt to convert their foreign exchange personal and car loans into forints could cost...

MNB

MNB sells banks CHF 592 mln to cover FX car, personal loan conversion

The National Bank of Hungary (MNB) said it sold CHF 591.9 mln to lenders in a tender on Monday to...

MNB

Report: Banks to fix exchange rate of FX car loans

Banks are expected to fix the exchange rate of foreign currency car loans today, following the National Bank of Hungaryʼs...

MNB

Banks and government to subsidize FX car loan conversion

Foreign currency-denominated vehicle and personal loans will be converted to loans into forints at the market exchange rate, but the...

MNB

Forint recuperates on interbank market

 The forint was trading at to 308.82 the euro late Monday on the interbank forex market, up from final quotes...

MNB

Net general government borrowing 1.0% of GDP for year ending in June

According to preliminary financial account figures, net general government borrowing was HUF 339 bln in the twelve months leading up...

MNB

ÁKK to pre-finance €900 mln of maturing FX debt

Strong sales of government securities to retail investors will allow the Government Debt Management Agency (ÁKK) to make an early...

MNB

EBRD agreement touchstone for talks on FX car loan conversion

The government and banks used a previous agreement with the EBRD as guidance during talks on the conversion of foreign...

Hungaryʼs growth loses some steam but ‘underlying macro story’ still positive

Hungaryʼs economic growth seems to be losing some steam but it "does not change the macro story" which has overall...

Banks disburse HUF 684 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 684.1 bln in loans as of August 28 to small and medium-sized enterprises (SMEs)...

MNB: Five years may be needed to bring corporate lending back to trend level

It could take "at least five years" to bring corporate lending stock back to levels close to the long-term trend,...

MNB: Corporate lending shows mixed picture in Q2

Corporate lending stock of financial institutions declined 3.4% in the second quarter of 2015 compared to the same period of...

Hungarian banks achieve HUF 155 bln pre-tax profit in H1

Hungarian credit institutions had a combined pre-tax profit of HUF 155.0 bln in the first half of 2015 compared to...

Legislation on FX car, personal loan conversion could take effect from December 1

Legislation on the conversion of FX personal and car loans could come into force from December 1 of this year,...

Hungary’s State Treasury to open 25 sales points

Hungaryʼs State Treasury is planning on opening an additional 25 sales points, raising the number of retail units in its...

Report: Vehicle, personal loan FX conversion could cost OTP HUF 6 bln

A subsidy for retail borrowers who opt to convert their foreign exchange personal and car loans into forints could cost...

MNB sells banks CHF 592 mln to cover FX car, personal loan conversion

The National Bank of Hungary (MNB) said it sold CHF 591.9 mln to lenders in a tender on Monday to...

Report: Banks to fix exchange rate of FX car loans

Banks are expected to fix the exchange rate of foreign currency car loans today, following the National Bank of Hungaryʼs...

Banks and government to subsidize FX car loan conversion

Foreign currency-denominated vehicle and personal loans will be converted to loans into forints at the market exchange rate, but the...

Forint recuperates on interbank market

 The forint was trading at to 308.82 the euro late Monday on the interbank forex market, up from final quotes...

Net general government borrowing 1.0% of GDP for year ending in June

According to preliminary financial account figures, net general government borrowing was HUF 339 bln in the twelve months leading up...

ÁKK to pre-finance €900 mln of maturing FX debt

Strong sales of government securities to retail investors will allow the Government Debt Management Agency (ÁKK) to make an early...

EBRD agreement touchstone for talks on FX car loan conversion

The government and banks used a previous agreement with the EBRD as guidance during talks on the conversion of foreign...