Finance

MNB

Varga: Predictable Monetary Policy Promoting Gradual Decline in Inflation

MNB's predictable monetary policy over the past 6 months has facilitated the gradual convergence of inflation to the central bank's...

MNB

Policymakers Voted Unanimously to Keep Base Rate on Hold at September Meeting

The Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the bank base rate on hold...

MNB

Varga: Predictable Monetary Policy Promoting Gradual Decline in Inflation

MNB's predictable monetary policy over the past 6 months has facilitated the gradual convergence of inflation to the central bank's...

MNB

Policymakers Voted Unanimously to Keep Base Rate on Hold at September Meeting

The Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the bank base rate on hold...

Hungary’s Trade Surplus Narrows to EUR 589 mln in September

Hungary’s external trade in goods recorded a surplus of EUR 589 million in September, a year-on-year decrease of EUR 297...

MNB Files Criminal Complaints Over HQ Renovation

MNB has filed multiple criminal complaints concerning the renovation of its Szabadság tér headquarters, citing allegations of dishonest and negligent...

Policymakers Leave Base Rate on Hold at 6.5% Once Again

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

Éva Hegedüs, Chair and CEO of Gránit Bank, Appointed VP of Banking Association for CEE

Éva Hegedüs, chair and CEO of Gránit Bank, has been appointed VP of the Banking Association for Central and Eastern...

Varga: Predictable Monetary Policy Promoting Gradual Decline in Inflation

MNB's predictable monetary policy over the past 6 months has facilitated the gradual convergence of inflation to the central bank's...

Standard and Poor’s Maintains Investment-grade Rating for Hungary

Standard and Poor's has affirmed its sovereign credit rating on Hungary, putting the country in the investment-grade category along with...

Policymakers Voted Unanimously to Keep Base Rate on Hold at September Meeting

The Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the bank base rate on hold...

MBH Bank Posts HUF 92.9 bln H1 Profit

MBH Bank Nyrt. reported an adjusted after-tax profit of HUF 92.9 billion in the first half of 2025, down 33.2%...

Hungarian Team Plays Key Role in Global Rollout of Citi’s GenAI Tools

AI Accelerators from Citi Hungary are supporting the bank’s global GenAI adoption strategy, putting AI tools in the hands of...

Hungary Net Issuance at Close to 115% of Full-year Target

Hungary's net issuance of state debt stood at 114.8pc of the full-year plan at the end of the third quarter,...

Hungary Posts H1 Budget Deficit of HUF 310 bln, Q2 Surplus at 2.2% of GDP

Hungary’s general government sector posted a deficit of HUF 310 billion in the first half of 2025, equivalent to 0.7%...

MNB 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...

8.2% Plan to Join Home Start Loan Scheme

Some 8.2% of Hungary's adult population intends to participate in the government's Home Start subsidized loan program for first-time homebuyers...

Indotek Group Buys Major Spanish NPL Property Portfolio 

Indotek Group, the Budapest‑headquartered European real estate investment and asset management company, has acquired a portfolio of 524 residential and...

MTel Rating Affirmed at ‘BBB+’ but Erste Downgrades to ‘Hold’

Listed telecom Magyar Telekom announced that Scope Ratings GmbH has reaffirmed the company's issuer credit rating of "BBB+" with a...