Finance

MNB

Central Bank Pledges Further Tightening After Rate Hike

The National Bank of Hungary (MNB) raised its key rate to 1.2% at its latest rate-setting meeting, with the 30-basis-point...

Trade

Romania selling on its jabs, despite low vaccination rates

Europe’s least-vaccinated countries are in no short supply of COVID-19 jabs - and yet Romania and Bulgaria are both looking...

Banking

MNB fines Erste HUF 19 mln

The National Bank of Hungary (MNB) yesterday fined Erste Alapkezelő, the local fund manager of Austria's Erste Group, a little...

Debt

ÁKK sells HUF 79.5 bln of bonds at auction

The Government Debt Management Agency (ÁKK) sold HUF 79.5 billion of bonds at auction on Thursday, HUF 14.5 bln more...

Banking

Serious interest in Széchenyi Card Program GO at OTP Bank

There has been serious interest in the Széchenyi Card Program GO, renewed on July 1, at OTP Bank branches, writes...

Trade

Paving the way for Future Hungarian Multinationals

Some 99% of the registered businesses in Hungary are small- and medium-sized. These companies are considered one of the main...

Banking

Lower impairment, higher operating income lift Erste earnings

Austria's Erste Group booked net income of EUR 84.7 million at its business in Hungary in the first half, after...

Banking

Raiffeisen H1 profit in Hungary rises to EUR 36 mln

Austria's Raiffeisen International (RBI) booked after-tax profit of EUR 36 million at its banking business in Hungary, up 64% from...

MNB

MNB raises base rate to 1.2%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

MNB

MNB signs cooperation agreement with Chinese body

The National Bank of Hungary (MNB) has signed a cooperation agreement with the China Securities Regulatory Commission (CSRC) to promote...

Banking

EBRD sells stake in major Romania office owner Globalworth

The European Bank for Reconstruction and Development (EBRD) said it has decided to sell its 5% stake in Globalworth, the...

Debt

Gov’t deficit reaches HUF 1.704 tln

Hungary's cash flow-based government deficit, excluding local councils, reached HUF 1.704 trillion at the end of June, widening on stimulus...

MNB

Matolcsy chides gov’t for investing in brick and mortar, not brains

National Bank of Hungary (MNB) governor György Matolcsy on Monday said state investments behind the 5.9%-of-GDP budget deficit target for...

Banking

93,000 bank accounts have secondary identifiers

At the end of the first quarter of this year, more than 93,000 bank accounts had secondary identifiers, the press...

Debt

Bulgaria c/a turns to deficit in May

Bulgaria posted a current account deficit of EUR 98.9 million in May, following a EUR 2.7 million surplus in the...

MNB

Central Bank Pledges Further Tightening After Rate Hike

The National Bank of Hungary (MNB) raised its key rate to 1.2% at its latest rate-setting meeting, with the 30-basis-point...

Trade

Romania selling on its jabs, despite low vaccination rates

Europe’s least-vaccinated countries are in no short supply of COVID-19 jabs - and yet Romania and Bulgaria are both looking...

Banking

MNB fines Erste HUF 19 mln

The National Bank of Hungary (MNB) yesterday fined Erste Alapkezelő, the local fund manager of Austria's Erste Group, a little...

Debt

ÁKK sells HUF 79.5 bln of bonds at auction

The Government Debt Management Agency (ÁKK) sold HUF 79.5 billion of bonds at auction on Thursday, HUF 14.5 bln more...

Banking

Serious interest in Széchenyi Card Program GO at OTP Bank

There has been serious interest in the Széchenyi Card Program GO, renewed on July 1, at OTP Bank branches, writes...

Trade

Paving the way for Future Hungarian Multinationals

Some 99% of the registered businesses in Hungary are small- and medium-sized. These companies are considered one of the main...

Banking

Lower impairment, higher operating income lift Erste earnings

Austria's Erste Group booked net income of EUR 84.7 million at its business in Hungary in the first half, after...

Banking

Raiffeisen H1 profit in Hungary rises to EUR 36 mln

Austria's Raiffeisen International (RBI) booked after-tax profit of EUR 36 million at its banking business in Hungary, up 64% from...

MNB

MNB raises base rate to 1.2%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

MNB

MNB signs cooperation agreement with Chinese body

The National Bank of Hungary (MNB) has signed a cooperation agreement with the China Securities Regulatory Commission (CSRC) to promote...

Banking

EBRD sells stake in major Romania office owner Globalworth

The European Bank for Reconstruction and Development (EBRD) said it has decided to sell its 5% stake in Globalworth, the...

Debt

Gov’t deficit reaches HUF 1.704 tln

Hungary's cash flow-based government deficit, excluding local councils, reached HUF 1.704 trillion at the end of June, widening on stimulus...

MNB

Matolcsy chides gov’t for investing in brick and mortar, not brains

National Bank of Hungary (MNB) governor György Matolcsy on Monday said state investments behind the 5.9%-of-GDP budget deficit target for...

Banking

93,000 bank accounts have secondary identifiers

At the end of the first quarter of this year, more than 93,000 bank accounts had secondary identifiers, the press...

Debt

Bulgaria c/a turns to deficit in May

Bulgaria posted a current account deficit of EUR 98.9 million in May, following a EUR 2.7 million surplus in the...

Central Bank Pledges Further Tightening After Rate Hike

The National Bank of Hungary (MNB) raised its key rate to 1.2% at its latest rate-setting meeting, with the 30-basis-point...

Romania selling on its jabs, despite low vaccination rates

Europe’s least-vaccinated countries are in no short supply of COVID-19 jabs - and yet Romania and Bulgaria are both looking...

MNB fines Erste HUF 19 mln

The National Bank of Hungary (MNB) yesterday fined Erste Alapkezelő, the local fund manager of Austria's Erste Group, a little...

ÁKK sells HUF 79.5 bln of bonds at auction

The Government Debt Management Agency (ÁKK) sold HUF 79.5 billion of bonds at auction on Thursday, HUF 14.5 bln more...

Serious interest in Széchenyi Card Program GO at OTP Bank

There has been serious interest in the Széchenyi Card Program GO, renewed on July 1, at OTP Bank branches, writes...

Paving the way for Future Hungarian Multinationals

Some 99% of the registered businesses in Hungary are small- and medium-sized. These companies are considered one of the main...

Lower impairment, higher operating income lift Erste earnings

Austria's Erste Group booked net income of EUR 84.7 million at its business in Hungary in the first half, after...

Raiffeisen H1 profit in Hungary rises to EUR 36 mln

Austria's Raiffeisen International (RBI) booked after-tax profit of EUR 36 million at its banking business in Hungary, up 64% from...

MNB raises base rate to 1.2%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

MNB signs cooperation agreement with Chinese body

The National Bank of Hungary (MNB) has signed a cooperation agreement with the China Securities Regulatory Commission (CSRC) to promote...

EBRD sells stake in major Romania office owner Globalworth

The European Bank for Reconstruction and Development (EBRD) said it has decided to sell its 5% stake in Globalworth, the...

Gov’t deficit reaches HUF 1.704 tln

Hungary's cash flow-based government deficit, excluding local councils, reached HUF 1.704 trillion at the end of June, widening on stimulus...

Matolcsy chides gov’t for investing in brick and mortar, not brains

National Bank of Hungary (MNB) governor György Matolcsy on Monday said state investments behind the 5.9%-of-GDP budget deficit target for...

93,000 bank accounts have secondary identifiers

At the end of the first quarter of this year, more than 93,000 bank accounts had secondary identifiers, the press...

Bulgaria c/a turns to deficit in May

Bulgaria posted a current account deficit of EUR 98.9 million in May, following a EUR 2.7 million surplus in the...