Finance

Banking

Croatia’s c. bank FX reserves up in April

The foreign exchange (FX) reserves held by Croatia's central bank totaled EUR 20.4 billion at the end of April, up...

Banking

OTP signs deal to acquire Slovenia’s 2nd biggest bank

OTP Bank on Monday said it signed an agreement to acquire Nova KBM, Slovenia's second-biggest lender with 20.5% market share...

Banking

Romania’s bank lending growth up, deposits down in April

The value of Romanian banks' outstanding loans to the non-government sector grew 8.3% year-on-year to RON 293.6 billion (EUR 59.7...

Banking

Nestlé Hungária raises HUF 116.7 bln with BGS bond issue

Nestlé Hungária, the local unit of the Swiss food giant, has raised HUF 116.7 billion from the sale of bonds...

Trade

Surplus on external trade in services at EUR 826 mln in Q1

In the first quarter of 2021 service exports and imports calculated in EUR decreased by 25% and 16% respectively compared...

Banking

Bulgaria’s non-govt deposit growth slows, borrowing speeds up

Deposits of Bulgaria's non-government sector rose by 11.4% year-on-year at the end of April, to BGN 95.6 billion (EUR 48.9...

Trade

DUIHK Expects Swift Economic Recovery From COVID

The members of the German-Hungarian Chamber of Industry and Commerce (DUIHK) and other foreign investors are expecting renewed economic activity...

Trade

Bosnia’s Serb Republic trade gap narrows in Jan-Apr

The trade deficit of Bosnia's Serb Republic decreased by 15.9% year-on-year in the first four months of 2021, to BAM...

Trade

Kosovo trade gap widens in April

Kosovo's trade deficit increased by 100.5% year-on-year to EUR 323.4 million in April, the country's statistical office said. Exports (FOB)...

Trade

Rail link for HUF 30 bln East-West Gate terminal inaugurated in NE Hungary

East-West Intermodális Logisztikai on Wednesday inaugurated a rail link that will connect a HUF 30 billion intermodal logistics terminal it...

MNB

MNB buys HUF 60 bln under QE program

The National Bank of Hungary (MNB) bought HUF 60 billion of securities under its quantitative easing program in the week...

Banking

MKB Q1 earnings climb on interest income, revaluations

The first-quarter after-tax profit of MKB Bank rose to HUF 26.8 billion from HUF 1.8 bln in the base period,...

MNB

MNB policymakers keep base rate on hold 

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

MNB

MNB launches HUF 54 bln renovation of landmark HQ

The National Bank of Hungary (MNB) announced the launch of a HUF 54 bln full-scale renovation of its headquarters on...

MNB

Corporate credit conditions little changed amid rising demand

Conditions for corporate credit were little changed in the first quarter, while demand for both short- and long-term loans grew,...

Banking

Croatia’s c. bank FX reserves up in April

The foreign exchange (FX) reserves held by Croatia's central bank totaled EUR 20.4 billion at the end of April, up...

Banking

OTP signs deal to acquire Slovenia’s 2nd biggest bank

OTP Bank on Monday said it signed an agreement to acquire Nova KBM, Slovenia's second-biggest lender with 20.5% market share...

Banking

Romania’s bank lending growth up, deposits down in April

The value of Romanian banks' outstanding loans to the non-government sector grew 8.3% year-on-year to RON 293.6 billion (EUR 59.7...

Banking

Nestlé Hungária raises HUF 116.7 bln with BGS bond issue

Nestlé Hungária, the local unit of the Swiss food giant, has raised HUF 116.7 billion from the sale of bonds...

Trade

Surplus on external trade in services at EUR 826 mln in Q1

In the first quarter of 2021 service exports and imports calculated in EUR decreased by 25% and 16% respectively compared...

Banking

Bulgaria’s non-govt deposit growth slows, borrowing speeds up

Deposits of Bulgaria's non-government sector rose by 11.4% year-on-year at the end of April, to BGN 95.6 billion (EUR 48.9...

Trade

DUIHK Expects Swift Economic Recovery From COVID

The members of the German-Hungarian Chamber of Industry and Commerce (DUIHK) and other foreign investors are expecting renewed economic activity...

Trade

Bosnia’s Serb Republic trade gap narrows in Jan-Apr

The trade deficit of Bosnia's Serb Republic decreased by 15.9% year-on-year in the first four months of 2021, to BAM...

Trade

Kosovo trade gap widens in April

Kosovo's trade deficit increased by 100.5% year-on-year to EUR 323.4 million in April, the country's statistical office said. Exports (FOB)...

Trade

Rail link for HUF 30 bln East-West Gate terminal inaugurated in NE Hungary

East-West Intermodális Logisztikai on Wednesday inaugurated a rail link that will connect a HUF 30 billion intermodal logistics terminal it...

MNB

MNB buys HUF 60 bln under QE program

The National Bank of Hungary (MNB) bought HUF 60 billion of securities under its quantitative easing program in the week...

Banking

MKB Q1 earnings climb on interest income, revaluations

The first-quarter after-tax profit of MKB Bank rose to HUF 26.8 billion from HUF 1.8 bln in the base period,...

MNB

MNB policymakers keep base rate on hold 

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

MNB

MNB launches HUF 54 bln renovation of landmark HQ

The National Bank of Hungary (MNB) announced the launch of a HUF 54 bln full-scale renovation of its headquarters on...

MNB

Corporate credit conditions little changed amid rising demand

Conditions for corporate credit were little changed in the first quarter, while demand for both short- and long-term loans grew,...

Croatia’s c. bank FX reserves up in April

The foreign exchange (FX) reserves held by Croatia's central bank totaled EUR 20.4 billion at the end of April, up...

OTP signs deal to acquire Slovenia’s 2nd biggest bank

OTP Bank on Monday said it signed an agreement to acquire Nova KBM, Slovenia's second-biggest lender with 20.5% market share...

Romania’s bank lending growth up, deposits down in April

The value of Romanian banks' outstanding loans to the non-government sector grew 8.3% year-on-year to RON 293.6 billion (EUR 59.7...

Nestlé Hungária raises HUF 116.7 bln with BGS bond issue

Nestlé Hungária, the local unit of the Swiss food giant, has raised HUF 116.7 billion from the sale of bonds...

Surplus on external trade in services at EUR 826 mln in Q1

In the first quarter of 2021 service exports and imports calculated in EUR decreased by 25% and 16% respectively compared...

Bulgaria’s non-govt deposit growth slows, borrowing speeds up

Deposits of Bulgaria's non-government sector rose by 11.4% year-on-year at the end of April, to BGN 95.6 billion (EUR 48.9...

DUIHK Expects Swift Economic Recovery From COVID

The members of the German-Hungarian Chamber of Industry and Commerce (DUIHK) and other foreign investors are expecting renewed economic activity...

Bosnia’s Serb Republic trade gap narrows in Jan-Apr

The trade deficit of Bosnia's Serb Republic decreased by 15.9% year-on-year in the first four months of 2021, to BAM...

Kosovo trade gap widens in April

Kosovo's trade deficit increased by 100.5% year-on-year to EUR 323.4 million in April, the country's statistical office said. Exports (FOB)...

Rail link for HUF 30 bln East-West Gate terminal inaugurated in NE Hungary

East-West Intermodális Logisztikai on Wednesday inaugurated a rail link that will connect a HUF 30 billion intermodal logistics terminal it...

MNB buys HUF 60 bln under QE program

The National Bank of Hungary (MNB) bought HUF 60 billion of securities under its quantitative easing program in the week...

MKB Q1 earnings climb on interest income, revaluations

The first-quarter after-tax profit of MKB Bank rose to HUF 26.8 billion from HUF 1.8 bln in the base period,...

MNB policymakers keep base rate on hold 

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

MNB launches HUF 54 bln renovation of landmark HQ

The National Bank of Hungary (MNB) announced the launch of a HUF 54 bln full-scale renovation of its headquarters on...

Corporate credit conditions little changed amid rising demand

Conditions for corporate credit were little changed in the first quarter, while demand for both short- and long-term loans grew,...