Finance

MNB

MNB Hails Pandemic Response, Charts Path to Recovery

The coronavirus pandemic hit the Hungarian economy at a time when its fundamentals were stable, and growth was strong, according...

Banking

Moving Next Door and Learning how to Move On

The businesses that come out strongest from the post-COVID period will be the ones that have been able to learn...

Banking

Poles amass a record PLN 1 tln in bank accounts

The savings that Polish citizens keep in banks have topped PLN 1 trillion (EUR 216 billion) for the first time,...

Banking

Romania’s annual bank deposits growth speeds up in Feb

The deposits of the non-governmental sector in Romanian banks grew 16.4% on the year to RON 427.7 billion (EUR 88...

Banking

Hungarian Bankholding announces 2023 launch date

Hungarian Bankholding Ltd. has approved the five-year business strategy for the merger of Budapest Bank, MKB Bank, and Takarékbank, looking...

Banking

MKB 2020 profit plunges 81% on COVID costs, lower revenue

After-tax profit of MKB Bank fell 81% to HUF 8.4 billion in 2020, declining on COVID risk costs and lower...

Trade

CCIU President Mari passes away

Francesco Maria Mari, the President of the Italian Chamber of Commerce in Hungary (CCIU) passed away suddenly at the age...

Debt

Serbia c/a balance swings to record surplus in Jan

Serbia recorded a current account surplus of EUR 249 million in January, versus a deficit of EUR 85 million in...

Banking

Fewer consumer loans in Poland in February

February witnessed a slump in consumer loans against the previous month, the National Bank of Poland reported on Monday....

Debt

ÁKK exchanges 35 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) exchanged HUF 35 billion of bonds maturing in 2022 and 2023 for ones maturing...

Banking

Futureal issues green bonds under BGS

Hungarian property developer Futureal issued a green bond with a nominal value of HUF 55 billion under the Bond Funding...

MNB

Policymakers leave base rate unchanged

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

Debt

Bulgaria c/a swings to surplus in January

Bulgaria posted a current account surplus EUR 85 million in January compared to a deficit of EUR 12.7 million in...

Banking

OTP named best bank in Hungary by Global Finance magazine

New York-based Global Finance magazine named OTP Bank Hungary's best bank in 2021, according to a press release sent to...

MNB

Hungary c/a surplus at EUR 99 mln in 2020

Hungary's current-account surplus reached EUR 99 million for the full year in 2020, quarterly data released by the National Bank...

MNB

MNB Hails Pandemic Response, Charts Path to Recovery

The coronavirus pandemic hit the Hungarian economy at a time when its fundamentals were stable, and growth was strong, according...

Banking

Moving Next Door and Learning how to Move On

The businesses that come out strongest from the post-COVID period will be the ones that have been able to learn...

Banking

Poles amass a record PLN 1 tln in bank accounts

The savings that Polish citizens keep in banks have topped PLN 1 trillion (EUR 216 billion) for the first time,...

Banking

Romania’s annual bank deposits growth speeds up in Feb

The deposits of the non-governmental sector in Romanian banks grew 16.4% on the year to RON 427.7 billion (EUR 88...

Banking

Hungarian Bankholding announces 2023 launch date

Hungarian Bankholding Ltd. has approved the five-year business strategy for the merger of Budapest Bank, MKB Bank, and Takarékbank, looking...

Banking

MKB 2020 profit plunges 81% on COVID costs, lower revenue

After-tax profit of MKB Bank fell 81% to HUF 8.4 billion in 2020, declining on COVID risk costs and lower...

Trade

CCIU President Mari passes away

Francesco Maria Mari, the President of the Italian Chamber of Commerce in Hungary (CCIU) passed away suddenly at the age...

Debt

Serbia c/a balance swings to record surplus in Jan

Serbia recorded a current account surplus of EUR 249 million in January, versus a deficit of EUR 85 million in...

Banking

Fewer consumer loans in Poland in February

February witnessed a slump in consumer loans against the previous month, the National Bank of Poland reported on Monday....

Debt

ÁKK exchanges 35 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) exchanged HUF 35 billion of bonds maturing in 2022 and 2023 for ones maturing...

Banking

Futureal issues green bonds under BGS

Hungarian property developer Futureal issued a green bond with a nominal value of HUF 55 billion under the Bond Funding...

MNB

Policymakers leave base rate unchanged

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

Debt

Bulgaria c/a swings to surplus in January

Bulgaria posted a current account surplus EUR 85 million in January compared to a deficit of EUR 12.7 million in...

Banking

OTP named best bank in Hungary by Global Finance magazine

New York-based Global Finance magazine named OTP Bank Hungary's best bank in 2021, according to a press release sent to...

MNB

Hungary c/a surplus at EUR 99 mln in 2020

Hungary's current-account surplus reached EUR 99 million for the full year in 2020, quarterly data released by the National Bank...

MNB Hails Pandemic Response, Charts Path to Recovery

The coronavirus pandemic hit the Hungarian economy at a time when its fundamentals were stable, and growth was strong, according...

Moving Next Door and Learning how to Move On

The businesses that come out strongest from the post-COVID period will be the ones that have been able to learn...

Poles amass a record PLN 1 tln in bank accounts

The savings that Polish citizens keep in banks have topped PLN 1 trillion (EUR 216 billion) for the first time,...

Romania’s annual bank deposits growth speeds up in Feb

The deposits of the non-governmental sector in Romanian banks grew 16.4% on the year to RON 427.7 billion (EUR 88...

Hungarian Bankholding announces 2023 launch date

Hungarian Bankholding Ltd. has approved the five-year business strategy for the merger of Budapest Bank, MKB Bank, and Takarékbank, looking...

MKB 2020 profit plunges 81% on COVID costs, lower revenue

After-tax profit of MKB Bank fell 81% to HUF 8.4 billion in 2020, declining on COVID risk costs and lower...

CCIU President Mari passes away

Francesco Maria Mari, the President of the Italian Chamber of Commerce in Hungary (CCIU) passed away suddenly at the age...

Serbia c/a balance swings to record surplus in Jan

Serbia recorded a current account surplus of EUR 249 million in January, versus a deficit of EUR 85 million in...

Fewer consumer loans in Poland in February

February witnessed a slump in consumer loans against the previous month, the National Bank of Poland reported on Monday....

ÁKK exchanges 35 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) exchanged HUF 35 billion of bonds maturing in 2022 and 2023 for ones maturing...

Futureal issues green bonds under BGS

Hungarian property developer Futureal issued a green bond with a nominal value of HUF 55 billion under the Bond Funding...

Policymakers leave base rate unchanged

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

Bulgaria c/a swings to surplus in January

Bulgaria posted a current account surplus EUR 85 million in January compared to a deficit of EUR 12.7 million in...

OTP named best bank in Hungary by Global Finance magazine

New York-based Global Finance magazine named OTP Bank Hungary's best bank in 2021, according to a press release sent to...

Hungary c/a surplus at EUR 99 mln in 2020

Hungary's current-account surplus reached EUR 99 million for the full year in 2020, quarterly data released by the National Bank...