Finance

Banking

Household Lending Rises as Gránit Bank Drives Digital, Green Push

Hungarian banks have ample lending capacity, but demand is split: household borrowing is growing while corporate credit lags, says Gránit...

MNB

MNB Gov Participates at Jackson Hole Economic Policy Symposium

National Bank of Hungary (MNB) governor Mihály Varga is participating at the Jackson Hole Economic Policy Symposium, hosted by the...

Finance

Business Chamber Proposes Gradually Raising VAT Exemption Threshold

The Hungarian Chamber of Commerce and Industry (MKIK) announced a proposal to gradually raise the VAT exemption threshold from an...

MNB

Central Bank Launches Retail Account Fee Comparison

The National Bank of Hungary (MNB) on Tuesday announced the launch of a fees comparison for all retail bank account...

Banking

Chamber of Commerce to Support Promotion of Certified Corporate Loans

MNB launched its certification for corporate lending products with the aim to strengthen competition in the bank sector and help...

Finance

Factoring: Fast, Flexible, and an Increasingly Popular Financing Solution

When a company needs financing, taking out a loan is not always the quickest and easiest solution. More businesses are...

Finance

MBH: Don’t Worry about the Macro, Invest in the Long Term

It’s not advisable to exit the markets; instead, the strategy should be to retain and diversify, as this leads to...

Banking

Erste Bank Hungary After-tax Profit Slips in H1

First-half after-tax profit of Austrian-owned Erste Bank fell by approximately 7% year-on-year to HUF 69.2 billion, CEO Radovan Jelasity said...

Finance

Navigating the Crosswinds: EU Banking Regulation in a Shifting Geopolitical Landscape

The EU banking sector is operating in a world marked by persistent geopolitical tension, economic fragmentation, and evolving supervisory expectations....

Banking

OTP Acknowledges EU-wide Stress Test Results

OTP Bank, Hungary's biggest commercial lender, acknowledged the results of a 2025 stress test conducted by the European Banking Authority...

Trade

Gov’t Sets up Working Group With Biggest Exporters to US

The gov't is setting up a working group with 10 strategic partner companies to counter the negative consequences of the...

MNB

Central Bank Director Joins EIOPA Management Board

Koppány Nagy, the National Bank of Hungary’s (MNB) director for Insurance, Pension Funds and Intermediaries Supervision, has been elected to...

Finance

Hungary Issues RMB 5 bln of Panda Bonds, Targeted at Chinese Institutional Investors

Hungary issued RMB 5 billion of panda bonds, targeted at Chinese institutional investors, on Tuesday, the National Economy Ministry said,...

MNB

National Bank Policymakers Leave 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...

Debt

Hungary Mandates Panda Bond Issue

Hungary's Government Debt Management Agency (ÁKK) on Friday said it mandated Bank of China and three other financial institutions to...

Banking

Household Lending Rises as Gránit Bank Drives Digital, Green Push

Hungarian banks have ample lending capacity, but demand is split: household borrowing is growing while corporate credit lags, says Gránit...

MNB

MNB Gov Participates at Jackson Hole Economic Policy Symposium

National Bank of Hungary (MNB) governor Mihály Varga is participating at the Jackson Hole Economic Policy Symposium, hosted by the...

Finance

Business Chamber Proposes Gradually Raising VAT Exemption Threshold

The Hungarian Chamber of Commerce and Industry (MKIK) announced a proposal to gradually raise the VAT exemption threshold from an...

MNB

Central Bank Launches Retail Account Fee Comparison

The National Bank of Hungary (MNB) on Tuesday announced the launch of a fees comparison for all retail bank account...

Banking

Chamber of Commerce to Support Promotion of Certified Corporate Loans

MNB launched its certification for corporate lending products with the aim to strengthen competition in the bank sector and help...

Finance

Factoring: Fast, Flexible, and an Increasingly Popular Financing Solution

When a company needs financing, taking out a loan is not always the quickest and easiest solution. More businesses are...

Finance

MBH: Don’t Worry about the Macro, Invest in the Long Term

It’s not advisable to exit the markets; instead, the strategy should be to retain and diversify, as this leads to...

Banking

Erste Bank Hungary After-tax Profit Slips in H1

First-half after-tax profit of Austrian-owned Erste Bank fell by approximately 7% year-on-year to HUF 69.2 billion, CEO Radovan Jelasity said...

Finance

Navigating the Crosswinds: EU Banking Regulation in a Shifting Geopolitical Landscape

The EU banking sector is operating in a world marked by persistent geopolitical tension, economic fragmentation, and evolving supervisory expectations....

Banking

OTP Acknowledges EU-wide Stress Test Results

OTP Bank, Hungary's biggest commercial lender, acknowledged the results of a 2025 stress test conducted by the European Banking Authority...

Trade

Gov’t Sets up Working Group With Biggest Exporters to US

The gov't is setting up a working group with 10 strategic partner companies to counter the negative consequences of the...

MNB

Central Bank Director Joins EIOPA Management Board

Koppány Nagy, the National Bank of Hungary’s (MNB) director for Insurance, Pension Funds and Intermediaries Supervision, has been elected to...

Finance

Hungary Issues RMB 5 bln of Panda Bonds, Targeted at Chinese Institutional Investors

Hungary issued RMB 5 billion of panda bonds, targeted at Chinese institutional investors, on Tuesday, the National Economy Ministry said,...

MNB

National Bank Policymakers Leave 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...

Debt

Hungary Mandates Panda Bond Issue

Hungary's Government Debt Management Agency (ÁKK) on Friday said it mandated Bank of China and three other financial institutions to...

Household Lending Rises as Gránit Bank Drives Digital, Green Push

Hungarian banks have ample lending capacity, but demand is split: household borrowing is growing while corporate credit lags, says Gránit...

MNB Gov Participates at Jackson Hole Economic Policy Symposium

National Bank of Hungary (MNB) governor Mihály Varga is participating at the Jackson Hole Economic Policy Symposium, hosted by the...

Business Chamber Proposes Gradually Raising VAT Exemption Threshold

The Hungarian Chamber of Commerce and Industry (MKIK) announced a proposal to gradually raise the VAT exemption threshold from an...

Central Bank Launches Retail Account Fee Comparison

The National Bank of Hungary (MNB) on Tuesday announced the launch of a fees comparison for all retail bank account...

Chamber of Commerce to Support Promotion of Certified Corporate Loans

MNB launched its certification for corporate lending products with the aim to strengthen competition in the bank sector and help...

Factoring: Fast, Flexible, and an Increasingly Popular Financing Solution

When a company needs financing, taking out a loan is not always the quickest and easiest solution. More businesses are...

MBH: Don’t Worry about the Macro, Invest in the Long Term

It’s not advisable to exit the markets; instead, the strategy should be to retain and diversify, as this leads to...

Erste Bank Hungary After-tax Profit Slips in H1

First-half after-tax profit of Austrian-owned Erste Bank fell by approximately 7% year-on-year to HUF 69.2 billion, CEO Radovan Jelasity said...

Navigating the Crosswinds: EU Banking Regulation in a Shifting Geopolitical Landscape

The EU banking sector is operating in a world marked by persistent geopolitical tension, economic fragmentation, and evolving supervisory expectations....

OTP Acknowledges EU-wide Stress Test Results

OTP Bank, Hungary's biggest commercial lender, acknowledged the results of a 2025 stress test conducted by the European Banking Authority...

Gov’t Sets up Working Group With Biggest Exporters to US

The gov't is setting up a working group with 10 strategic partner companies to counter the negative consequences of the...

Central Bank Director Joins EIOPA Management Board

Koppány Nagy, the National Bank of Hungary’s (MNB) director for Insurance, Pension Funds and Intermediaries Supervision, has been elected to...

Hungary Issues RMB 5 bln of Panda Bonds, Targeted at Chinese Institutional Investors

Hungary issued RMB 5 billion of panda bonds, targeted at Chinese institutional investors, on Tuesday, the National Economy Ministry said,...

National Bank Policymakers Leave 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...

Hungary Mandates Panda Bond Issue

Hungary's Government Debt Management Agency (ÁKK) on Friday said it mandated Bank of China and three other financial institutions to...