Finance

Banking

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Debt

Romanian companies owe EUR 15 bln to state budget

Companies in Romania continue to pile up debts to the state budget, although pressure on cash flow has decreased compared...

Debt

Gen gov’t deficit near HUF 540 bln at end-Feb

Hungary's cash flow-based general government, excluding local councils, reached HUF 539.7 bln at the end of February, the Finance Ministry...

Banking

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

MNB

MNB sets dates for EUR liquidity swap tenders

The National Bank of Hungary (MNB) has announced dates for euro liquidity swap tenders it will hold late in March...

Banking

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Debt

ÁKK sells HUF 82.5bn of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 82.5 billion of bonds at auction on Thursday, HUF 27.5 bln over...

Banking

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

MNB

HUF 30 tln sent through instant payment

Hungarians have transferred HUF 30 trillion using the instant payment system rolled out by the National Bank of Hungary (MNB)...

Banking

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Banking

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

MNB

MNB buys HUF 60 bln in QE securities

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

Banking

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Trade

Surplus on external trade in services at EUR 810 mln in Q4

In Q4 2020, service exports and imports calculated in EUR decreased by 32% and 25% respectively compared to Q4 2019,...

Debt

ÁKK sells HUF 15 bln of 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Debt

Romanian companies owe EUR 15 bln to state budget

Companies in Romania continue to pile up debts to the state budget, although pressure on cash flow has decreased compared...

Debt

Gen gov’t deficit near HUF 540 bln at end-Feb

Hungary's cash flow-based general government, excluding local councils, reached HUF 539.7 bln at the end of February, the Finance Ministry...

Banking

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

MNB

MNB sets dates for EUR liquidity swap tenders

The National Bank of Hungary (MNB) has announced dates for euro liquidity swap tenders it will hold late in March...

Banking

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Debt

ÁKK sells HUF 82.5bn of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 82.5 billion of bonds at auction on Thursday, HUF 27.5 bln over...

Banking

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

MNB

HUF 30 tln sent through instant payment

Hungarians have transferred HUF 30 trillion using the instant payment system rolled out by the National Bank of Hungary (MNB)...

Banking

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Banking

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

MNB

MNB buys HUF 60 bln in QE securities

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

Banking

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Trade

Surplus on external trade in services at EUR 810 mln in Q4

In Q4 2020, service exports and imports calculated in EUR decreased by 32% and 25% respectively compared to Q4 2019,...

Debt

ÁKK sells HUF 15 bln of 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Romanian companies owe EUR 15 bln to state budget

Companies in Romania continue to pile up debts to the state budget, although pressure on cash flow has decreased compared...

Gen gov’t deficit near HUF 540 bln at end-Feb

Hungary's cash flow-based general government, excluding local councils, reached HUF 539.7 bln at the end of February, the Finance Ministry...

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

MNB sets dates for EUR liquidity swap tenders

The National Bank of Hungary (MNB) has announced dates for euro liquidity swap tenders it will hold late in March...

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

ÁKK sells HUF 82.5bn of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 82.5 billion of bonds at auction on Thursday, HUF 27.5 bln over...

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

HUF 30 tln sent through instant payment

Hungarians have transferred HUF 30 trillion using the instant payment system rolled out by the National Bank of Hungary (MNB)...

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

MNB buys HUF 60 bln in QE securities

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

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Surplus on external trade in services at EUR 810 mln in Q4

In Q4 2020, service exports and imports calculated in EUR decreased by 32% and 25% respectively compared to Q4 2019,...

ÁKK sells HUF 15 bln of 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...