Finance

Debt

Croatia’s gross foreign debt down in October

Croatia's gross foreign debt edged down by 0.9% on a monthly comparison basis in October, to EUR 40.8 billion, preliminary...

Banking

Romanian central bank FX reserves edge up in Jan

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 37.454 billion at the end of...

MNB

Stock of prenatal baby support loans surpasses HUF 1.064 tln

Hungarian lenders' stock of prenatal baby support loans reached HUF 1.0645 tln at the end of December, up about HUF...

MNB

MNB starts buying bonds under 10 years in QE program

The National Bank of Hungary (MNB) bought HUF 55 billion of securities in the framework of a quantitative easing program...

Banking

Romania’s annual bank deposits growth slows down in Dec

The deposits of the non-governmental sector in Romanian banks grew 14.4% year-on-year to RON 420.79 billion (EUR 86.32 billion) in...

Banking

Eximbank lending stock reaches HUF 1.1 tln

Magyar Eximbank's loan book reached more than HUF 1.1 trillion at the end of 2020, chairman-CEO Gergely Jákli said in...

MNB

Monetary Council leaves base rate at 0.6%

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

Debt

ÁKK sells HUF 60 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of bonds maturing in 2027 and 2029, accepting ones expiring...

Trade

Chinese container trains arriving via Záhony up 10-fold 

The number of Chinese container trains arriving in Hungary via Záhony (300 km northeast of Budapest) increased almost 10-fold last...

Trade

Kosovo trade gap shrinks in 2020

Kosovo's trade deficit decreased by 9.4% year-on-year to EUR 2.8 billion (USD 3.4 billion) in 2020, the country's statistical office...

Debt

Slovakia c/a deficit decreases in November

Slovakia's current account deficit tightened to EUR 106.5 million in November 2020, from EUR 236.53 million in the previous year,...

Debt

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

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

Ratings

S&P revises Slovakia’s outlook to stable

S&P Global Ratings changed Slovakia's sovereign credit rating outlook to stable from negative and affirmed the debt grade at 'A+',...

MNB

Central Bank releases guidelines for classification of loans under moratorium

The National Bank of Hungary (MNB) has outlined in an executive circular detailed guidelines for the classification of loans under...

Banking

MNB accepts Budapest Bank for consumer-friendly personal loan qualification

The National Bank of Hungary (MNB) has accepted Budapest Bank's Qualified Consumer-Friendly Personal Loan application, according to which the bank...

Debt

Croatia’s gross foreign debt down in October

Croatia's gross foreign debt edged down by 0.9% on a monthly comparison basis in October, to EUR 40.8 billion, preliminary...

Banking

Romanian central bank FX reserves edge up in Jan

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 37.454 billion at the end of...

MNB

Stock of prenatal baby support loans surpasses HUF 1.064 tln

Hungarian lenders' stock of prenatal baby support loans reached HUF 1.0645 tln at the end of December, up about HUF...

MNB

MNB starts buying bonds under 10 years in QE program

The National Bank of Hungary (MNB) bought HUF 55 billion of securities in the framework of a quantitative easing program...

Banking

Romania’s annual bank deposits growth slows down in Dec

The deposits of the non-governmental sector in Romanian banks grew 14.4% year-on-year to RON 420.79 billion (EUR 86.32 billion) in...

Banking

Eximbank lending stock reaches HUF 1.1 tln

Magyar Eximbank's loan book reached more than HUF 1.1 trillion at the end of 2020, chairman-CEO Gergely Jákli said in...

MNB

Monetary Council leaves base rate at 0.6%

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

Debt

ÁKK sells HUF 60 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of bonds maturing in 2027 and 2029, accepting ones expiring...

Trade

Chinese container trains arriving via Záhony up 10-fold 

The number of Chinese container trains arriving in Hungary via Záhony (300 km northeast of Budapest) increased almost 10-fold last...

Trade

Kosovo trade gap shrinks in 2020

Kosovo's trade deficit decreased by 9.4% year-on-year to EUR 2.8 billion (USD 3.4 billion) in 2020, the country's statistical office...

Debt

Slovakia c/a deficit decreases in November

Slovakia's current account deficit tightened to EUR 106.5 million in November 2020, from EUR 236.53 million in the previous year,...

Debt

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

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

Ratings

S&P revises Slovakia’s outlook to stable

S&P Global Ratings changed Slovakia's sovereign credit rating outlook to stable from negative and affirmed the debt grade at 'A+',...

MNB

Central Bank releases guidelines for classification of loans under moratorium

The National Bank of Hungary (MNB) has outlined in an executive circular detailed guidelines for the classification of loans under...

Banking

MNB accepts Budapest Bank for consumer-friendly personal loan qualification

The National Bank of Hungary (MNB) has accepted Budapest Bank's Qualified Consumer-Friendly Personal Loan application, according to which the bank...

Croatia’s gross foreign debt down in October

Croatia's gross foreign debt edged down by 0.9% on a monthly comparison basis in October, to EUR 40.8 billion, preliminary...

Romanian central bank FX reserves edge up in Jan

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 37.454 billion at the end of...

Stock of prenatal baby support loans surpasses HUF 1.064 tln

Hungarian lenders' stock of prenatal baby support loans reached HUF 1.0645 tln at the end of December, up about HUF...

MNB starts buying bonds under 10 years in QE program

The National Bank of Hungary (MNB) bought HUF 55 billion of securities in the framework of a quantitative easing program...

Romania’s annual bank deposits growth slows down in Dec

The deposits of the non-governmental sector in Romanian banks grew 14.4% year-on-year to RON 420.79 billion (EUR 86.32 billion) in...

Eximbank lending stock reaches HUF 1.1 tln

Magyar Eximbank's loan book reached more than HUF 1.1 trillion at the end of 2020, chairman-CEO Gergely Jákli said in...

Monetary Council leaves base rate at 0.6%

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

ÁKK sells HUF 60 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of bonds maturing in 2027 and 2029, accepting ones expiring...

Chinese container trains arriving via Záhony up 10-fold 

The number of Chinese container trains arriving in Hungary via Záhony (300 km northeast of Budapest) increased almost 10-fold last...

Kosovo trade gap shrinks in 2020

Kosovo's trade deficit decreased by 9.4% year-on-year to EUR 2.8 billion (USD 3.4 billion) in 2020, the country's statistical office...

Slovakia c/a deficit decreases in November

Slovakia's current account deficit tightened to EUR 106.5 million in November 2020, from EUR 236.53 million in the previous year,...

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

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

S&P revises Slovakia’s outlook to stable

S&P Global Ratings changed Slovakia's sovereign credit rating outlook to stable from negative and affirmed the debt grade at 'A+',...

Central Bank releases guidelines for classification of loans under moratorium

The National Bank of Hungary (MNB) has outlined in an executive circular detailed guidelines for the classification of loans under...

MNB accepts Budapest Bank for consumer-friendly personal loan qualification

The National Bank of Hungary (MNB) has accepted Budapest Bank's Qualified Consumer-Friendly Personal Loan application, according to which the bank...