Finance

Banking

MFB makes HUF 1.7 tln of new financing in 2020

The state-owned Hungarian Development Bank (MFB) and its affiliates have committed more than HUF 1.7 trillion of new financing in...

Banking

EIF, Raiffeisenbank Serbia sign loan guarantee deal to back SMEs

Raiffeisenbank’s Serbian unit has signed a EUR 60 million (USD 73.4 million) loan guarantee agreement with the European Investment Fund...

Banking

Banking assoc asks borrowers who aren’t distressed to ‘think through’ moratorium

The Hungarian Banking Association asks borrowers who aren't distressed to "think through" participation in a six-month extension of the moratorium...

MNB

MNB keeps countercyclical capital buffer rate at 0%

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to keep the countercyclical capital buffer rate...

Debt

Gen gov’t deficit reaches HUF 3.298 tln at end-November, FinMin confirms

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 3.298 trillion at the end of November, lifted by...

MNB

Prolonged recovery likely to have ‘persistent’ disinflationary effects

A slow economic recovery from the coronavirus crisis is likely to cause "persistent" disinflationary effects in Hungary, but "volatile" pricing...

Banking

Bank card purchases up 15% in Q3

Purchases made in Hungary with locally issued bank cards came to HUF 1.837 trillion in the third quarter, up 15%...

Debt

Romania’s public external debt up in Jan-Oct

Romania's gross external debt increased by EUR 9.2 billion in the first ten months of the year, to a total...

Banking

Magyar Bankholding, new banking sector runner-up, starts operation

Magyar Bankholding, the 2nd largest banking group in Hungary, started effective operation on Tuesday, after the National Bank of Hungary...

Banking

Delta Technologies signs for HUF 1 bln credit line with OTP

Listed company Delta Technologies, formerly called EST MEDIA, said on Tuesday that it and its two units Delta Systems and...

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...

Banking

EBRD lends EUR 5 mln to OTP Bank in Albania

The European Bank for Reconstruction and Development is providing a EUR 5 million loan to OTP Bank Albania to improve...

Banking

Banking sector liquidity up in November – MNB

Forint liquidity of Hungary's banking sector rose in November from a month earlier, which was mainly reflected in an increase...

MNB

MNB signs agreement with monetary authority of Singapore

The National Bank of Hungary (MNB) yesterday said had it signed a cooperation agreement with the Monetary Authority of Singapore...

Banking

IIB outlays in Hungary reach nearly HUF 400 mln

Outlays of the International Investment Bank (IIB) in Hungary add up to almost EUR 400 million since 2015, the lenderʼs...

Banking

MFB makes HUF 1.7 tln of new financing in 2020

The state-owned Hungarian Development Bank (MFB) and its affiliates have committed more than HUF 1.7 trillion of new financing in...

Banking

EIF, Raiffeisenbank Serbia sign loan guarantee deal to back SMEs

Raiffeisenbank’s Serbian unit has signed a EUR 60 million (USD 73.4 million) loan guarantee agreement with the European Investment Fund...

Banking

Banking assoc asks borrowers who aren’t distressed to ‘think through’ moratorium

The Hungarian Banking Association asks borrowers who aren't distressed to "think through" participation in a six-month extension of the moratorium...

MNB

MNB keeps countercyclical capital buffer rate at 0%

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to keep the countercyclical capital buffer rate...

Debt

Gen gov’t deficit reaches HUF 3.298 tln at end-November, FinMin confirms

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 3.298 trillion at the end of November, lifted by...

MNB

Prolonged recovery likely to have ‘persistent’ disinflationary effects

A slow economic recovery from the coronavirus crisis is likely to cause "persistent" disinflationary effects in Hungary, but "volatile" pricing...

Banking

Bank card purchases up 15% in Q3

Purchases made in Hungary with locally issued bank cards came to HUF 1.837 trillion in the third quarter, up 15%...

Debt

Romania’s public external debt up in Jan-Oct

Romania's gross external debt increased by EUR 9.2 billion in the first ten months of the year, to a total...

Banking

Magyar Bankholding, new banking sector runner-up, starts operation

Magyar Bankholding, the 2nd largest banking group in Hungary, started effective operation on Tuesday, after the National Bank of Hungary...

Banking

Delta Technologies signs for HUF 1 bln credit line with OTP

Listed company Delta Technologies, formerly called EST MEDIA, said on Tuesday that it and its two units Delta Systems and...

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...

Banking

EBRD lends EUR 5 mln to OTP Bank in Albania

The European Bank for Reconstruction and Development is providing a EUR 5 million loan to OTP Bank Albania to improve...

Banking

Banking sector liquidity up in November – MNB

Forint liquidity of Hungary's banking sector rose in November from a month earlier, which was mainly reflected in an increase...

MNB

MNB signs agreement with monetary authority of Singapore

The National Bank of Hungary (MNB) yesterday said had it signed a cooperation agreement with the Monetary Authority of Singapore...

Banking

IIB outlays in Hungary reach nearly HUF 400 mln

Outlays of the International Investment Bank (IIB) in Hungary add up to almost EUR 400 million since 2015, the lenderʼs...

MFB makes HUF 1.7 tln of new financing in 2020

The state-owned Hungarian Development Bank (MFB) and its affiliates have committed more than HUF 1.7 trillion of new financing in...

EIF, Raiffeisenbank Serbia sign loan guarantee deal to back SMEs

Raiffeisenbank’s Serbian unit has signed a EUR 60 million (USD 73.4 million) loan guarantee agreement with the European Investment Fund...

Banking assoc asks borrowers who aren’t distressed to ‘think through’ moratorium

The Hungarian Banking Association asks borrowers who aren't distressed to "think through" participation in a six-month extension of the moratorium...

MNB keeps countercyclical capital buffer rate at 0%

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to keep the countercyclical capital buffer rate...

Gen gov’t deficit reaches HUF 3.298 tln at end-November, FinMin confirms

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 3.298 trillion at the end of November, lifted by...

Prolonged recovery likely to have ‘persistent’ disinflationary effects

A slow economic recovery from the coronavirus crisis is likely to cause "persistent" disinflationary effects in Hungary, but "volatile" pricing...

Bank card purchases up 15% in Q3

Purchases made in Hungary with locally issued bank cards came to HUF 1.837 trillion in the third quarter, up 15%...

Romania’s public external debt up in Jan-Oct

Romania's gross external debt increased by EUR 9.2 billion in the first ten months of the year, to a total...

Magyar Bankholding, new banking sector runner-up, starts operation

Magyar Bankholding, the 2nd largest banking group in Hungary, started effective operation on Tuesday, after the National Bank of Hungary...

Delta Technologies signs for HUF 1 bln credit line with OTP

Listed company Delta Technologies, formerly called EST MEDIA, said on Tuesday that it and its two units Delta Systems and...

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...

EBRD lends EUR 5 mln to OTP Bank in Albania

The European Bank for Reconstruction and Development is providing a EUR 5 million loan to OTP Bank Albania to improve...

Banking sector liquidity up in November – MNB

Forint liquidity of Hungary's banking sector rose in November from a month earlier, which was mainly reflected in an increase...

MNB signs agreement with monetary authority of Singapore

The National Bank of Hungary (MNB) yesterday said had it signed a cooperation agreement with the Monetary Authority of Singapore...

IIB outlays in Hungary reach nearly HUF 400 mln

Outlays of the International Investment Bank (IIB) in Hungary add up to almost EUR 400 million since 2015, the lenderʼs...