Finance

Banking

Erste Says Curia, EU Court Rulings Confirm Validity of Converted FX Loans

Erste Bank confirmed that its foreign currency loan contracts – since converted into forints – remain valid, citing the Curia's...

Ratings

Scope Ratings Revises Futureal’s Outlook to Stable

Scope Ratings has affirmed the BB- issuer ratings of Futureal Development Holding Kft. and Futureal Holding B.V., revising the Outlook...

Ratings

Moody’s Upgrades Raiffeisen Bank Hungary’s Senior Unsecured Ratings

Moody's Ratings on Friday said it upgraded Raiffeisen Bank Hungary's senior unsecured ratings to Baa2 from Baa3, according to state...

MNB

Policymakers Voted Unanimously to Keep Rates on Hold at June Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the central bank base...

Ratings

Scope Ratings Affirms AutoWallis Credit Rating, Stable Outlook

Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating, leading the independent institute to affirm the stable...

MNB

Banking System Stable Amid Global Uncertainty – Varga

Hungary's economy can count on a stable banking system amid the current global uncertainty, Mihály Varga, the governor of the...

MNB

MNB: Cooperation Among Central Banks Key for Strengthening Global Financial Stability

Increasing uncertainties have a negative impact on the economic environment of the whole of Europe and on global growth prospects,...

MNB

National Bank Monetary Council Leaves 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...

Banking

Gulyás: Gov’t to Extend Rate Freeze for Retail Borrowers

The government has decided to a extend a rate freeze on retail credit for another six months, Gergely Gulyás, the...

MNB

Parl’t Committee Clears Nominee for Central Bank Deputy Governor

Parliament's Economy Committee cleared a nominee for the position of deputy governor of the National Bank of Hungary (MNB) after...

Banking

Fitch Endorses Strength of MFB, Eximbank with Affirmed Investment-Grade Ratings

Fitch Ratings affirmed the credit ratings of both Hungarian Development Bank (MFB) and Magyar Export-Import Bank Zrt. (Eximbank Zrt.) at...

MNB

MNB to Support Gov’t Stepping up Against Fraudsters – Varga

The central bank will support the government's actions against financial fraudsters with five measures, Mihály Varga, the governor of the...

Trade

Hungary’s Service Trade Surplus Hits EUR 2.2 bln in Q1

Hungary recorded a EUR 2.2 billion surplus in its external trade in services in the first quarter of 2025, according...

Banking

Banking Association Members Turn to Constitutional Court Over Rate Freeze

Several members of the Hungarian Banking Association have asked the Constitutional Court to declare the rate freeze on retail credit...

MNB

Central 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...

Banking

Erste Says Curia, EU Court Rulings Confirm Validity of Converted FX Loans

Erste Bank confirmed that its foreign currency loan contracts – since converted into forints – remain valid, citing the Curia's...

Ratings

Scope Ratings Revises Futureal’s Outlook to Stable

Scope Ratings has affirmed the BB- issuer ratings of Futureal Development Holding Kft. and Futureal Holding B.V., revising the Outlook...

Ratings

Moody’s Upgrades Raiffeisen Bank Hungary’s Senior Unsecured Ratings

Moody's Ratings on Friday said it upgraded Raiffeisen Bank Hungary's senior unsecured ratings to Baa2 from Baa3, according to state...

MNB

Policymakers Voted Unanimously to Keep Rates on Hold at June Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the central bank base...

Ratings

Scope Ratings Affirms AutoWallis Credit Rating, Stable Outlook

Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating, leading the independent institute to affirm the stable...

MNB

Banking System Stable Amid Global Uncertainty – Varga

Hungary's economy can count on a stable banking system amid the current global uncertainty, Mihály Varga, the governor of the...

MNB

MNB: Cooperation Among Central Banks Key for Strengthening Global Financial Stability

Increasing uncertainties have a negative impact on the economic environment of the whole of Europe and on global growth prospects,...

MNB

National Bank Monetary Council Leaves 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...

Banking

Gulyás: Gov’t to Extend Rate Freeze for Retail Borrowers

The government has decided to a extend a rate freeze on retail credit for another six months, Gergely Gulyás, the...

MNB

Parl’t Committee Clears Nominee for Central Bank Deputy Governor

Parliament's Economy Committee cleared a nominee for the position of deputy governor of the National Bank of Hungary (MNB) after...

Banking

Fitch Endorses Strength of MFB, Eximbank with Affirmed Investment-Grade Ratings

Fitch Ratings affirmed the credit ratings of both Hungarian Development Bank (MFB) and Magyar Export-Import Bank Zrt. (Eximbank Zrt.) at...

MNB

MNB to Support Gov’t Stepping up Against Fraudsters – Varga

The central bank will support the government's actions against financial fraudsters with five measures, Mihály Varga, the governor of the...

Trade

Hungary’s Service Trade Surplus Hits EUR 2.2 bln in Q1

Hungary recorded a EUR 2.2 billion surplus in its external trade in services in the first quarter of 2025, according...

Banking

Banking Association Members Turn to Constitutional Court Over Rate Freeze

Several members of the Hungarian Banking Association have asked the Constitutional Court to declare the rate freeze on retail credit...

MNB

Central 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...

Erste Says Curia, EU Court Rulings Confirm Validity of Converted FX Loans

Erste Bank confirmed that its foreign currency loan contracts – since converted into forints – remain valid, citing the Curia's...

Scope Ratings Revises Futureal’s Outlook to Stable

Scope Ratings has affirmed the BB- issuer ratings of Futureal Development Holding Kft. and Futureal Holding B.V., revising the Outlook...

Moody’s Upgrades Raiffeisen Bank Hungary’s Senior Unsecured Ratings

Moody's Ratings on Friday said it upgraded Raiffeisen Bank Hungary's senior unsecured ratings to Baa2 from Baa3, according to state...

Policymakers Voted Unanimously to Keep Rates on Hold at June Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the central bank base...

Scope Ratings Affirms AutoWallis Credit Rating, Stable Outlook

Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating, leading the independent institute to affirm the stable...

Banking System Stable Amid Global Uncertainty – Varga

Hungary's economy can count on a stable banking system amid the current global uncertainty, Mihály Varga, the governor of the...

MNB: Cooperation Among Central Banks Key for Strengthening Global Financial Stability

Increasing uncertainties have a negative impact on the economic environment of the whole of Europe and on global growth prospects,...

National Bank Monetary Council Leaves 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...

Gulyás: Gov’t to Extend Rate Freeze for Retail Borrowers

The government has decided to a extend a rate freeze on retail credit for another six months, Gergely Gulyás, the...

Parl’t Committee Clears Nominee for Central Bank Deputy Governor

Parliament's Economy Committee cleared a nominee for the position of deputy governor of the National Bank of Hungary (MNB) after...

Fitch Endorses Strength of MFB, Eximbank with Affirmed Investment-Grade Ratings

Fitch Ratings affirmed the credit ratings of both Hungarian Development Bank (MFB) and Magyar Export-Import Bank Zrt. (Eximbank Zrt.) at...

MNB to Support Gov’t Stepping up Against Fraudsters – Varga

The central bank will support the government's actions against financial fraudsters with five measures, Mihály Varga, the governor of the...

Hungary’s Service Trade Surplus Hits EUR 2.2 bln in Q1

Hungary recorded a EUR 2.2 billion surplus in its external trade in services in the first quarter of 2025, according...

Banking Association Members Turn to Constitutional Court Over Rate Freeze

Several members of the Hungarian Banking Association have asked the Constitutional Court to declare the rate freeze on retail credit...

Central 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...