Finance

Banking

Takarékbank-MKB-Budapest Bank tie-up declared of strategic importance

The government has declared the consolidation of the shares of MTB Magyar Takarékszövetkezeti Bank, MKB Bank, and state-owned Budapest Bank...

Debt

ÁKK sells HUF 45 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of securities at auction on Wednesday, HUF 10...

Banking

Cordia raises HUF 4 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 4 billion in proceeds from the sale of a bond issued in the framework...

Banking

Citi to plant 50,000 saplings to mark anniversary in Hungary

Citi Hungary celebrates the 35th anniversary of its presence in the country, and the 15th anniversary of the establishment of...

Debt

Gen govʼt deficit reaches HUF 3.298 tln at end-November

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached about HUF 3.298 trillion at the end of November, lifted...

Trade

Trade surplus at EUR 896 mln in October

The surplus on external trade in goods amounted to EUR 896 million in October, according to data published by the...

MNB

Banking sector profit falls on provisioning

The combined after-tax profit of Hungarian banks fell 45% year-on-year to HUF 305 billion in Q1-Q3 as provisions jumped, state...

Debt

Serbiaʼs public debt increases at the end of October

The public debt of Serbia, at the end of October, amounted to around EUR 26.69 billion, which is 56.9% of...

Banking

Hungary decline in tax-to-GDP ratio steepest in OECD

Hungaryʼs tax-to-GDP fell by 1.7 percentage points last year, more than in any other OECD country, Deputy Finance Minister András...

Banking

Romaniaʼs govʼt borrows 55% above target from local banks in November

Romaniaʼs Finance Ministry borrowed RON 7.86 billion (EUR 1.6 billion) by issuing local currency-denominated debt on the local interbank market...

Debt

ÁKK sells HUF 110 bln of bonds auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 110 billion of bonds at auction on Thursday, HUF 30...

Banking

Poland holds key interest rate

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

MNB

Opus plans HUF 39 bln BGS bond issue

The board of listed holding company Opus Global will ask shareholders for authorization to issue a HUF 39 billion, 10-year...

Debt

Romaniaʼs public deficit exceeds in Jan-Oct

Romaniaʼs budget deficit increased by RON 6.77 billion (nearly EUR 1.4 billion) in October, reaching RON 74.0 bln (EUR 15.2...

Debt

Bulgariaʼs gross foreign debt grows in September

Bulgariaʼs gross foreign debt totaled EUR 37.9 billion at the end of September, up 8.5% on an annual comparison basis,...

Banking

Takarékbank-MKB-Budapest Bank tie-up declared of strategic importance

The government has declared the consolidation of the shares of MTB Magyar Takarékszövetkezeti Bank, MKB Bank, and state-owned Budapest Bank...

Debt

ÁKK sells HUF 45 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of securities at auction on Wednesday, HUF 10...

Banking

Cordia raises HUF 4 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 4 billion in proceeds from the sale of a bond issued in the framework...

Banking

Citi to plant 50,000 saplings to mark anniversary in Hungary

Citi Hungary celebrates the 35th anniversary of its presence in the country, and the 15th anniversary of the establishment of...

Debt

Gen govʼt deficit reaches HUF 3.298 tln at end-November

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached about HUF 3.298 trillion at the end of November, lifted...

Trade

Trade surplus at EUR 896 mln in October

The surplus on external trade in goods amounted to EUR 896 million in October, according to data published by the...

MNB

Banking sector profit falls on provisioning

The combined after-tax profit of Hungarian banks fell 45% year-on-year to HUF 305 billion in Q1-Q3 as provisions jumped, state...

Debt

Serbiaʼs public debt increases at the end of October

The public debt of Serbia, at the end of October, amounted to around EUR 26.69 billion, which is 56.9% of...

Banking

Hungary decline in tax-to-GDP ratio steepest in OECD

Hungaryʼs tax-to-GDP fell by 1.7 percentage points last year, more than in any other OECD country, Deputy Finance Minister András...

Banking

Romaniaʼs govʼt borrows 55% above target from local banks in November

Romaniaʼs Finance Ministry borrowed RON 7.86 billion (EUR 1.6 billion) by issuing local currency-denominated debt on the local interbank market...

Debt

ÁKK sells HUF 110 bln of bonds auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 110 billion of bonds at auction on Thursday, HUF 30...

Banking

Poland holds key interest rate

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

MNB

Opus plans HUF 39 bln BGS bond issue

The board of listed holding company Opus Global will ask shareholders for authorization to issue a HUF 39 billion, 10-year...

Debt

Romaniaʼs public deficit exceeds in Jan-Oct

Romaniaʼs budget deficit increased by RON 6.77 billion (nearly EUR 1.4 billion) in October, reaching RON 74.0 bln (EUR 15.2...

Debt

Bulgariaʼs gross foreign debt grows in September

Bulgariaʼs gross foreign debt totaled EUR 37.9 billion at the end of September, up 8.5% on an annual comparison basis,...

Takarékbank-MKB-Budapest Bank tie-up declared of strategic importance

The government has declared the consolidation of the shares of MTB Magyar Takarékszövetkezeti Bank, MKB Bank, and state-owned Budapest Bank...

ÁKK sells HUF 45 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of securities at auction on Wednesday, HUF 10...

Cordia raises HUF 4 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 4 billion in proceeds from the sale of a bond issued in the framework...

Citi to plant 50,000 saplings to mark anniversary in Hungary

Citi Hungary celebrates the 35th anniversary of its presence in the country, and the 15th anniversary of the establishment of...

Gen govʼt deficit reaches HUF 3.298 tln at end-November

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached about HUF 3.298 trillion at the end of November, lifted...

Trade surplus at EUR 896 mln in October

The surplus on external trade in goods amounted to EUR 896 million in October, according to data published by the...

Banking sector profit falls on provisioning

The combined after-tax profit of Hungarian banks fell 45% year-on-year to HUF 305 billion in Q1-Q3 as provisions jumped, state...

Serbiaʼs public debt increases at the end of October

The public debt of Serbia, at the end of October, amounted to around EUR 26.69 billion, which is 56.9% of...

Hungary decline in tax-to-GDP ratio steepest in OECD

Hungaryʼs tax-to-GDP fell by 1.7 percentage points last year, more than in any other OECD country, Deputy Finance Minister András...

Romaniaʼs govʼt borrows 55% above target from local banks in November

Romaniaʼs Finance Ministry borrowed RON 7.86 billion (EUR 1.6 billion) by issuing local currency-denominated debt on the local interbank market...

ÁKK sells HUF 110 bln of bonds auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 110 billion of bonds at auction on Thursday, HUF 30...

Poland holds key interest rate

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

Opus plans HUF 39 bln BGS bond issue

The board of listed holding company Opus Global will ask shareholders for authorization to issue a HUF 39 billion, 10-year...

Romaniaʼs public deficit exceeds in Jan-Oct

Romaniaʼs budget deficit increased by RON 6.77 billion (nearly EUR 1.4 billion) in October, reaching RON 74.0 bln (EUR 15.2...

Bulgariaʼs gross foreign debt grows in September

Bulgariaʼs gross foreign debt totaled EUR 37.9 billion at the end of September, up 8.5% on an annual comparison basis,...