Finance

Debt

Croatia gross foreign debt up in June

Croatiaʼs gross foreign debt rose 2.8% month-on-month in June, reaching EUR 41.25 billion, the countryʼs central bank said citing preliminary...

Debt

ÁKK sells HUF 46 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 46 billion of bonds maturing in 2029, accepting ones expiring in 2022...

Banking

OTP signs partnership agreement with SELEC to combat money laundering

OTP Bankʼs IT and Bank Security Directorate and the Southeast European Law Enforcement Center (SELEC) have signed a partnership agreement...

Ratings

Moodyʼs upgrades Slovenia to ʼA3ʼ

Global credit rating agency Moodyʼs has upgraded Sloveniaʼs long-term issuer and senior unsecured bond ratings by one notch to ʼA3ʼ...

MNB

Banks disburse businesses HUF 700 bln under ʼFGS Go!ʼ to date

Banks disbursed about HUF 700 billion to some 10,000 small and medium-size businesses under the National Bank of Hungary (MNB)’s...

Ratings

Scope places Appeninn ratings under review for possible downgrade

Listed property company Appeninn on Friday said Scope Ratings will initiate a review of its credit ratings during which it...

Banking

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

MNB

MNB: Pandemic expenditures lift state debt ratio to 70.3%

Government expenditures related to the coronavirus pandemic lifted Hungaryʼs state debt relative to GDP to 70.3% at the end of...

MNB

MNB sees no immediate systemic risk to financial system

Financial stress had increased significantly around March with the onset of the pandemic, but the level of stress was below...

Debt

ÁKK reaches 83% of annual financing target at end-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) on Thursday said it reached 83% of the financing target in its modified annual...

Ratings

Surprisingly Positive Outlook in the Midst of a Crisis

Much to the surprise of many, an international credit rating agency has improved Hungary’s outlook in the middle of the...

Debt

ÁKK sells HUF 37.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37.5 billion of securities at auction on Wednesday, HUF 7.5...

MNB

MNB raises rate on collateralized lending facility by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its three- and five-year collateralized lending facility by 15 bp...

Banking

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Trade

Container cargo volume from China up 13%

Intermodal container cargo volume from China arriving at the Rail Cargo Terminal-BILK freight terminal in Budapest rose about 13% between...

Debt

Croatia gross foreign debt up in June

Croatiaʼs gross foreign debt rose 2.8% month-on-month in June, reaching EUR 41.25 billion, the countryʼs central bank said citing preliminary...

Debt

ÁKK sells HUF 46 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 46 billion of bonds maturing in 2029, accepting ones expiring in 2022...

Banking

OTP signs partnership agreement with SELEC to combat money laundering

OTP Bankʼs IT and Bank Security Directorate and the Southeast European Law Enforcement Center (SELEC) have signed a partnership agreement...

Ratings

Moodyʼs upgrades Slovenia to ʼA3ʼ

Global credit rating agency Moodyʼs has upgraded Sloveniaʼs long-term issuer and senior unsecured bond ratings by one notch to ʼA3ʼ...

MNB

Banks disburse businesses HUF 700 bln under ʼFGS Go!ʼ to date

Banks disbursed about HUF 700 billion to some 10,000 small and medium-size businesses under the National Bank of Hungary (MNB)’s...

Ratings

Scope places Appeninn ratings under review for possible downgrade

Listed property company Appeninn on Friday said Scope Ratings will initiate a review of its credit ratings during which it...

Banking

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

MNB

MNB: Pandemic expenditures lift state debt ratio to 70.3%

Government expenditures related to the coronavirus pandemic lifted Hungaryʼs state debt relative to GDP to 70.3% at the end of...

MNB

MNB sees no immediate systemic risk to financial system

Financial stress had increased significantly around March with the onset of the pandemic, but the level of stress was below...

Debt

ÁKK reaches 83% of annual financing target at end-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) on Thursday said it reached 83% of the financing target in its modified annual...

Ratings

Surprisingly Positive Outlook in the Midst of a Crisis

Much to the surprise of many, an international credit rating agency has improved Hungary’s outlook in the middle of the...

Debt

ÁKK sells HUF 37.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37.5 billion of securities at auction on Wednesday, HUF 7.5...

MNB

MNB raises rate on collateralized lending facility by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its three- and five-year collateralized lending facility by 15 bp...

Banking

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Trade

Container cargo volume from China up 13%

Intermodal container cargo volume from China arriving at the Rail Cargo Terminal-BILK freight terminal in Budapest rose about 13% between...

Croatia gross foreign debt up in June

Croatiaʼs gross foreign debt rose 2.8% month-on-month in June, reaching EUR 41.25 billion, the countryʼs central bank said citing preliminary...

ÁKK sells HUF 46 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 46 billion of bonds maturing in 2029, accepting ones expiring in 2022...

OTP signs partnership agreement with SELEC to combat money laundering

OTP Bankʼs IT and Bank Security Directorate and the Southeast European Law Enforcement Center (SELEC) have signed a partnership agreement...

Moodyʼs upgrades Slovenia to ʼA3ʼ

Global credit rating agency Moodyʼs has upgraded Sloveniaʼs long-term issuer and senior unsecured bond ratings by one notch to ʼA3ʼ...

Banks disburse businesses HUF 700 bln under ʼFGS Go!ʼ to date

Banks disbursed about HUF 700 billion to some 10,000 small and medium-size businesses under the National Bank of Hungary (MNB)’s...

Scope places Appeninn ratings under review for possible downgrade

Listed property company Appeninn on Friday said Scope Ratings will initiate a review of its credit ratings during which it...

Romanian central bank FX reserves fall in September

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 32.588 billion at the end of...

MNB: Pandemic expenditures lift state debt ratio to 70.3%

Government expenditures related to the coronavirus pandemic lifted Hungaryʼs state debt relative to GDP to 70.3% at the end of...

MNB sees no immediate systemic risk to financial system

Financial stress had increased significantly around March with the onset of the pandemic, but the level of stress was below...

ÁKK reaches 83% of annual financing target at end-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) on Thursday said it reached 83% of the financing target in its modified annual...

Surprisingly Positive Outlook in the Midst of a Crisis

Much to the surprise of many, an international credit rating agency has improved Hungary’s outlook in the middle of the...

ÁKK sells HUF 37.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37.5 billion of securities at auction on Wednesday, HUF 7.5...

MNB raises rate on collateralized lending facility by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its three- and five-year collateralized lending facility by 15 bp...

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Container cargo volume from China up 13%

Intermodal container cargo volume from China arriving at the Rail Cargo Terminal-BILK freight terminal in Budapest rose about 13% between...