Finance

Ratings

Moodyʼs affirms Baa3 issuer ratings of Budapest, changes outlook to positive

Moodyʼs Investors Service, has affirmed the Baa3 local and foreign currency issuer ratings of Budapest and changed the outlook to...

Debt

ÁKK cuts offer on weak demand at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 6.5 billion of discount 3-month T-bills at auction on Tuesday, cutting its...

Ratings

Moodyʼs changes outlook of multiple Hungarian banks to positive

Moodyʼs Investors Service has today affirmed the Baa3 long-term foreign currency deposit ratings of OTP Bank (OTP), Erste Bank Hungary...

Ratings

Moodyʼs changes Hungaryʼs outlook to positive

Moodyʼs Investors Service has changed the outlook on the Government of Hungaryʼs ratings to positive from stable, while also affirming...

MNB

MNB makes recommendations to support sustainable growth

The National Bank of Hungary (MNB) is making 50 recommendations supporting government efforts to shape policy promoting sustainable growth, deputy...

MNB

MNB raises rate on one-week depo by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its one-week deposit facility by 15 bp to 0.75% at...

Banking

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

Debt

ÁKK sells HUF 20.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 20.5 billion of bonds maturing in 2029 and 2038, accepting...

Debt

Worsening risk of debt chain

In the economic environment transformed by the coronavirus epidemic, the risk of worsening debt chain problems and companies becoming insolvent...

MNB

MNB knocks down GDP forecast

The National Bank of Hungary (MNB) expects the economy to contract between 5.1% and 6.8% this year, state news wire...

Debt

ÁKK cuts offer at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 9 billion of discount three-month T-bills at auction on Tuesday, cutting its...

MNB

Corporate lending growth rate slowed to 8.4%

The corporate lending growth rate in Hungary slowed from double digits to 8.4% in Q2 because of the coronavirus crisis,...

MNB

Leasing company outlays in MNB FGS schemes exceed HUF 100 bln

Hungarian leasing companies have provided funding worth more than HUF 100 billion to domestic businesses this year as part of...

Banking

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

Debt

ÁKK sells HUF 110 bln of bonds at auction, over plan

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

Ratings

Moodyʼs affirms Baa3 issuer ratings of Budapest, changes outlook to positive

Moodyʼs Investors Service, has affirmed the Baa3 local and foreign currency issuer ratings of Budapest and changed the outlook to...

Debt

ÁKK cuts offer on weak demand at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 6.5 billion of discount 3-month T-bills at auction on Tuesday, cutting its...

Ratings

Moodyʼs changes outlook of multiple Hungarian banks to positive

Moodyʼs Investors Service has today affirmed the Baa3 long-term foreign currency deposit ratings of OTP Bank (OTP), Erste Bank Hungary...

Ratings

Moodyʼs changes Hungaryʼs outlook to positive

Moodyʼs Investors Service has changed the outlook on the Government of Hungaryʼs ratings to positive from stable, while also affirming...

MNB

MNB makes recommendations to support sustainable growth

The National Bank of Hungary (MNB) is making 50 recommendations supporting government efforts to shape policy promoting sustainable growth, deputy...

MNB

MNB raises rate on one-week depo by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its one-week deposit facility by 15 bp to 0.75% at...

Banking

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

Debt

ÁKK sells HUF 20.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 20.5 billion of bonds maturing in 2029 and 2038, accepting...

Debt

Worsening risk of debt chain

In the economic environment transformed by the coronavirus epidemic, the risk of worsening debt chain problems and companies becoming insolvent...

MNB

MNB knocks down GDP forecast

The National Bank of Hungary (MNB) expects the economy to contract between 5.1% and 6.8% this year, state news wire...

Debt

ÁKK cuts offer at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 9 billion of discount three-month T-bills at auction on Tuesday, cutting its...

MNB

Corporate lending growth rate slowed to 8.4%

The corporate lending growth rate in Hungary slowed from double digits to 8.4% in Q2 because of the coronavirus crisis,...

MNB

Leasing company outlays in MNB FGS schemes exceed HUF 100 bln

Hungarian leasing companies have provided funding worth more than HUF 100 billion to domestic businesses this year as part of...

Banking

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

Debt

ÁKK sells HUF 110 bln of bonds at auction, over plan

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

Moodyʼs affirms Baa3 issuer ratings of Budapest, changes outlook to positive

Moodyʼs Investors Service, has affirmed the Baa3 local and foreign currency issuer ratings of Budapest and changed the outlook to...

ÁKK cuts offer on weak demand at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 6.5 billion of discount 3-month T-bills at auction on Tuesday, cutting its...

Moodyʼs changes outlook of multiple Hungarian banks to positive

Moodyʼs Investors Service has today affirmed the Baa3 long-term foreign currency deposit ratings of OTP Bank (OTP), Erste Bank Hungary...

Moodyʼs changes Hungaryʼs outlook to positive

Moodyʼs Investors Service has changed the outlook on the Government of Hungaryʼs ratings to positive from stable, while also affirming...

MNB makes recommendations to support sustainable growth

The National Bank of Hungary (MNB) is making 50 recommendations supporting government efforts to shape policy promoting sustainable growth, deputy...

MNB raises rate on one-week depo by 15 bp to 0.75%

The National Bank of Hungary (MNB) raised the rate on its one-week deposit facility by 15 bp to 0.75% at...

Bulgaria’s non-govt deposits, non-govt borrowing up

Deposits of Bulgaria’s non-government sector rose by an annual 8.9% to BGN 88.8 billion (EUR 45.4 bln) at the end...

ÁKK sells HUF 20.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 20.5 billion of bonds maturing in 2029 and 2038, accepting...

Worsening risk of debt chain

In the economic environment transformed by the coronavirus epidemic, the risk of worsening debt chain problems and companies becoming insolvent...

MNB knocks down GDP forecast

The National Bank of Hungary (MNB) expects the economy to contract between 5.1% and 6.8% this year, state news wire...

ÁKK cuts offer at 3-month T-bill auction

The Government Debt Management Agency (ÁKK) sold HUF 9 billion of discount three-month T-bills at auction on Tuesday, cutting its...

Corporate lending growth rate slowed to 8.4%

The corporate lending growth rate in Hungary slowed from double digits to 8.4% in Q2 because of the coronavirus crisis,...

Leasing company outlays in MNB FGS schemes exceed HUF 100 bln

Hungarian leasing companies have provided funding worth more than HUF 100 billion to domestic businesses this year as part of...

Tax wedge down to 43%

Hungaryʼs tax wedge, the difference between what employees take home in earnings and what it costs to employ them, reached...

ÁKK sells HUF 110 bln of bonds at auction, over plan

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