Finance

Banking

New Home Loans hit HUF 16.3 bln in March Despite Weak Demand

Families financed the purchase of new homes in substantial volumes in March, but the increase was driven by rising property...

Ratings

Concorde and MBH Investment Bank Update Analyses for AutoWallis Shares

Concorde Securities and MBH Investment Bank upheld their buy rating and updated the 12-month target price for AutoWallis Plc. shares,...

MNB

Central Bank Gov Varga Addresses German-Hungarian Business Chamber

Mihály Varga, the governor of the National Bank of Hungary (MNB), spoke at the annual general meeting of the German-Hungarian...

Banking

K&H Group Books First Quarter After-tax Profit of HUF 8 bln

K&H Group, the local unit of Belgium's KBC, had after-tax profit of HUF 8 billion in the first quarter of...

MNB

Ratesetters Track Persistence of Shifts in Service Price Dynamics, Inflation Expectations

Members of the ratesetting Monetary Council of MNB will closely follow the persistence of changes to market service price dynamics...

MNB

Central Bank Seeks to Strengthen Bourse’s Regional Role

The National Bank of Hungary (MNB), the majority owner of the Budapest Stock Exchange, wants to strengthen the bourse's regional...

Trade

Hungary Posts EUR 1.8 bln Trade Surplus in March Despite Slowing Export Growth

Hungary recorded a EUR 1.8 billion surplus in external trade in goods in March, up EUR 173 million year-over-year, according...

Banking

More Demján Sándor Program Lending Products Launched

The National Economy Ministry has announced the launch of two new lending products in the framework of the Demján Sándor...

MNB

MNB 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

Bill on Expanding ATM Access to Also Ensure Free-of-charge Withdrawal.

A bill to be put to a vote in parliament soon will not only ensure an ATM in every settlement,...

MNB

Sustainable Price Stability in Focus of Monetary Policy – Varga

Growing geopolitical tensions have increased global risks in recent weeks, central bank governor Mihály Varga said in Washington on Friday,...

Banking

OTP Splits Chairman, CEO Roles

The board of OTP Bank, Hungary's biggest commercial lender, has decided to split the roles of chairman and CEO, chairman-CEO...

Banking

Strategic Lending and a Strong Sectoral Focus Drive UniCredit Bank’s Corporate Strategy

UniCredit Bank’s deputy CEO Giacomo Volpi and head of the corporates division Albert Hulshof outline how shifting client needs, innovative...

MNB

Varga Affirms Commitment to Price Stability at Meeting With Budapest Business Leaders

The new management of MNB is committed to achieving and maintaining price stability, while improving the efficiency of the central...

Banking

Car Loans Surge as Retail Buyers Shift From Leasing

Lower loan interest rates are driving a resurgence in traditional car loans among retail buyers, with the share of classic...

Banking

New Home Loans hit HUF 16.3 bln in March Despite Weak Demand

Families financed the purchase of new homes in substantial volumes in March, but the increase was driven by rising property...

Ratings

Concorde and MBH Investment Bank Update Analyses for AutoWallis Shares

Concorde Securities and MBH Investment Bank upheld their buy rating and updated the 12-month target price for AutoWallis Plc. shares,...

MNB

Central Bank Gov Varga Addresses German-Hungarian Business Chamber

Mihály Varga, the governor of the National Bank of Hungary (MNB), spoke at the annual general meeting of the German-Hungarian...

Banking

K&H Group Books First Quarter After-tax Profit of HUF 8 bln

K&H Group, the local unit of Belgium's KBC, had after-tax profit of HUF 8 billion in the first quarter of...

MNB

Ratesetters Track Persistence of Shifts in Service Price Dynamics, Inflation Expectations

Members of the ratesetting Monetary Council of MNB will closely follow the persistence of changes to market service price dynamics...

MNB

Central Bank Seeks to Strengthen Bourse’s Regional Role

The National Bank of Hungary (MNB), the majority owner of the Budapest Stock Exchange, wants to strengthen the bourse's regional...

Trade

Hungary Posts EUR 1.8 bln Trade Surplus in March Despite Slowing Export Growth

Hungary recorded a EUR 1.8 billion surplus in external trade in goods in March, up EUR 173 million year-over-year, according...

Banking

More Demján Sándor Program Lending Products Launched

The National Economy Ministry has announced the launch of two new lending products in the framework of the Demján Sándor...

MNB

MNB 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

Bill on Expanding ATM Access to Also Ensure Free-of-charge Withdrawal.

A bill to be put to a vote in parliament soon will not only ensure an ATM in every settlement,...

MNB

Sustainable Price Stability in Focus of Monetary Policy – Varga

Growing geopolitical tensions have increased global risks in recent weeks, central bank governor Mihály Varga said in Washington on Friday,...

Banking

OTP Splits Chairman, CEO Roles

The board of OTP Bank, Hungary's biggest commercial lender, has decided to split the roles of chairman and CEO, chairman-CEO...

Banking

Strategic Lending and a Strong Sectoral Focus Drive UniCredit Bank’s Corporate Strategy

UniCredit Bank’s deputy CEO Giacomo Volpi and head of the corporates division Albert Hulshof outline how shifting client needs, innovative...

MNB

Varga Affirms Commitment to Price Stability at Meeting With Budapest Business Leaders

The new management of MNB is committed to achieving and maintaining price stability, while improving the efficiency of the central...

Banking

Car Loans Surge as Retail Buyers Shift From Leasing

Lower loan interest rates are driving a resurgence in traditional car loans among retail buyers, with the share of classic...

New Home Loans hit HUF 16.3 bln in March Despite Weak Demand

Families financed the purchase of new homes in substantial volumes in March, but the increase was driven by rising property...

Concorde and MBH Investment Bank Update Analyses for AutoWallis Shares

Concorde Securities and MBH Investment Bank upheld their buy rating and updated the 12-month target price for AutoWallis Plc. shares,...

Central Bank Gov Varga Addresses German-Hungarian Business Chamber

Mihály Varga, the governor of the National Bank of Hungary (MNB), spoke at the annual general meeting of the German-Hungarian...

K&H Group Books First Quarter After-tax Profit of HUF 8 bln

K&H Group, the local unit of Belgium's KBC, had after-tax profit of HUF 8 billion in the first quarter of...

Ratesetters Track Persistence of Shifts in Service Price Dynamics, Inflation Expectations

Members of the ratesetting Monetary Council of MNB will closely follow the persistence of changes to market service price dynamics...

Central Bank Seeks to Strengthen Bourse’s Regional Role

The National Bank of Hungary (MNB), the majority owner of the Budapest Stock Exchange, wants to strengthen the bourse's regional...

Hungary Posts EUR 1.8 bln Trade Surplus in March Despite Slowing Export Growth

Hungary recorded a EUR 1.8 billion surplus in external trade in goods in March, up EUR 173 million year-over-year, according...

More Demján Sándor Program Lending Products Launched

The National Economy Ministry has announced the launch of two new lending products in the framework of the Demján Sándor...

MNB 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...

Bill on Expanding ATM Access to Also Ensure Free-of-charge Withdrawal.

A bill to be put to a vote in parliament soon will not only ensure an ATM in every settlement,...

Sustainable Price Stability in Focus of Monetary Policy – Varga

Growing geopolitical tensions have increased global risks in recent weeks, central bank governor Mihály Varga said in Washington on Friday,...

OTP Splits Chairman, CEO Roles

The board of OTP Bank, Hungary's biggest commercial lender, has decided to split the roles of chairman and CEO, chairman-CEO...

Strategic Lending and a Strong Sectoral Focus Drive UniCredit Bank’s Corporate Strategy

UniCredit Bank’s deputy CEO Giacomo Volpi and head of the corporates division Albert Hulshof outline how shifting client needs, innovative...

Varga Affirms Commitment to Price Stability at Meeting With Budapest Business Leaders

The new management of MNB is committed to achieving and maintaining price stability, while improving the efficiency of the central...

Car Loans Surge as Retail Buyers Shift From Leasing

Lower loan interest rates are driving a resurgence in traditional car loans among retail buyers, with the share of classic...