Finance

MNB

MNB renews corp. bond purchases under its BGS program in July

The National Bank of Hungary (MNB) purchased a total of HUF 33.9 billion corporate bonds under its Bond Funding for...

Trade

External trade surplus at EUR 697 mln in June

In June 2020, the surplus on external trade in goods was EUR 697 million, up EUR 201 mln year-on-year, according...

MNB

MNB intʼl reserves down EUR 628 mln in July

The international reserves of the National Bank of Hungary (MNB) stood at EUR 29.565 billion at the end of July,...

Banking

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Debt

Croatia April gross foreign debt up month-on-month

Croatiaʼs gross foreign debt rose 1.8% month-on-month in April, reaching EUR 41.2 billion, preliminary central bank figures show....

Banking

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Debt

ÁKK sells HUF 21.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 21.5 billion of securities at auction on Wednesday, under the...

Banking

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

Debt

ÁKK sells HUF 8 bln of 3-month T-bills at auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 8 billion of discount three-month T-bills at auction on Tuesday, HUF 12...

Ratings

Moodyʼs assigns Baa2 rating to CPI Hungary Investments and its new senior unsecured bonds

Moodyʼs Investors Service, has today assigned a Baa2 rating to CPI Hungary Investments Kft. and its new HUF 30 billion...

MNB

MNB to lower cap on interest guaranteed by life insurances

A fresh decree of the National Bank of Hungary (MNB) will lower the cap set on the so-called technical interest...

Banking

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Trade

HEPA launches HUF 1 billion SME ʼFit for Exportʼ program

The Hungarian Export Promotion Agency (HEPA) on Friday announced the launch of a program, backed by HUF 1 billion in...

MNB

MNB: SME productivity up 30% since 2010

As a result of the rapid development of small- and medium-sized companies in the last two years, the lag compared...

Trade

Trade volume improves in May after lockdown plunge

Declines in Hungaryʼs exports and imports slowed in May after plunging during a lockdown to contain the spread of the...

MNB

MNB renews corp. bond purchases under its BGS program in July

The National Bank of Hungary (MNB) purchased a total of HUF 33.9 billion corporate bonds under its Bond Funding for...

Trade

External trade surplus at EUR 697 mln in June

In June 2020, the surplus on external trade in goods was EUR 697 million, up EUR 201 mln year-on-year, according...

MNB

MNB intʼl reserves down EUR 628 mln in July

The international reserves of the National Bank of Hungary (MNB) stood at EUR 29.565 billion at the end of July,...

Banking

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Debt

Croatia April gross foreign debt up month-on-month

Croatiaʼs gross foreign debt rose 1.8% month-on-month in April, reaching EUR 41.2 billion, preliminary central bank figures show....

Banking

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Debt

ÁKK sells HUF 21.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 21.5 billion of securities at auction on Wednesday, under the...

Banking

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

Debt

ÁKK sells HUF 8 bln of 3-month T-bills at auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 8 billion of discount three-month T-bills at auction on Tuesday, HUF 12...

Ratings

Moodyʼs assigns Baa2 rating to CPI Hungary Investments and its new senior unsecured bonds

Moodyʼs Investors Service, has today assigned a Baa2 rating to CPI Hungary Investments Kft. and its new HUF 30 billion...

MNB

MNB to lower cap on interest guaranteed by life insurances

A fresh decree of the National Bank of Hungary (MNB) will lower the cap set on the so-called technical interest...

Banking

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Trade

HEPA launches HUF 1 billion SME ʼFit for Exportʼ program

The Hungarian Export Promotion Agency (HEPA) on Friday announced the launch of a program, backed by HUF 1 billion in...

MNB

MNB: SME productivity up 30% since 2010

As a result of the rapid development of small- and medium-sized companies in the last two years, the lag compared...

Trade

Trade volume improves in May after lockdown plunge

Declines in Hungaryʼs exports and imports slowed in May after plunging during a lockdown to contain the spread of the...

MNB renews corp. bond purchases under its BGS program in July

The National Bank of Hungary (MNB) purchased a total of HUF 33.9 billion corporate bonds under its Bond Funding for...

External trade surplus at EUR 697 mln in June

In June 2020, the surplus on external trade in goods was EUR 697 million, up EUR 201 mln year-on-year, according...

MNB intʼl reserves down EUR 628 mln in July

The international reserves of the National Bank of Hungary (MNB) stood at EUR 29.565 billion at the end of July,...

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Croatia April gross foreign debt up month-on-month

Croatiaʼs gross foreign debt rose 1.8% month-on-month in April, reaching EUR 41.2 billion, preliminary central bank figures show....

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

ÁKK sells HUF 21.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 21.5 billion of securities at auction on Wednesday, under the...

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

ÁKK sells HUF 8 bln of 3-month T-bills at auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 8 billion of discount three-month T-bills at auction on Tuesday, HUF 12...

Moodyʼs assigns Baa2 rating to CPI Hungary Investments and its new senior unsecured bonds

Moodyʼs Investors Service, has today assigned a Baa2 rating to CPI Hungary Investments Kft. and its new HUF 30 billion...

MNB to lower cap on interest guaranteed by life insurances

A fresh decree of the National Bank of Hungary (MNB) will lower the cap set on the so-called technical interest...

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

HEPA launches HUF 1 billion SME ʼFit for Exportʼ program

The Hungarian Export Promotion Agency (HEPA) on Friday announced the launch of a program, backed by HUF 1 billion in...

MNB: SME productivity up 30% since 2010

As a result of the rapid development of small- and medium-sized companies in the last two years, the lag compared...

Trade volume improves in May after lockdown plunge

Declines in Hungaryʼs exports and imports slowed in May after plunging during a lockdown to contain the spread of the...