Finance

Debt

Romania’s end-May foreign debt rises

Romania’s foreign debt increased to EUR 110.896 billion at the end of May from EUR 105.873 billion at the end...

MNB

Four-quarter net lending rises to 1.2% of GDP in Q1 – MNB

Hungaryʼs four-quarter net lending rose to 1.2% of GDP in Q1, while the current account deficit stabilized at 0.8% of...

Debt

ÁKK sells HUF 25 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of bonds maturing in 2026 and 2029, accepting ones expiring...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB fines HANIFA for unauthorized currency exchange activity

The National Bank of Hungary (MNB) has fined Budapest-based financial service provider HANIFA HUF 25 million for conducting unauthorized currency...

MNB

Govʼt securities stock climbs by HUF 335 bln in May

The stocks of securities issued by the central government rose by HUF 335 billion in May to HUF 31.617 trillion,...

Banking

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

MNB

Companies repay loans, issue bonds, make big deposits in May

After deposit withdrawals in April, companies made big bank deposits in May. They continued to repay credit overall but switched...

Debt

ÁKK sells HUF 35 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 35 billion of securities at auction on Wednesday, HUF 5...

Banking

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Banking

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

Banking

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

MNB

MNB amends ʼFGS Go!ʼ scheme to help SME borrowing

The National Bank of Hungary (MNB) has decided to amend the conditions of its new ʼFunding for Growth Scheme Go!ʼ...

MNB

Surprise Move by Central Bank Rattles Forint

The Monetary Council of the National Bank of Hungary (MNB) surprised the markets with a decision that took what had...

Debt

ÁKK sells HUF 102.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 102.5 billion of bonds at auction on Thursday, HUF 27.5...

Debt

Romania’s end-May foreign debt rises

Romania’s foreign debt increased to EUR 110.896 billion at the end of May from EUR 105.873 billion at the end...

MNB

Four-quarter net lending rises to 1.2% of GDP in Q1 – MNB

Hungaryʼs four-quarter net lending rose to 1.2% of GDP in Q1, while the current account deficit stabilized at 0.8% of...

Debt

ÁKK sells HUF 25 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of bonds maturing in 2026 and 2029, accepting ones expiring...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB fines HANIFA for unauthorized currency exchange activity

The National Bank of Hungary (MNB) has fined Budapest-based financial service provider HANIFA HUF 25 million for conducting unauthorized currency...

MNB

Govʼt securities stock climbs by HUF 335 bln in May

The stocks of securities issued by the central government rose by HUF 335 billion in May to HUF 31.617 trillion,...

Banking

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

MNB

Companies repay loans, issue bonds, make big deposits in May

After deposit withdrawals in April, companies made big bank deposits in May. They continued to repay credit overall but switched...

Debt

ÁKK sells HUF 35 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 35 billion of securities at auction on Wednesday, HUF 5...

Banking

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Banking

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

Banking

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

MNB

MNB amends ʼFGS Go!ʼ scheme to help SME borrowing

The National Bank of Hungary (MNB) has decided to amend the conditions of its new ʼFunding for Growth Scheme Go!ʼ...

MNB

Surprise Move by Central Bank Rattles Forint

The Monetary Council of the National Bank of Hungary (MNB) surprised the markets with a decision that took what had...

Debt

ÁKK sells HUF 102.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 102.5 billion of bonds at auction on Thursday, HUF 27.5...

Romania’s end-May foreign debt rises

Romania’s foreign debt increased to EUR 110.896 billion at the end of May from EUR 105.873 billion at the end...

Four-quarter net lending rises to 1.2% of GDP in Q1 – MNB

Hungaryʼs four-quarter net lending rose to 1.2% of GDP in Q1, while the current account deficit stabilized at 0.8% of...

ÁKK sells HUF 25 bln of bonds at switch auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of bonds maturing in 2026 and 2029, accepting ones expiring...

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB fines HANIFA for unauthorized currency exchange activity

The National Bank of Hungary (MNB) has fined Budapest-based financial service provider HANIFA HUF 25 million for conducting unauthorized currency...

Govʼt securities stock climbs by HUF 335 bln in May

The stocks of securities issued by the central government rose by HUF 335 billion in May to HUF 31.617 trillion,...

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

Companies repay loans, issue bonds, make big deposits in May

After deposit withdrawals in April, companies made big bank deposits in May. They continued to repay credit overall but switched...

ÁKK sells HUF 35 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 35 billion of securities at auction on Wednesday, HUF 5...

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

MNB amends ʼFGS Go!ʼ scheme to help SME borrowing

The National Bank of Hungary (MNB) has decided to amend the conditions of its new ʼFunding for Growth Scheme Go!ʼ...

Surprise Move by Central Bank Rattles Forint

The Monetary Council of the National Bank of Hungary (MNB) surprised the markets with a decision that took what had...

ÁKK sells HUF 102.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 102.5 billion of bonds at auction on Thursday, HUF 27.5...