Finance

MNB

Budapest Bank profit falls 30% in H1

First-half after-tax profit of Budapest Bank fell 30% year-on-year to HUF 6.4 billion, the lender said on Monday, as reported...

MNB

MNB extends SRB requirement to non-problem FX project loans

The National Bank of Hungary (MNB) on Monday said it will extend a systemic risk buffer (SRB) requirement earlier rolled...

MNB

Gov’t has no exchange rate target

Prime Minister Viktor Orbán’s cabinet chief Gergely Gulyás said the government had no exchange rate target when asked about the...

Debt

ÁKK sells HUF 59.9 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 59.9 billion of bonds at auction on Thursday, raising its...

MNB

MNB notes downside inflation risks, impact of Plusz bonds

Downside inflation risks have strengthened, the rate-setting Monetary Council of the National Bank of Hungary (MNB) said at its monthly...

Debt

ÁKK bond buyback far exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 88.17 billion of bonds expiring in 2020 and 2021...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

145 companies registered for MNB’s corporate bond scheme

Some 145 companies with combined total assets nearing around 15% of GDP have registered to date in the MNB’s Bond...

MNB

4iG shareholders okay bond issue; shares included in CECE index

Shareholders of listed IT company 4iG mandated the board to issue up to HUF 30 billion of corporate bonds, to...

Debt

Weekly Plusz bond subscription back to almost HUF 100 bln

Subscription for Hungarian Government Security Plus (MÁP Plusz) bonds for retail investors reached HUF 97.0 billion in the 14th week...

Banking

Tax authority employing new control methods – Deloitte

Big Four professional services firm Deloitte says the National Tax and Customs Administration (NAV) has changed tack recently, mostly checking...

Ratings

Moodyʼs withdraws Takarék Mortgage Bankʼs ratings

Moodyʼs Investors Service has withdrawn the Ba3 local and foreign currency long-term deposit ratings and b1 Baseline Credit Assessment (BCA)...

MNB

Trade surplus reaches EUR 276 mln in July

Hungary had a EUR 276 million trade surplus in July, up just EUR 19 mln from the same month a...

MNB

MNB intʼl reserves climb EUR 1.666 bln in August

The international reserves of the National Bank of Hungary (MNB) stood at EUR 28.762 billion at the end of August, up...

Debt

ÁKK sells 12-month T-bills as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount 12-month T-bills at auction on Thursday, in line...

MNB

Budapest Bank profit falls 30% in H1

First-half after-tax profit of Budapest Bank fell 30% year-on-year to HUF 6.4 billion, the lender said on Monday, as reported...

MNB

MNB extends SRB requirement to non-problem FX project loans

The National Bank of Hungary (MNB) on Monday said it will extend a systemic risk buffer (SRB) requirement earlier rolled...

MNB

Gov’t has no exchange rate target

Prime Minister Viktor Orbán’s cabinet chief Gergely Gulyás said the government had no exchange rate target when asked about the...

Debt

ÁKK sells HUF 59.9 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 59.9 billion of bonds at auction on Thursday, raising its...

MNB

MNB notes downside inflation risks, impact of Plusz bonds

Downside inflation risks have strengthened, the rate-setting Monetary Council of the National Bank of Hungary (MNB) said at its monthly...

Debt

ÁKK bond buyback far exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 88.17 billion of bonds expiring in 2020 and 2021...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

145 companies registered for MNB’s corporate bond scheme

Some 145 companies with combined total assets nearing around 15% of GDP have registered to date in the MNB’s Bond...

MNB

4iG shareholders okay bond issue; shares included in CECE index

Shareholders of listed IT company 4iG mandated the board to issue up to HUF 30 billion of corporate bonds, to...

Debt

Weekly Plusz bond subscription back to almost HUF 100 bln

Subscription for Hungarian Government Security Plus (MÁP Plusz) bonds for retail investors reached HUF 97.0 billion in the 14th week...

Banking

Tax authority employing new control methods – Deloitte

Big Four professional services firm Deloitte says the National Tax and Customs Administration (NAV) has changed tack recently, mostly checking...

Ratings

Moodyʼs withdraws Takarék Mortgage Bankʼs ratings

Moodyʼs Investors Service has withdrawn the Ba3 local and foreign currency long-term deposit ratings and b1 Baseline Credit Assessment (BCA)...

MNB

Trade surplus reaches EUR 276 mln in July

Hungary had a EUR 276 million trade surplus in July, up just EUR 19 mln from the same month a...

MNB

MNB intʼl reserves climb EUR 1.666 bln in August

The international reserves of the National Bank of Hungary (MNB) stood at EUR 28.762 billion at the end of August, up...

Debt

ÁKK sells 12-month T-bills as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount 12-month T-bills at auction on Thursday, in line...

Budapest Bank profit falls 30% in H1

First-half after-tax profit of Budapest Bank fell 30% year-on-year to HUF 6.4 billion, the lender said on Monday, as reported...

MNB extends SRB requirement to non-problem FX project loans

The National Bank of Hungary (MNB) on Monday said it will extend a systemic risk buffer (SRB) requirement earlier rolled...

Gov’t has no exchange rate target

Prime Minister Viktor Orbán’s cabinet chief Gergely Gulyás said the government had no exchange rate target when asked about the...

ÁKK sells HUF 59.9 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 59.9 billion of bonds at auction on Thursday, raising its...

MNB notes downside inflation risks, impact of Plusz bonds

Downside inflation risks have strengthened, the rate-setting Monetary Council of the National Bank of Hungary (MNB) said at its monthly...

ÁKK bond buyback far exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 88.17 billion of bonds expiring in 2020 and 2021...

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

145 companies registered for MNB’s corporate bond scheme

Some 145 companies with combined total assets nearing around 15% of GDP have registered to date in the MNB’s Bond...

4iG shareholders okay bond issue; shares included in CECE index

Shareholders of listed IT company 4iG mandated the board to issue up to HUF 30 billion of corporate bonds, to...

Weekly Plusz bond subscription back to almost HUF 100 bln

Subscription for Hungarian Government Security Plus (MÁP Plusz) bonds for retail investors reached HUF 97.0 billion in the 14th week...

Tax authority employing new control methods – Deloitte

Big Four professional services firm Deloitte says the National Tax and Customs Administration (NAV) has changed tack recently, mostly checking...

Moodyʼs withdraws Takarék Mortgage Bankʼs ratings

Moodyʼs Investors Service has withdrawn the Ba3 local and foreign currency long-term deposit ratings and b1 Baseline Credit Assessment (BCA)...

Trade surplus reaches EUR 276 mln in July

Hungary had a EUR 276 million trade surplus in July, up just EUR 19 mln from the same month a...

MNB intʼl reserves climb EUR 1.666 bln in August

The international reserves of the National Bank of Hungary (MNB) stood at EUR 28.762 billion at the end of August, up...

ÁKK sells 12-month T-bills as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount 12-month T-bills at auction on Thursday, in line...