Finance

Debt

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028 at a switch...

Debt

ÁKK T-bill auction sale falls short of plan

The Government Debt Management Agency (ÁKK) sold HUF 20.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

MNB

Central bank revokes license of NHB Bank

Taking into consideration the interests of the bankʼs customers, the National Bank of Hungary (MNB) is revoking the license of...

MNB

Bank Sector Improves Despite Challenging Times

The Hungarian banking sector has been on an upward curve recently, with record profits. Banks expect lending activity to pick...

Banking

Pig in a Poke Tempts Snouts to the Trough

Let’s admit it, from the agricultural laborer with his firewood allowance to the company executive with driver and limo, we...

Debt

ÁKK bond sales comfortably exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 83.5 billion of bonds at auction on Thursday, a combined...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Trade surplus reaches EUR 382 mln in January

In euro terms, exports increased by 6.4% and imports grew by 9.7% in January 2019, compared to January 2018, shows...

MNB

Erste Bank Hungary pre-tax profit up slightly in 2018

Erste Bank Hungary had pre-tax profit of HUF 61.3 billion in 2018, up more than HUF 1 bln from the...

Debt

ÁKK auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 1...

Debt

ÁKK auctions HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

S&P upgrades Eximbank; Fitch upgrades four banks

S&P Global Ratings said Friday it has raised its foreign and local currency issuer credit ratings on Magyar Eximbank from...

MNB

Corporate lending stock climbs almost 14% in 2018

Transactions lifted Hungarian lendersʼ stock of corporate loans by 13.6% or HUF 892 bln last year, shows the latest "Trends...

Debt

ÁKK bond sales over plan on strong demand for longer terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 88.5 billion of bonds at auction on Thursday, HUF 18.5...

MNB

Matolcsy confirmed MNB governor for second term

As expected, Hungarian President János Áder has appointed György Matolcsy to another six-year term as governor of the National Bank...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028 at a switch...

Debt

ÁKK T-bill auction sale falls short of plan

The Government Debt Management Agency (ÁKK) sold HUF 20.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

MNB

Central bank revokes license of NHB Bank

Taking into consideration the interests of the bankʼs customers, the National Bank of Hungary (MNB) is revoking the license of...

MNB

Bank Sector Improves Despite Challenging Times

The Hungarian banking sector has been on an upward curve recently, with record profits. Banks expect lending activity to pick...

Banking

Pig in a Poke Tempts Snouts to the Trough

Let’s admit it, from the agricultural laborer with his firewood allowance to the company executive with driver and limo, we...

Debt

ÁKK bond sales comfortably exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 83.5 billion of bonds at auction on Thursday, a combined...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Trade surplus reaches EUR 382 mln in January

In euro terms, exports increased by 6.4% and imports grew by 9.7% in January 2019, compared to January 2018, shows...

MNB

Erste Bank Hungary pre-tax profit up slightly in 2018

Erste Bank Hungary had pre-tax profit of HUF 61.3 billion in 2018, up more than HUF 1 bln from the...

Debt

ÁKK auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 1...

Debt

ÁKK auctions HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

S&P upgrades Eximbank; Fitch upgrades four banks

S&P Global Ratings said Friday it has raised its foreign and local currency issuer credit ratings on Magyar Eximbank from...

MNB

Corporate lending stock climbs almost 14% in 2018

Transactions lifted Hungarian lendersʼ stock of corporate loans by 13.6% or HUF 892 bln last year, shows the latest "Trends...

Debt

ÁKK bond sales over plan on strong demand for longer terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 88.5 billion of bonds at auction on Thursday, HUF 18.5...

MNB

Matolcsy confirmed MNB governor for second term

As expected, Hungarian President János Áder has appointed György Matolcsy to another six-year term as governor of the National Bank...

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028 at a switch...

ÁKK T-bill auction sale falls short of plan

The Government Debt Management Agency (ÁKK) sold HUF 20.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

Central bank revokes license of NHB Bank

Taking into consideration the interests of the bankʼs customers, the National Bank of Hungary (MNB) is revoking the license of...

Bank Sector Improves Despite Challenging Times

The Hungarian banking sector has been on an upward curve recently, with record profits. Banks expect lending activity to pick...

Pig in a Poke Tempts Snouts to the Trough

Let’s admit it, from the agricultural laborer with his firewood allowance to the company executive with driver and limo, we...

ÁKK bond sales comfortably exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 83.5 billion of bonds at auction on Thursday, a combined...

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Trade surplus reaches EUR 382 mln in January

In euro terms, exports increased by 6.4% and imports grew by 9.7% in January 2019, compared to January 2018, shows...

Erste Bank Hungary pre-tax profit up slightly in 2018

Erste Bank Hungary had pre-tax profit of HUF 61.3 billion in 2018, up more than HUF 1 bln from the...

ÁKK auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 1...

ÁKK auctions HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

S&P upgrades Eximbank; Fitch upgrades four banks

S&P Global Ratings said Friday it has raised its foreign and local currency issuer credit ratings on Magyar Eximbank from...

Corporate lending stock climbs almost 14% in 2018

Transactions lifted Hungarian lendersʼ stock of corporate loans by 13.6% or HUF 892 bln last year, shows the latest "Trends...

ÁKK bond sales over plan on strong demand for longer terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 88.5 billion of bonds at auction on Thursday, HUF 18.5...

Matolcsy confirmed MNB governor for second term

As expected, Hungarian President János Áder has appointed György Matolcsy to another six-year term as governor of the National Bank...