Finance

Debt

ÁKK Sells HUF 54.5 bln in Bonds at Auction, Exceeding Target

The Government Debt Management Agency (ÁKK) sold HUF 54.5 billion in bonds at auction on Thursday, surpassing its planned offer...

Banking

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

Banking

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Ratings

Varga: Scope Affirms Hungary Investment-grade Rating, Stable Outlook

Berlin-based Scope Ratings has affirmed Hungary's investment grade sovereign rating with a stable outlook, Finance Minister Mihály Varga said in...

Trade

Hungary’s Trade Surplus Narrows as Exports, Imports Decline

Hungary’s external trade surplus reached EUR 1.2 billion in September 2024, according to fresh data from the Central Statistical Office...

Banking

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Trade

Hungary Farm Exports See Strong Growth in H1

The Hungarian government's agricultural and food industry reforms boosted farm export growth by 6.4% in the first half of the...

MNB

Maintaining Banks’ Strong Capital Position ‘Pivotal’ – MNB

The National Bank of Hungary (NBH) acknowledged a reduction in overheating risks, in spite of the gradual lending recovery, but...

MNB

MNB Ranks Hungarians Financial Health at 53/100

The National Bank of Hungary (MNB) revealed the results of its inaugural survey on Hungarians' financial health in a release...

Ratings

Fitch Points to Policy ‘Trade-offs’ in Hungarian Stimulus Plan

Rating agency Fitch said an economic action plan recently unveiled by Hungary's government contained policy compromises between economic growth and...

Trade

Demján Sándor Program to Support Exporting SMEs

The Demján Sándor program will support small and medium-sized enterprises and the growth of exporting companies, Richárd Szabados, the state...

Banking

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

Debt

ÁKK Sells HUF 54.5 bln in Bonds at Auction, Exceeding Target

The Government Debt Management Agency (ÁKK) sold HUF 54.5 billion in bonds at auction on Thursday, surpassing its planned offer...

Banking

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

Banking

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Ratings

Varga: Scope Affirms Hungary Investment-grade Rating, Stable Outlook

Berlin-based Scope Ratings has affirmed Hungary's investment grade sovereign rating with a stable outlook, Finance Minister Mihály Varga said in...

Trade

Hungary’s Trade Surplus Narrows as Exports, Imports Decline

Hungary’s external trade surplus reached EUR 1.2 billion in September 2024, according to fresh data from the Central Statistical Office...

Banking

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Trade

Hungary Farm Exports See Strong Growth in H1

The Hungarian government's agricultural and food industry reforms boosted farm export growth by 6.4% in the first half of the...

MNB

Maintaining Banks’ Strong Capital Position ‘Pivotal’ – MNB

The National Bank of Hungary (NBH) acknowledged a reduction in overheating risks, in spite of the gradual lending recovery, but...

MNB

MNB Ranks Hungarians Financial Health at 53/100

The National Bank of Hungary (MNB) revealed the results of its inaugural survey on Hungarians' financial health in a release...

Ratings

Fitch Points to Policy ‘Trade-offs’ in Hungarian Stimulus Plan

Rating agency Fitch said an economic action plan recently unveiled by Hungary's government contained policy compromises between economic growth and...

Trade

Demján Sándor Program to Support Exporting SMEs

The Demján Sándor program will support small and medium-sized enterprises and the growth of exporting companies, Richárd Szabados, the state...

Banking

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

ÁKK Sells HUF 54.5 bln in Bonds at Auction, Exceeding Target

The Government Debt Management Agency (ÁKK) sold HUF 54.5 billion in bonds at auction on Thursday, surpassing its planned offer...

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Varga: Scope Affirms Hungary Investment-grade Rating, Stable Outlook

Berlin-based Scope Ratings has affirmed Hungary's investment grade sovereign rating with a stable outlook, Finance Minister Mihály Varga said in...

Hungary’s Trade Surplus Narrows as Exports, Imports Decline

Hungary’s external trade surplus reached EUR 1.2 billion in September 2024, according to fresh data from the Central Statistical Office...

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Hungary Farm Exports See Strong Growth in H1

The Hungarian government's agricultural and food industry reforms boosted farm export growth by 6.4% in the first half of the...

Maintaining Banks’ Strong Capital Position ‘Pivotal’ – MNB

The National Bank of Hungary (NBH) acknowledged a reduction in overheating risks, in spite of the gradual lending recovery, but...

MNB Ranks Hungarians Financial Health at 53/100

The National Bank of Hungary (MNB) revealed the results of its inaugural survey on Hungarians' financial health in a release...

Fitch Points to Policy ‘Trade-offs’ in Hungarian Stimulus Plan

Rating agency Fitch said an economic action plan recently unveiled by Hungary's government contained policy compromises between economic growth and...

Demján Sándor Program to Support Exporting SMEs

The Demján Sándor program will support small and medium-sized enterprises and the growth of exporting companies, Richárd Szabados, the state...

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...