Finance

Banking

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...

Ratings

Upgrades not Timely, Just Yet

Although the Hungarian government and the central bank, along with several analysts, think that the country’s economy is fit for...

Debt

ÁKK sells HUF 14.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 14.5 billion of bonds maturing in 2024 and 2026, accepting bonds expiring...

Debt

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Hungary June trade surplus revised down to EUR 1.02 bln

The Central Statistical Office (KSH) revised Hungaryʼs June trade surplus to EUR 1.02 billion in a second reading of data...

Ratings

Fitch maintains Hungary ’BBB-’ rating

Fitch Ratings affirmed Hungary’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at "BBB-", just over the investment grade threshold,...

MNB

SME lending expands 15.7% in Q2

Credit institutionsʼ lending to small- and medium-sized enterprises expanded by 15.7% from a year earlier in Q2 2018, after increasing...

Debt

ÁKK buys back HUF 12.8 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 12.80 billion of bonds expiring in 2019 before maturity...

MNB

Masterplast Q2 profit doubles as revenue grows 14%

Net income of bourse-listed Hungarian building materials maker Masterplast in the second quarter of 2018 was EUR 1.65 million, up...

MNB

State Audit Office assesses first-half fiscal trends

Hungaryʼs State Audit Office (ÁSZ) acknowledged favorable macroeconomic trends in a first-half fiscal assessment released on Tuesday, but said risks...

Debt

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Hungarians spend 15% of monthly salary on school start

The start of the new school year is known to be a heavy financial burden for families with children. A...

Debt

ÁKK sells HUF 37 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37 billion of securities at auction on Thursday, raising its...

MNB

MNB publishes amended debt-to-income rules

The National Bank of Hungary (MNB) will tighten its debt-to-income (DTI) ratio rules for mortgage loans to help reduce householdsʼ...

Debt

ÁKK sells HUF 39 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 39 billion of bonds maturing in 2026 and 2028 at a switch...

Banking

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...

Ratings

Upgrades not Timely, Just Yet

Although the Hungarian government and the central bank, along with several analysts, think that the country’s economy is fit for...

Debt

ÁKK sells HUF 14.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 14.5 billion of bonds maturing in 2024 and 2026, accepting bonds expiring...

Debt

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Hungary June trade surplus revised down to EUR 1.02 bln

The Central Statistical Office (KSH) revised Hungaryʼs June trade surplus to EUR 1.02 billion in a second reading of data...

Ratings

Fitch maintains Hungary ’BBB-’ rating

Fitch Ratings affirmed Hungary’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at "BBB-", just over the investment grade threshold,...

MNB

SME lending expands 15.7% in Q2

Credit institutionsʼ lending to small- and medium-sized enterprises expanded by 15.7% from a year earlier in Q2 2018, after increasing...

Debt

ÁKK buys back HUF 12.8 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 12.80 billion of bonds expiring in 2019 before maturity...

MNB

Masterplast Q2 profit doubles as revenue grows 14%

Net income of bourse-listed Hungarian building materials maker Masterplast in the second quarter of 2018 was EUR 1.65 million, up...

MNB

State Audit Office assesses first-half fiscal trends

Hungaryʼs State Audit Office (ÁSZ) acknowledged favorable macroeconomic trends in a first-half fiscal assessment released on Tuesday, but said risks...

Debt

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Hungarians spend 15% of monthly salary on school start

The start of the new school year is known to be a heavy financial burden for families with children. A...

Debt

ÁKK sells HUF 37 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37 billion of securities at auction on Thursday, raising its...

MNB

MNB publishes amended debt-to-income rules

The National Bank of Hungary (MNB) will tighten its debt-to-income (DTI) ratio rules for mortgage loans to help reduce householdsʼ...

Debt

ÁKK sells HUF 39 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 39 billion of bonds maturing in 2026 and 2028 at a switch...

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...

Upgrades not Timely, Just Yet

Although the Hungarian government and the central bank, along with several analysts, think that the country’s economy is fit for...

ÁKK sells HUF 14.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 14.5 billion of bonds maturing in 2024 and 2026, accepting bonds expiring...

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Hungary June trade surplus revised down to EUR 1.02 bln

The Central Statistical Office (KSH) revised Hungaryʼs June trade surplus to EUR 1.02 billion in a second reading of data...

Fitch maintains Hungary ’BBB-’ rating

Fitch Ratings affirmed Hungary’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at "BBB-", just over the investment grade threshold,...

SME lending expands 15.7% in Q2

Credit institutionsʼ lending to small- and medium-sized enterprises expanded by 15.7% from a year earlier in Q2 2018, after increasing...

ÁKK buys back HUF 12.8 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 12.80 billion of bonds expiring in 2019 before maturity...

Masterplast Q2 profit doubles as revenue grows 14%

Net income of bourse-listed Hungarian building materials maker Masterplast in the second quarter of 2018 was EUR 1.65 million, up...

State Audit Office assesses first-half fiscal trends

Hungaryʼs State Audit Office (ÁSZ) acknowledged favorable macroeconomic trends in a first-half fiscal assessment released on Tuesday, but said risks...

ÁKK sells HUF 40 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Hungarians spend 15% of monthly salary on school start

The start of the new school year is known to be a heavy financial burden for families with children. A...

ÁKK sells HUF 37 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 37 billion of securities at auction on Thursday, raising its...

MNB publishes amended debt-to-income rules

The National Bank of Hungary (MNB) will tighten its debt-to-income (DTI) ratio rules for mortgage loans to help reduce householdsʼ...

ÁKK sells HUF 39 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 39 billion of bonds maturing in 2026 and 2028 at a switch...