Finance

MNB

MNB intʼl reserves rise EUR 109 mln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 23.168 billion at the end of April, up...

Debt

ÁKK sells HUF 32 bln of six-week T-bills, below plan

The Government Debt Management Agency (ÁKK) sold HUF 32 billion of discount six-week T-bills at a liquidity auction on Monday,...

MNB

Erste Group net income in Hungary drops 33% in Q1

Net income of the Hungarian business of Austriaʼs Erste Group dropped 33% in the first quarter of 2018 compared to...

Debt

ÁKK securities auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 billion of securities at auction on Thursday, raising its...

MNB

EC raises Hungary 2018 GDP growth forecast to 4%

The European Commission (EC) raised its projection for Hungaryʼs GDP growth this year to 4% in a fresh forecast on...

Debt

ÁKK T-bill sale above plan; switch sales fall short

The Government Debt Management Agency (ÁKK) sold HUF 55.0 billion of discount three-month T-bills at auction on Wednesday, raising its...

Banking

GKI: 14% of Hungarian employees on minimum wage

About 14% of Hungarian employees earn the minimum wage, according to a survey by economic research institute GKI. About half...

Debt

ÁKK sells HUF 85.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 85.5 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK sells HUF 70 bln of three-month bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 70.0 billion of discount three-month T-bills at auction on Tuesday, raising its...

Banking

Double-digit wage growth seen continuing in 2018

In February 2018, average monthly gross earnings amounted to HUF 306,500, 11.9% higher than a year earlier. In January–February 2018,...

Debt

ÁKK sells HUF 61.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 61.5 billion of securities at auction on Thursday, raising its...

MNB

MNB deputy governor sets ambitious targets for lenders

An increase in incomes, expanding investments and lending growth are all necessary for Hungary to achieve sustainable convergence by 2030,...

Debt

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

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

Debt

ÁKK auction of three-month T-bills 50% over plan

The Government Debt Management Agency (ÁKK) sold HUF 75 billion of discount three-month T-bills at auction on Tuesday, increasing its...

MNB

Wabererʼs focuses on growth; dividends later

Hungarian haulage and logistics firm Wabererʼs International could pay dividends on its 2019 earnings at the earliest, CEO Ferenc Lajkó...

MNB

MNB intʼl reserves rise EUR 109 mln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 23.168 billion at the end of April, up...

Debt

ÁKK sells HUF 32 bln of six-week T-bills, below plan

The Government Debt Management Agency (ÁKK) sold HUF 32 billion of discount six-week T-bills at a liquidity auction on Monday,...

MNB

Erste Group net income in Hungary drops 33% in Q1

Net income of the Hungarian business of Austriaʼs Erste Group dropped 33% in the first quarter of 2018 compared to...

Debt

ÁKK securities auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 billion of securities at auction on Thursday, raising its...

MNB

EC raises Hungary 2018 GDP growth forecast to 4%

The European Commission (EC) raised its projection for Hungaryʼs GDP growth this year to 4% in a fresh forecast on...

Debt

ÁKK T-bill sale above plan; switch sales fall short

The Government Debt Management Agency (ÁKK) sold HUF 55.0 billion of discount three-month T-bills at auction on Wednesday, raising its...

Banking

GKI: 14% of Hungarian employees on minimum wage

About 14% of Hungarian employees earn the minimum wage, according to a survey by economic research institute GKI. About half...

Debt

ÁKK sells HUF 85.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 85.5 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK sells HUF 70 bln of three-month bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 70.0 billion of discount three-month T-bills at auction on Tuesday, raising its...

Banking

Double-digit wage growth seen continuing in 2018

In February 2018, average monthly gross earnings amounted to HUF 306,500, 11.9% higher than a year earlier. In January–February 2018,...

Debt

ÁKK sells HUF 61.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 61.5 billion of securities at auction on Thursday, raising its...

MNB

MNB deputy governor sets ambitious targets for lenders

An increase in incomes, expanding investments and lending growth are all necessary for Hungary to achieve sustainable convergence by 2030,...

Debt

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

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

Debt

ÁKK auction of three-month T-bills 50% over plan

The Government Debt Management Agency (ÁKK) sold HUF 75 billion of discount three-month T-bills at auction on Tuesday, increasing its...

MNB

Wabererʼs focuses on growth; dividends later

Hungarian haulage and logistics firm Wabererʼs International could pay dividends on its 2019 earnings at the earliest, CEO Ferenc Lajkó...

MNB intʼl reserves rise EUR 109 mln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 23.168 billion at the end of April, up...

ÁKK sells HUF 32 bln of six-week T-bills, below plan

The Government Debt Management Agency (ÁKK) sold HUF 32 billion of discount six-week T-bills at a liquidity auction on Monday,...

Erste Group net income in Hungary drops 33% in Q1

Net income of the Hungarian business of Austriaʼs Erste Group dropped 33% in the first quarter of 2018 compared to...

ÁKK securities auction sales slightly exceed plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 billion of securities at auction on Thursday, raising its...

EC raises Hungary 2018 GDP growth forecast to 4%

The European Commission (EC) raised its projection for Hungaryʼs GDP growth this year to 4% in a fresh forecast on...

ÁKK T-bill sale above plan; switch sales fall short

The Government Debt Management Agency (ÁKK) sold HUF 55.0 billion of discount three-month T-bills at auction on Wednesday, raising its...

GKI: 14% of Hungarian employees on minimum wage

About 14% of Hungarian employees earn the minimum wage, according to a survey by economic research institute GKI. About half...

ÁKK sells HUF 85.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 85.5 billion of bonds at auction on Thursday, raising its...

ÁKK sells HUF 70 bln of three-month bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 70.0 billion of discount three-month T-bills at auction on Tuesday, raising its...

Double-digit wage growth seen continuing in 2018

In February 2018, average monthly gross earnings amounted to HUF 306,500, 11.9% higher than a year earlier. In January–February 2018,...

ÁKK sells HUF 61.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 61.5 billion of securities at auction on Thursday, raising its...

MNB deputy governor sets ambitious targets for lenders

An increase in incomes, expanding investments and lending growth are all necessary for Hungary to achieve sustainable convergence by 2030,...

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

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

ÁKK auction of three-month T-bills 50% over plan

The Government Debt Management Agency (ÁKK) sold HUF 75 billion of discount three-month T-bills at auction on Tuesday, increasing its...

Wabererʼs focuses on growth; dividends later

Hungarian haulage and logistics firm Wabererʼs International could pay dividends on its 2019 earnings at the earliest, CEO Ferenc Lajkó...