Finance

Trade

External Trade Surplus Declines Sligthly in August

Hungary's external trade in goods recorded a surplus of EUR 671 million in August 2024, according to preliminary data from...

Debt

Hungary’s General Gov’t Deficit at 3.7% of GDP in H1 2024

Hungary’s general government deficit stood at HUF 1.489 trillion in the first half of 2024, representing 3.7% of GDP, according...

MNB

MNB Raises Gold Reserves to 110 Tonnes

The National Bank of Hungary (MNB) has decided to raise the volume of monetary gold in its international reserves from...

MNB

Policymakers Cut Base Rate 25 bp to 6.5%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

Ratings

Scope Affirms Magyar Telekom BBB+ Issuer Rating

Scope Ratings has affirmed the BBB+ issuer rating of Magyar Telekom and revised the outlook to stable, the telco said...

Banking

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

MNB

Rate-setters Agree ‘Cautious and Patient’ Approach Still Needed

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that their approach to monetary policy needed...

Banking

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Ratings

Moody’s Assigns Baa2 Rating to Hungary’s Yen-Denominated Bonds

Moody’s Ratings has assigned a Baa2 rating to Hungary's senior unsecured yen-denominated bonds with maturities of 3 and 10 years....

Trade

Trade Surplus Narrows in July as Imports Outpace Exports

The Central Statistical Office reported that Hungary’s external trade in goods recorded a surplus of EUR 203 million in July...

Trade

Hungary’s External Trade Surplus at EUR 1.1 bln in June

Hungary’s external trade in goods recorded a surplus of EUR 1.1 billion in June 2024, according to the data released...

Banking

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Ratings

Concorde Updates Analysis for AutoWallis

Independent Hungarian brokerage Concorde has updated its analysis for listed car seller AutoWallis, keeping its buy rating for the share...

MNB

MNB Leaves Base Rate on Hold at 6.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate on hold...

Trade

Foreign Companies Complain of Growing Pressure From Authorities

According to a report from Le Monde, increasing numbers of investors are voicing concerns over what they perceive as expropriation...

Trade

External Trade Surplus Declines Sligthly in August

Hungary's external trade in goods recorded a surplus of EUR 671 million in August 2024, according to preliminary data from...

Debt

Hungary’s General Gov’t Deficit at 3.7% of GDP in H1 2024

Hungary’s general government deficit stood at HUF 1.489 trillion in the first half of 2024, representing 3.7% of GDP, according...

MNB

MNB Raises Gold Reserves to 110 Tonnes

The National Bank of Hungary (MNB) has decided to raise the volume of monetary gold in its international reserves from...

MNB

Policymakers Cut Base Rate 25 bp to 6.5%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

Ratings

Scope Affirms Magyar Telekom BBB+ Issuer Rating

Scope Ratings has affirmed the BBB+ issuer rating of Magyar Telekom and revised the outlook to stable, the telco said...

Banking

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

MNB

Rate-setters Agree ‘Cautious and Patient’ Approach Still Needed

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that their approach to monetary policy needed...

Banking

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Ratings

Moody’s Assigns Baa2 Rating to Hungary’s Yen-Denominated Bonds

Moody’s Ratings has assigned a Baa2 rating to Hungary's senior unsecured yen-denominated bonds with maturities of 3 and 10 years....

Trade

Trade Surplus Narrows in July as Imports Outpace Exports

The Central Statistical Office reported that Hungary’s external trade in goods recorded a surplus of EUR 203 million in July...

Trade

Hungary’s External Trade Surplus at EUR 1.1 bln in June

Hungary’s external trade in goods recorded a surplus of EUR 1.1 billion in June 2024, according to the data released...

Banking

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Ratings

Concorde Updates Analysis for AutoWallis

Independent Hungarian brokerage Concorde has updated its analysis for listed car seller AutoWallis, keeping its buy rating for the share...

MNB

MNB Leaves Base Rate on Hold at 6.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate on hold...

Trade

Foreign Companies Complain of Growing Pressure From Authorities

According to a report from Le Monde, increasing numbers of investors are voicing concerns over what they perceive as expropriation...

External Trade Surplus Declines Sligthly in August

Hungary's external trade in goods recorded a surplus of EUR 671 million in August 2024, according to preliminary data from...

Hungary’s General Gov’t Deficit at 3.7% of GDP in H1 2024

Hungary’s general government deficit stood at HUF 1.489 trillion in the first half of 2024, representing 3.7% of GDP, according...

MNB Raises Gold Reserves to 110 Tonnes

The National Bank of Hungary (MNB) has decided to raise the volume of monetary gold in its international reserves from...

Policymakers Cut Base Rate 25 bp to 6.5%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

Scope Affirms Magyar Telekom BBB+ Issuer Rating

Scope Ratings has affirmed the BBB+ issuer rating of Magyar Telekom and revised the outlook to stable, the telco said...

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

Rate-setters Agree ‘Cautious and Patient’ Approach Still Needed

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that their approach to monetary policy needed...

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Moody’s Assigns Baa2 Rating to Hungary’s Yen-Denominated Bonds

Moody’s Ratings has assigned a Baa2 rating to Hungary's senior unsecured yen-denominated bonds with maturities of 3 and 10 years....

Trade Surplus Narrows in July as Imports Outpace Exports

The Central Statistical Office reported that Hungary’s external trade in goods recorded a surplus of EUR 203 million in July...

Hungary’s External Trade Surplus at EUR 1.1 bln in June

Hungary’s external trade in goods recorded a surplus of EUR 1.1 billion in June 2024, according to the data released...

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Concorde Updates Analysis for AutoWallis

Independent Hungarian brokerage Concorde has updated its analysis for listed car seller AutoWallis, keeping its buy rating for the share...

MNB Leaves Base Rate on Hold at 6.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate on hold...

Foreign Companies Complain of Growing Pressure From Authorities

According to a report from Le Monde, increasing numbers of investors are voicing concerns over what they perceive as expropriation...