Finance

MNB

MNB intʼl reserves down EUR 1.15 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 22.307 billion at the end of July, down...

MNB

Erste books EUR 95 mln H1 net income in Hungary

Austriaʼs Erste Group booked net income of EUR 95 million at its business in Hungary in the first half, down...

MNB

OTP Bank expanding in Serbia

The Serbian subsidiary of Hungaryʼs OTP Bank, OTP banka Srbija a.d. Novi Sad, has signed an agreement to purchase 100%...

Debt

ÁKK sells HUF 45 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK buys back HUF 25.33 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 25.33 billion of bonds expiring in 2018 and 2019...

Debt

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

External trade surplus EUR 959 mln in May

Both exports and imports grew by close to 20% in euro terms in May, according to a second estimate of...

Ratings

Moodyʼs upgrades Erste Bank Hungary Zrt.ʼs deposit ratings

Moodyʼs Investors Service yesterday upgraded Erste Bank Hungary Zrt.ʼs (EBH) long- and short-term local and foreign-currency deposit ratings to Baa3/Prime-3...

Debt

ÁKK sells HUF 20 bln of securities at auction as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of securities at auction today, in line with...

Debt

ÁKK sells HUF 22.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of bonds maturing in 2026 for ones expiring...

Debt

Hungary issues panda bonds for RMB 1 bln

Hungary has issued yuan-denominated "panda" bonds, targeted at the domestic Chinese market, for the value of RMB 1 bln with...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...

Banking

Failing to comply with new rules could bring HUF 20 mln fine

Under a new legislation that took effect in May and requires new reporting requirements for the transfer prices of multinational...

MNB

MNB fines Porsche Bank HUF 19 mln

The National Bank of Hungary (MNB) today said it has fined Porsche Bank HUF 19 million over shortcomings affecting the...

Ratings

S&P revises outlook on MOLʼs credit rating

International rating agency Standard & Poorʼs Global Ratings revised the outlook on MOLʼs credit rating to positive from stable, the...

MNB

MNB intʼl reserves down EUR 1.15 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 22.307 billion at the end of July, down...

MNB

Erste books EUR 95 mln H1 net income in Hungary

Austriaʼs Erste Group booked net income of EUR 95 million at its business in Hungary in the first half, down...

MNB

OTP Bank expanding in Serbia

The Serbian subsidiary of Hungaryʼs OTP Bank, OTP banka Srbija a.d. Novi Sad, has signed an agreement to purchase 100%...

Debt

ÁKK sells HUF 45 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK buys back HUF 25.33 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 25.33 billion of bonds expiring in 2018 and 2019...

Debt

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

External trade surplus EUR 959 mln in May

Both exports and imports grew by close to 20% in euro terms in May, according to a second estimate of...

Ratings

Moodyʼs upgrades Erste Bank Hungary Zrt.ʼs deposit ratings

Moodyʼs Investors Service yesterday upgraded Erste Bank Hungary Zrt.ʼs (EBH) long- and short-term local and foreign-currency deposit ratings to Baa3/Prime-3...

Debt

ÁKK sells HUF 20 bln of securities at auction as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of securities at auction today, in line with...

Debt

ÁKK sells HUF 22.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of bonds maturing in 2026 for ones expiring...

Debt

Hungary issues panda bonds for RMB 1 bln

Hungary has issued yuan-denominated "panda" bonds, targeted at the domestic Chinese market, for the value of RMB 1 bln with...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...

Banking

Failing to comply with new rules could bring HUF 20 mln fine

Under a new legislation that took effect in May and requires new reporting requirements for the transfer prices of multinational...

MNB

MNB fines Porsche Bank HUF 19 mln

The National Bank of Hungary (MNB) today said it has fined Porsche Bank HUF 19 million over shortcomings affecting the...

Ratings

S&P revises outlook on MOLʼs credit rating

International rating agency Standard & Poorʼs Global Ratings revised the outlook on MOLʼs credit rating to positive from stable, the...

MNB intʼl reserves down EUR 1.15 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 22.307 billion at the end of July, down...

Erste books EUR 95 mln H1 net income in Hungary

Austriaʼs Erste Group booked net income of EUR 95 million at its business in Hungary in the first half, down...

OTP Bank expanding in Serbia

The Serbian subsidiary of Hungaryʼs OTP Bank, OTP banka Srbija a.d. Novi Sad, has signed an agreement to purchase 100%...

ÁKK sells HUF 45 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 billion of bonds at auction on Thursday, raising its...

ÁKK buys back HUF 25.33 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 25.33 billion of bonds expiring in 2018 and 2019...

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line...

External trade surplus EUR 959 mln in May

Both exports and imports grew by close to 20% in euro terms in May, according to a second estimate of...

Moodyʼs upgrades Erste Bank Hungary Zrt.ʼs deposit ratings

Moodyʼs Investors Service yesterday upgraded Erste Bank Hungary Zrt.ʼs (EBH) long- and short-term local and foreign-currency deposit ratings to Baa3/Prime-3...

ÁKK sells HUF 20 bln of securities at auction as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of securities at auction today, in line with...

ÁKK sells HUF 22.5 bln of bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of bonds maturing in 2026 for ones expiring...

Hungary issues panda bonds for RMB 1 bln

Hungary has issued yuan-denominated "panda" bonds, targeted at the domestic Chinese market, for the value of RMB 1 bln with...

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...

Failing to comply with new rules could bring HUF 20 mln fine

Under a new legislation that took effect in May and requires new reporting requirements for the transfer prices of multinational...

MNB fines Porsche Bank HUF 19 mln

The National Bank of Hungary (MNB) today said it has fined Porsche Bank HUF 19 million over shortcomings affecting the...

S&P revises outlook on MOLʼs credit rating

International rating agency Standard & Poorʼs Global Ratings revised the outlook on MOLʼs credit rating to positive from stable, the...