Finance

Ratings

Moodyʼs upgrades MKB Bankʼs deposit ratings to B2

Moodyʼs Investors Service today upgraded the long-term local and foreign-currency deposit ratings of MKB Bank Zrt. from B3 to B2,...

MNB

2016 net external financing capacity revised up in 2nd reading

Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts - came to EUR 6.23...

Debt

ÁKK sells HUF 50 bln of bonds, HUF 10 bln over plan

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

MNB

Interest on student loans to drop by yearʼs end

State-owned student loan provider Diákhitel Központ has announced it will be lowering interest rates on its loans in the second...

Debt

ÁKK buys back HUF 109.57 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 109.57 billion of bonds expiring in 2018 and 2019...

MNB

Hungary’s net external financing capacity at 5% of GDP in Q1

Adjusted for seasonal effects, Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts -...

MNB

MNB lowers inflation forecast to 2.4% for 2017

The National Bank of Hungary (MNB) lowered its inflation forecast for 2017 to 2.4% in its quarterly Inflation Report released...

Debt

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

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

Debt

ÁKK plans HUF 133 bln net forint issues in Jul-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint security issues of HUF 133 billion in July-September with net issues...

Debt

ÁKK sells HUF 25 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 25 billion of securities at auction today, sticking to its...

MNB

Microbusinesses receive FGS credit of HUF 860 bln

Hungarian microbusinesses were the recipients of HUF 860 billion in cheap credit under the Funding for Growth Scheme (FGS) of...

Debt

ÁKK sells HUF 50 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of bonds maturing in 2025 and 2026 for...

Banking

Parliament approves 2018 tax package

The Hungarian Parliament approved a package of tax changes that will reduce the VAT rates on internet services, fish and...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, in line with...

MNB

MNB issues recommendation on corporate NPLs

The National Bank of Hungary (MNB) said on Friday it has issued a recommendation for financial institutions on managing corporate...

Ratings

Moodyʼs upgrades MKB Bankʼs deposit ratings to B2

Moodyʼs Investors Service today upgraded the long-term local and foreign-currency deposit ratings of MKB Bank Zrt. from B3 to B2,...

MNB

2016 net external financing capacity revised up in 2nd reading

Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts - came to EUR 6.23...

Debt

ÁKK sells HUF 50 bln of bonds, HUF 10 bln over plan

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

MNB

Interest on student loans to drop by yearʼs end

State-owned student loan provider Diákhitel Központ has announced it will be lowering interest rates on its loans in the second...

Debt

ÁKK buys back HUF 109.57 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 109.57 billion of bonds expiring in 2018 and 2019...

MNB

Hungary’s net external financing capacity at 5% of GDP in Q1

Adjusted for seasonal effects, Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts -...

MNB

MNB lowers inflation forecast to 2.4% for 2017

The National Bank of Hungary (MNB) lowered its inflation forecast for 2017 to 2.4% in its quarterly Inflation Report released...

Debt

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

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

Debt

ÁKK plans HUF 133 bln net forint issues in Jul-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint security issues of HUF 133 billion in July-September with net issues...

Debt

ÁKK sells HUF 25 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 25 billion of securities at auction today, sticking to its...

MNB

Microbusinesses receive FGS credit of HUF 860 bln

Hungarian microbusinesses were the recipients of HUF 860 billion in cheap credit under the Funding for Growth Scheme (FGS) of...

Debt

ÁKK sells HUF 50 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of bonds maturing in 2025 and 2026 for...

Banking

Parliament approves 2018 tax package

The Hungarian Parliament approved a package of tax changes that will reduce the VAT rates on internet services, fish and...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, in line with...

MNB

MNB issues recommendation on corporate NPLs

The National Bank of Hungary (MNB) said on Friday it has issued a recommendation for financial institutions on managing corporate...

Moodyʼs upgrades MKB Bankʼs deposit ratings to B2

Moodyʼs Investors Service today upgraded the long-term local and foreign-currency deposit ratings of MKB Bank Zrt. from B3 to B2,...

2016 net external financing capacity revised up in 2nd reading

Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts - came to EUR 6.23...

ÁKK sells HUF 50 bln of bonds, HUF 10 bln over plan

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

Interest on student loans to drop by yearʼs end

State-owned student loan provider Diákhitel Központ has announced it will be lowering interest rates on its loans in the second...

ÁKK buys back HUF 109.57 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 109.57 billion of bonds expiring in 2018 and 2019...

Hungary’s net external financing capacity at 5% of GDP in Q1

Adjusted for seasonal effects, Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts -...

MNB lowers inflation forecast to 2.4% for 2017

The National Bank of Hungary (MNB) lowered its inflation forecast for 2017 to 2.4% in its quarterly Inflation Report released...

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

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

ÁKK plans HUF 133 bln net forint issues in Jul-Sep

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint security issues of HUF 133 billion in July-September with net issues...

ÁKK sells HUF 25 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 25 billion of securities at auction today, sticking to its...

Microbusinesses receive FGS credit of HUF 860 bln

Hungarian microbusinesses were the recipients of HUF 860 billion in cheap credit under the Funding for Growth Scheme (FGS) of...

ÁKK sells HUF 50 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of bonds maturing in 2025 and 2026 for...

Parliament approves 2018 tax package

The Hungarian Parliament approved a package of tax changes that will reduce the VAT rates on internet services, fish and...

ÁKK sells HUF 20 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, in line with...

MNB issues recommendation on corporate NPLs

The National Bank of Hungary (MNB) said on Friday it has issued a recommendation for financial institutions on managing corporate...