Finance

MNB

Report: Hungarian banks make most from customers in region

Banks in Hungary outstrip their regional peers in terms of having the highest net margins (adjusted for provisions), meaning that...

Banking

POS terminal numbers climb 9%

The number of point-of-sale bankcard terminals in Hungary climbed 9% year-on-year to 107,800 in the third-quarter, data released by the...

MNB

EIB grants EUR 400 mln credit for rural development

Minister for National Economy Mihály Varga and European Investment Bank (EIB) Vice President Vazil Hudák signed an agreement on Thursday...

Debt

ÁKK sells HUF 20 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount 12-month T-bills at auction on Thursday, in line...

MNB

Kopint-Tárki ups 2017 GDP growth forecast to 3.2%

Economic researcher Kopint-Tárki has revised its projection for next yearʼs GDP growth from 2.7% to 3.2% in a quarterly forecast...

Banking

Advertising Association fears tax may kill billboard business

The Hungarian Advertising Association (MRSZ) says the special tax on advertising in public spaces and the tightening of the law...

Debt

ÁKK sells HUF 28.5 bln of bonds at switch auction

At a switch auction on Wednesday, the Government Debt Management Agency (ÁKK) sold HUF 28.5 bln of bonds maturing in...

Banking

Parliament passes bill reducing payroll tax

The Hungarian Parliament yesterday passed a bill that will reduce payroll tax from 27% to 22% from next year, and...

Debt

ÁKK sells planned HUF 20 bln of 3-month bills, yield falls

Hungary’s Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at an auction today, in line...

MNB

Matolcsy predicts 3.5-4% GDP growth in 2017

GDP growth in Hungary could reach 3.5-4% in 2017, above even the governmentʼs own forecast, National Bank of Hungary Governor...

Banking

Higher wages could support technology changeover, MNB says

A pickup in wage growth in Hungary will create demand, but also accelerate adaptation to new technology and move the...

Banking

The world of M&A transactions according to a tax advisor

Mergers and acquisitions can have many advantages if all goes well. But they can also be harmful and produce integration...

Debt

ÁKK sells planned volume of bonds despite high demand, yields drop

Hungaryʼ sGovernment Debt Management Agency (ÁKK) sold the announced HUF 45 billion of bonds at auction today despite strong oversubsciption,...

MNB

Hungary’s trade surplus grows to EUR 891 mln in Oct

Hungary’s trade surplus was up by EUR 167 million in October, compared to the same period in 2015, amounting to...

Debt

ÁKK buys back HUF 84.1 bln of bonds early at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought a combined HUF 84.1 bln of bonds expiring in 2018 before maturity at...

MNB

Report: Hungarian banks make most from customers in region

Banks in Hungary outstrip their regional peers in terms of having the highest net margins (adjusted for provisions), meaning that...

Banking

POS terminal numbers climb 9%

The number of point-of-sale bankcard terminals in Hungary climbed 9% year-on-year to 107,800 in the third-quarter, data released by the...

MNB

EIB grants EUR 400 mln credit for rural development

Minister for National Economy Mihály Varga and European Investment Bank (EIB) Vice President Vazil Hudák signed an agreement on Thursday...

Debt

ÁKK sells HUF 20 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount 12-month T-bills at auction on Thursday, in line...

MNB

Kopint-Tárki ups 2017 GDP growth forecast to 3.2%

Economic researcher Kopint-Tárki has revised its projection for next yearʼs GDP growth from 2.7% to 3.2% in a quarterly forecast...

Banking

Advertising Association fears tax may kill billboard business

The Hungarian Advertising Association (MRSZ) says the special tax on advertising in public spaces and the tightening of the law...

Debt

ÁKK sells HUF 28.5 bln of bonds at switch auction

At a switch auction on Wednesday, the Government Debt Management Agency (ÁKK) sold HUF 28.5 bln of bonds maturing in...

Banking

Parliament passes bill reducing payroll tax

The Hungarian Parliament yesterday passed a bill that will reduce payroll tax from 27% to 22% from next year, and...

Debt

ÁKK sells planned HUF 20 bln of 3-month bills, yield falls

Hungary’s Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at an auction today, in line...

MNB

Matolcsy predicts 3.5-4% GDP growth in 2017

GDP growth in Hungary could reach 3.5-4% in 2017, above even the governmentʼs own forecast, National Bank of Hungary Governor...

Banking

Higher wages could support technology changeover, MNB says

A pickup in wage growth in Hungary will create demand, but also accelerate adaptation to new technology and move the...

Banking

The world of M&A transactions according to a tax advisor

Mergers and acquisitions can have many advantages if all goes well. But they can also be harmful and produce integration...

Debt

ÁKK sells planned volume of bonds despite high demand, yields drop

Hungaryʼ sGovernment Debt Management Agency (ÁKK) sold the announced HUF 45 billion of bonds at auction today despite strong oversubsciption,...

MNB

Hungary’s trade surplus grows to EUR 891 mln in Oct

Hungary’s trade surplus was up by EUR 167 million in October, compared to the same period in 2015, amounting to...

Debt

ÁKK buys back HUF 84.1 bln of bonds early at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought a combined HUF 84.1 bln of bonds expiring in 2018 before maturity at...

Report: Hungarian banks make most from customers in region

Banks in Hungary outstrip their regional peers in terms of having the highest net margins (adjusted for provisions), meaning that...

POS terminal numbers climb 9%

The number of point-of-sale bankcard terminals in Hungary climbed 9% year-on-year to 107,800 in the third-quarter, data released by the...

EIB grants EUR 400 mln credit for rural development

Minister for National Economy Mihály Varga and European Investment Bank (EIB) Vice President Vazil Hudák signed an agreement on Thursday...

ÁKK sells HUF 20 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount 12-month T-bills at auction on Thursday, in line...

Kopint-Tárki ups 2017 GDP growth forecast to 3.2%

Economic researcher Kopint-Tárki has revised its projection for next yearʼs GDP growth from 2.7% to 3.2% in a quarterly forecast...

Advertising Association fears tax may kill billboard business

The Hungarian Advertising Association (MRSZ) says the special tax on advertising in public spaces and the tightening of the law...

ÁKK sells HUF 28.5 bln of bonds at switch auction

At a switch auction on Wednesday, the Government Debt Management Agency (ÁKK) sold HUF 28.5 bln of bonds maturing in...

Parliament passes bill reducing payroll tax

The Hungarian Parliament yesterday passed a bill that will reduce payroll tax from 27% to 22% from next year, and...

ÁKK sells planned HUF 20 bln of 3-month bills, yield falls

Hungary’s Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at an auction today, in line...

Matolcsy predicts 3.5-4% GDP growth in 2017

GDP growth in Hungary could reach 3.5-4% in 2017, above even the governmentʼs own forecast, National Bank of Hungary Governor...

Higher wages could support technology changeover, MNB says

A pickup in wage growth in Hungary will create demand, but also accelerate adaptation to new technology and move the...

The world of M&A transactions according to a tax advisor

Mergers and acquisitions can have many advantages if all goes well. But they can also be harmful and produce integration...

ÁKK sells planned volume of bonds despite high demand, yields drop

Hungaryʼ sGovernment Debt Management Agency (ÁKK) sold the announced HUF 45 billion of bonds at auction today despite strong oversubsciption,...

Hungary’s trade surplus grows to EUR 891 mln in Oct

Hungary’s trade surplus was up by EUR 167 million in October, compared to the same period in 2015, amounting to...

ÁKK buys back HUF 84.1 bln of bonds early at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought a combined HUF 84.1 bln of bonds expiring in 2018 before maturity at...