Finance

Debt

ÁKK sells HUF 50 bln of three-month T-bills, over plan

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, raising its original...

Banking

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

MNB

BSE share turnover reaches HUF 205 bln in June

Share turnover on the Budapest Stock Exchange (BSE) reached HUF 205 billion in June, up from HUF 177 bln in...

MNB

Erste Mortgage Bank cleared for operation

Erste Mortgage Bank was awarded an operating licence by the National Bank of Hungary (MNB) on Thursday, parent Erste Bank...

Ratings

Moodyʼs could announce upgrade for Hungary on Friday

Moody’s Investors Service will announce Friday evening whether it has chosen to improve Hungary’s rating from “junk grade” to “investment...

MNB

Household savings decreases to 6.1% of GDP in Q1

The rolling four-quarter net household savings ratio of Hungary decreased to 6.1% of GDP in Q1, said the National Bank...

Debt

ÁKK sells HUF 30 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount 12-month T-bills at auction today, in line with...

Ratings

Moodyʼs revisits banksʼ ratings and outlooks; upgrades possible

Ratings agency Moodyʼs Investors Service yesterday took rating actions on five Hungarian banking groups, prompted by the rating agencyʼs change...

MNB

Hungaryʼs state debt reaches 77.2% of GDP in March

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 77.2% of GDP at the end of March, data released...

Debt

ÁKK sells HUF 5.5 bln of floating-rate bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 5.5 bln of floating-rate bonds maturing in 2019 for fixed-rate bonds that...

Ratings

Moody’s upgrades Hungary’s banking system outlook to positive

Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in...

Debt

ÁKK sells HUF 60 bln of three-month bills, more than planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on today, raising its...

MNB

MNB to keep 0% countercyclical capital buffer rate

The National Bank of Hungary (MNB) determined that it will keep the existing level of a 0% countercyclical capital buffer...

MNB

MNB puts 2016 deficit at 1.6% of GDP, if reserves not spent

The National Bank of Hungary (MNB) projects Hungaryʼs government deficit will reach 1.6% of GDP this year, if fiscal reserves...

MNB

Commerzbank: MNB could cut base rate further by end-2017

Although the National Bank of Hungary (MNB) might not cut its base rate this year, the central bank could continue...

Debt

ÁKK sells HUF 50 bln of three-month T-bills, over plan

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, raising its original...

Banking

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

MNB

BSE share turnover reaches HUF 205 bln in June

Share turnover on the Budapest Stock Exchange (BSE) reached HUF 205 billion in June, up from HUF 177 bln in...

MNB

Erste Mortgage Bank cleared for operation

Erste Mortgage Bank was awarded an operating licence by the National Bank of Hungary (MNB) on Thursday, parent Erste Bank...

Ratings

Moodyʼs could announce upgrade for Hungary on Friday

Moody’s Investors Service will announce Friday evening whether it has chosen to improve Hungary’s rating from “junk grade” to “investment...

MNB

Household savings decreases to 6.1% of GDP in Q1

The rolling four-quarter net household savings ratio of Hungary decreased to 6.1% of GDP in Q1, said the National Bank...

Debt

ÁKK sells HUF 30 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount 12-month T-bills at auction today, in line with...

Ratings

Moodyʼs revisits banksʼ ratings and outlooks; upgrades possible

Ratings agency Moodyʼs Investors Service yesterday took rating actions on five Hungarian banking groups, prompted by the rating agencyʼs change...

MNB

Hungaryʼs state debt reaches 77.2% of GDP in March

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 77.2% of GDP at the end of March, data released...

Debt

ÁKK sells HUF 5.5 bln of floating-rate bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 5.5 bln of floating-rate bonds maturing in 2019 for fixed-rate bonds that...

Ratings

Moody’s upgrades Hungary’s banking system outlook to positive

Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in...

Debt

ÁKK sells HUF 60 bln of three-month bills, more than planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on today, raising its...

MNB

MNB to keep 0% countercyclical capital buffer rate

The National Bank of Hungary (MNB) determined that it will keep the existing level of a 0% countercyclical capital buffer...

MNB

MNB puts 2016 deficit at 1.6% of GDP, if reserves not spent

The National Bank of Hungary (MNB) projects Hungaryʼs government deficit will reach 1.6% of GDP this year, if fiscal reserves...

MNB

Commerzbank: MNB could cut base rate further by end-2017

Although the National Bank of Hungary (MNB) might not cut its base rate this year, the central bank could continue...

ÁKK sells HUF 50 bln of three-month T-bills, over plan

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, raising its original...

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

BSE share turnover reaches HUF 205 bln in June

Share turnover on the Budapest Stock Exchange (BSE) reached HUF 205 billion in June, up from HUF 177 bln in...

Erste Mortgage Bank cleared for operation

Erste Mortgage Bank was awarded an operating licence by the National Bank of Hungary (MNB) on Thursday, parent Erste Bank...

Moodyʼs could announce upgrade for Hungary on Friday

Moody’s Investors Service will announce Friday evening whether it has chosen to improve Hungary’s rating from “junk grade” to “investment...

Household savings decreases to 6.1% of GDP in Q1

The rolling four-quarter net household savings ratio of Hungary decreased to 6.1% of GDP in Q1, said the National Bank...

ÁKK sells HUF 30 bln of 12-month bills, as planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount 12-month T-bills at auction today, in line with...

Moodyʼs revisits banksʼ ratings and outlooks; upgrades possible

Ratings agency Moodyʼs Investors Service yesterday took rating actions on five Hungarian banking groups, prompted by the rating agencyʼs change...

Hungaryʼs state debt reaches 77.2% of GDP in March

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 77.2% of GDP at the end of March, data released...

ÁKK sells HUF 5.5 bln of floating-rate bonds at switch auction, below plan

The Government Debt Management Agency (ÁKK) sold HUF 5.5 bln of floating-rate bonds maturing in 2019 for fixed-rate bonds that...

Moody’s upgrades Hungary’s banking system outlook to positive

Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in...

ÁKK sells HUF 60 bln of three-month bills, more than planned

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on today, raising its...

MNB to keep 0% countercyclical capital buffer rate

The National Bank of Hungary (MNB) determined that it will keep the existing level of a 0% countercyclical capital buffer...

MNB puts 2016 deficit at 1.6% of GDP, if reserves not spent

The National Bank of Hungary (MNB) projects Hungaryʼs government deficit will reach 1.6% of GDP this year, if fiscal reserves...

Commerzbank: MNB could cut base rate further by end-2017

Although the National Bank of Hungary (MNB) might not cut its base rate this year, the central bank could continue...