Finance

Banking

Lender Liquidity Increases Further

Forint liquidity of the domestic banking sector rose in March, indicated by an increase in average stock of central bank...

Banking

CIB Group Closes 2023 with Record Performance

Last year was the most successful in CIB Bank’s history to date, boasting a record profit of HUF 63.9 billion...

Ratings

S&P Upgrades Serbia’s Outlook to Positive

S&P Global Ratings said it has upgraded its outlook on Serbia to positive from stable on improved fiscal and external...

Trade

Slovenia Trade Balance Swings to Deficit in February

Slovenia posted a trade deficit of EUR 990.5 million in February, compared to a surplus of EUR 230.2 million in...

MNB

MNB International Reserves Edge Lower in March

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.373 bln at the end of March, down...

Ratings

Fitch Affirms K&H Bank BBB+ Rating

Fitch Ratings has affirmed K+H Bank's long-term issuer default rating at BBB+ with a negative outlook, the rating agency said...

Ratings

Fitch Affirms Erste Hungary’s BBB+ Rating

Fitch Ratings has affirmed Erste Bank Hungary's long-term issuer default rating at BBB+ with a negative outlook, the lender said...

Banking

R34DY: Connecting the Building Blocks for Core Banking Systems

The company’s name reminds you of a robot from Star Wars, and it has been pronounced in the wildest possible...

Banking

Smart FX With Gránit Bank: Anytime, Anywhere, via Mobile App

Vacation season will soon be upon us, and many people are already planning trips abroad. But logistics aren’t the only...

Banking

UniCredit Looking to Conquer Hungarian Investors With Onemarkets Fund

The Budapest Business Journal talks with Giacomo Volpi, deputy CEO at UniCredit Bank Hungary, and Réka Vörös, head of the...

Trade

Hungary Trade Surplus Grows in February

Hungary's surplus on external trade in goods reached about EUR 1.7 billion in February 2024, with the balance improving by...

MNB

Hungary Rolls out Instant Payment Option for Payment Requests

Hungarian consumers and businesses now have the option to use an instant payment system for electronic payment requests, the National...

MNB

CPI to Climb Temporarily on Costlier Service Prices, Base Effects

The Consumer Price Index, which has fallen into the central bank's 2-4% tolerance band for the past two months, will...

Banking

MBH Group After-tax Profit Doubles in 2023

After-tax profit of MBH Group, Hungary's second-biggest commercial lender rose 101% to HUF 183.2 bln in 2023, an earnings report...

MNB

MNB Keeps Countercyclical Capital Buffer Activation Schedule Unchanged

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to leave the timing for the activation...

Banking

Lender Liquidity Increases Further

Forint liquidity of the domestic banking sector rose in March, indicated by an increase in average stock of central bank...

Banking

CIB Group Closes 2023 with Record Performance

Last year was the most successful in CIB Bank’s history to date, boasting a record profit of HUF 63.9 billion...

Ratings

S&P Upgrades Serbia’s Outlook to Positive

S&P Global Ratings said it has upgraded its outlook on Serbia to positive from stable on improved fiscal and external...

Trade

Slovenia Trade Balance Swings to Deficit in February

Slovenia posted a trade deficit of EUR 990.5 million in February, compared to a surplus of EUR 230.2 million in...

MNB

MNB International Reserves Edge Lower in March

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.373 bln at the end of March, down...

Ratings

Fitch Affirms K&H Bank BBB+ Rating

Fitch Ratings has affirmed K+H Bank's long-term issuer default rating at BBB+ with a negative outlook, the rating agency said...

Ratings

Fitch Affirms Erste Hungary’s BBB+ Rating

Fitch Ratings has affirmed Erste Bank Hungary's long-term issuer default rating at BBB+ with a negative outlook, the lender said...

Banking

R34DY: Connecting the Building Blocks for Core Banking Systems

The company’s name reminds you of a robot from Star Wars, and it has been pronounced in the wildest possible...

Banking

Smart FX With Gránit Bank: Anytime, Anywhere, via Mobile App

Vacation season will soon be upon us, and many people are already planning trips abroad. But logistics aren’t the only...

Banking

UniCredit Looking to Conquer Hungarian Investors With Onemarkets Fund

The Budapest Business Journal talks with Giacomo Volpi, deputy CEO at UniCredit Bank Hungary, and Réka Vörös, head of the...

Trade

Hungary Trade Surplus Grows in February

Hungary's surplus on external trade in goods reached about EUR 1.7 billion in February 2024, with the balance improving by...

MNB

Hungary Rolls out Instant Payment Option for Payment Requests

Hungarian consumers and businesses now have the option to use an instant payment system for electronic payment requests, the National...

MNB

CPI to Climb Temporarily on Costlier Service Prices, Base Effects

The Consumer Price Index, which has fallen into the central bank's 2-4% tolerance band for the past two months, will...

Banking

MBH Group After-tax Profit Doubles in 2023

After-tax profit of MBH Group, Hungary's second-biggest commercial lender rose 101% to HUF 183.2 bln in 2023, an earnings report...

MNB

MNB Keeps Countercyclical Capital Buffer Activation Schedule Unchanged

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to leave the timing for the activation...

Lender Liquidity Increases Further

Forint liquidity of the domestic banking sector rose in March, indicated by an increase in average stock of central bank...

CIB Group Closes 2023 with Record Performance

Last year was the most successful in CIB Bank’s history to date, boasting a record profit of HUF 63.9 billion...

S&P Upgrades Serbia’s Outlook to Positive

S&P Global Ratings said it has upgraded its outlook on Serbia to positive from stable on improved fiscal and external...

Slovenia Trade Balance Swings to Deficit in February

Slovenia posted a trade deficit of EUR 990.5 million in February, compared to a surplus of EUR 230.2 million in...

MNB International Reserves Edge Lower in March

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.373 bln at the end of March, down...

Fitch Affirms K&H Bank BBB+ Rating

Fitch Ratings has affirmed K+H Bank's long-term issuer default rating at BBB+ with a negative outlook, the rating agency said...

Fitch Affirms Erste Hungary’s BBB+ Rating

Fitch Ratings has affirmed Erste Bank Hungary's long-term issuer default rating at BBB+ with a negative outlook, the lender said...

R34DY: Connecting the Building Blocks for Core Banking Systems

The company’s name reminds you of a robot from Star Wars, and it has been pronounced in the wildest possible...

Smart FX With Gránit Bank: Anytime, Anywhere, via Mobile App

Vacation season will soon be upon us, and many people are already planning trips abroad. But logistics aren’t the only...

UniCredit Looking to Conquer Hungarian Investors With Onemarkets Fund

The Budapest Business Journal talks with Giacomo Volpi, deputy CEO at UniCredit Bank Hungary, and Réka Vörös, head of the...

Hungary Trade Surplus Grows in February

Hungary's surplus on external trade in goods reached about EUR 1.7 billion in February 2024, with the balance improving by...

Hungary Rolls out Instant Payment Option for Payment Requests

Hungarian consumers and businesses now have the option to use an instant payment system for electronic payment requests, the National...

CPI to Climb Temporarily on Costlier Service Prices, Base Effects

The Consumer Price Index, which has fallen into the central bank's 2-4% tolerance band for the past two months, will...

MBH Group After-tax Profit Doubles in 2023

After-tax profit of MBH Group, Hungary's second-biggest commercial lender rose 101% to HUF 183.2 bln in 2023, an earnings report...

MNB Keeps Countercyclical Capital Buffer Activation Schedule Unchanged

The Financial Stability Board of the National Bank of Hungary (MNB) has decided to leave the timing for the activation...