Finance

Debt

ÁKK sells HUF 40 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on Tuesday, in line...

Banking

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

MNB

MNB rejects accusation of covert monetary financing

The National Bank of Hungary (MNB) is not involved in covert monetary financing through its subsidiaries, the MNB told state...

MNB

Forint stabilises on interbank market

The forint was trading at 312.25 to the euro late Monday on the interbank forex market, slightly up from 312.34...

MNB

Forint back on the slope on interbank market

The forint was trading at 312.67 to the euro late Friday on the interbank forex market, down from 311.03 late...

MNB

Forint firming on interbank market

The forint was trading at 311.38 to the euro late Thursday on the interbank forex market, up from 312.36 late...

Banking

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

Debt

ÁKK sells HUF 58.5 bln of bonds at auction, more than planned

The Government Debt Management Centre (ÁKK) sold HUF 58.5 bln of bonds at auction today, raising its original offer from...

MNB

Report: Non-financial investorsʼ stake in Hungary’s state debt third highest in EU

The percentage of Hungaryʼs state debt in the hands of non-financial investors is the third-highest in the European Union, Hungarian...

MNB

MNB: Rules mitigating mortgage financing mismatch take effect October 2016

The National Bank of Hungary (MNB) announced yesterday that it will require lenders to back at least 15% of their...

Debt

ÁKK buys HUF 65.8 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 65.8 bln of bonds before maturity at a reverse auction...

MNB

MNB could give lenders €1.1 bln for FX car, personal loans

The National Bank of Hungary (MNB) is prepared to provide lenders with some €1.1 bln in foreign currency necessary for...

Debt

ÁKK sells HUF 45 bln of three-month bills at auction, more than planned

The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction yesterday, HUF 5 bln...

MNB

Garantiqa expects 18% volume increase

Hungarian guarantor Garantiqa, which controls three-fourths of Hungaryʼs surety market, expects its guarantee volume to rise by 18% to HUF...

Debt

Retail investors finance 80% of this yearʼs adjusted deficit

Retail investors in Hungary have already financed about 80% of this yearʼs budget deficit, adjusted for European Union transfers, György...

Debt

ÁKK sells HUF 40 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on Tuesday, in line...

Banking

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

MNB

MNB rejects accusation of covert monetary financing

The National Bank of Hungary (MNB) is not involved in covert monetary financing through its subsidiaries, the MNB told state...

MNB

Forint stabilises on interbank market

The forint was trading at 312.25 to the euro late Monday on the interbank forex market, slightly up from 312.34...

MNB

Forint back on the slope on interbank market

The forint was trading at 312.67 to the euro late Friday on the interbank forex market, down from 311.03 late...

MNB

Forint firming on interbank market

The forint was trading at 311.38 to the euro late Thursday on the interbank forex market, up from 312.36 late...

Banking

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

Debt

ÁKK sells HUF 58.5 bln of bonds at auction, more than planned

The Government Debt Management Centre (ÁKK) sold HUF 58.5 bln of bonds at auction today, raising its original offer from...

MNB

Report: Non-financial investorsʼ stake in Hungary’s state debt third highest in EU

The percentage of Hungaryʼs state debt in the hands of non-financial investors is the third-highest in the European Union, Hungarian...

MNB

MNB: Rules mitigating mortgage financing mismatch take effect October 2016

The National Bank of Hungary (MNB) announced yesterday that it will require lenders to back at least 15% of their...

Debt

ÁKK buys HUF 65.8 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 65.8 bln of bonds before maturity at a reverse auction...

MNB

MNB could give lenders €1.1 bln for FX car, personal loans

The National Bank of Hungary (MNB) is prepared to provide lenders with some €1.1 bln in foreign currency necessary for...

Debt

ÁKK sells HUF 45 bln of three-month bills at auction, more than planned

The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction yesterday, HUF 5 bln...

MNB

Garantiqa expects 18% volume increase

Hungarian guarantor Garantiqa, which controls three-fourths of Hungaryʼs surety market, expects its guarantee volume to rise by 18% to HUF...

Debt

Retail investors finance 80% of this yearʼs adjusted deficit

Retail investors in Hungary have already financed about 80% of this yearʼs budget deficit, adjusted for European Union transfers, György...

ÁKK sells HUF 40 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on Tuesday, in line...

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

MNB rejects accusation of covert monetary financing

The National Bank of Hungary (MNB) is not involved in covert monetary financing through its subsidiaries, the MNB told state...

Forint stabilises on interbank market

The forint was trading at 312.25 to the euro late Monday on the interbank forex market, slightly up from 312.34...

Forint back on the slope on interbank market

The forint was trading at 312.67 to the euro late Friday on the interbank forex market, down from 311.03 late...

Forint firming on interbank market

The forint was trading at 311.38 to the euro late Thursday on the interbank forex market, up from 312.36 late...

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

ÁKK sells HUF 58.5 bln of bonds at auction, more than planned

The Government Debt Management Centre (ÁKK) sold HUF 58.5 bln of bonds at auction today, raising its original offer from...

Report: Non-financial investorsʼ stake in Hungary’s state debt third highest in EU

The percentage of Hungaryʼs state debt in the hands of non-financial investors is the third-highest in the European Union, Hungarian...

MNB: Rules mitigating mortgage financing mismatch take effect October 2016

The National Bank of Hungary (MNB) announced yesterday that it will require lenders to back at least 15% of their...

ÁKK buys HUF 65.8 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 65.8 bln of bonds before maturity at a reverse auction...

MNB could give lenders €1.1 bln for FX car, personal loans

The National Bank of Hungary (MNB) is prepared to provide lenders with some €1.1 bln in foreign currency necessary for...

ÁKK sells HUF 45 bln of three-month bills at auction, more than planned

The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction yesterday, HUF 5 bln...

Garantiqa expects 18% volume increase

Hungarian guarantor Garantiqa, which controls three-fourths of Hungaryʼs surety market, expects its guarantee volume to rise by 18% to HUF...

Retail investors finance 80% of this yearʼs adjusted deficit

Retail investors in Hungary have already financed about 80% of this yearʼs budget deficit, adjusted for European Union transfers, György...