Finance

MNB

MNB: Corporate lending conditions ease in Q1

In Q about 30% more lenders, weighed by market share, eased non-price lending conditions for companies, than those which tightened...

Debt

ÁKK sells HUF 58 bln of securities at auction, HUF 8 bln over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 58 bln of securities at auction on Thursday, raising its...

Debt

ÁKK exchanges HUF 34.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 34.5 bln of bonds maturing in 2024 for ones that expire in...

MNB

Banks disburse HUF 571 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 571.1 bln in loans as of May 29 to small and medium-size enterprises (SMEs)...

MNB

MNB to introduce three-month deposit as main policy instrument

The National Bank of Hungaryʼs (MNB) Monetary Council decided on Tuesday to replace the central bankʼs two-week deposits with three-month,...

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 yesterday, in line with...

MNB

Daily share turnover drops in May

Daily share turnover on the Budapest Stock Exchange fell to HUF 9.2 bln in May, down 31.8% as compared to...

Ratings

Moodyʼs concludes rating reviews of OTP, OTP Jelzálogbank, MKB

Ratings agency Moodyʼs concluded rating reviews of Hungaryʼs OTP Bank, OTP Jelzálogbank and MKB Bank, following the introduction of the...

Ratings

Analysts: Hungary’s rating could be updated to investment grade

Fitch Ratings could upgrade Hungaryʼs sovereign credit ratings to investment grade by the end of this year, London-based emerging markets...

MNB

MNB: Financial risk reduced, but regulatory intervention still needed

Risk in the financial sector has been reduced, but the high ratio of NPLs and FX personal and vehicle loans...

Ratings

Fitch: Eximbank, MFB, K&H revised to positive

Fitch Ratings yesterday affirmed the Long-term Issuer Default Ratings (IDRs) of the Hungarian Export Import Bank (Eximbank) and the Hungarian...

Debt

ÁKK sells HUF 65.5 bln of bonds auction, well over HUF 47 bln plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 65.5 bln of bonds at auction today, well over the...

Ratings

Moodyʼs assigns (P)Ba1 debt rating to MFB bonds

Moodyʼs Investors Service yesterday assigned a provisional (P)Ba1 long-term foreign-currency senior unsecured debt rating to Hungarian state-owned MFB’s (Hungarian Development...

MNB

Analysts: Hungary’s base rate may drop below 1.5%

London-based emerging markets economists expect the National Bank of Hungary (MNB) to keep cutting the base rate, which is likely...

MNB

MNB puts 2016 deficit over target in budget bill assessment

Hungaryʼs general government deficit, according to European Union accounting rules, could reach 2.2% of GDP next year, over the 2.0%...

MNB

MNB: Corporate lending conditions ease in Q1

In Q about 30% more lenders, weighed by market share, eased non-price lending conditions for companies, than those which tightened...

Debt

ÁKK sells HUF 58 bln of securities at auction, HUF 8 bln over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 58 bln of securities at auction on Thursday, raising its...

Debt

ÁKK exchanges HUF 34.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 34.5 bln of bonds maturing in 2024 for ones that expire in...

MNB

Banks disburse HUF 571 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 571.1 bln in loans as of May 29 to small and medium-size enterprises (SMEs)...

MNB

MNB to introduce three-month deposit as main policy instrument

The National Bank of Hungaryʼs (MNB) Monetary Council decided on Tuesday to replace the central bankʼs two-week deposits with three-month,...

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 yesterday, in line with...

MNB

Daily share turnover drops in May

Daily share turnover on the Budapest Stock Exchange fell to HUF 9.2 bln in May, down 31.8% as compared to...

Ratings

Moodyʼs concludes rating reviews of OTP, OTP Jelzálogbank, MKB

Ratings agency Moodyʼs concluded rating reviews of Hungaryʼs OTP Bank, OTP Jelzálogbank and MKB Bank, following the introduction of the...

Ratings

Analysts: Hungary’s rating could be updated to investment grade

Fitch Ratings could upgrade Hungaryʼs sovereign credit ratings to investment grade by the end of this year, London-based emerging markets...

MNB

MNB: Financial risk reduced, but regulatory intervention still needed

Risk in the financial sector has been reduced, but the high ratio of NPLs and FX personal and vehicle loans...

Ratings

Fitch: Eximbank, MFB, K&H revised to positive

Fitch Ratings yesterday affirmed the Long-term Issuer Default Ratings (IDRs) of the Hungarian Export Import Bank (Eximbank) and the Hungarian...

Debt

ÁKK sells HUF 65.5 bln of bonds auction, well over HUF 47 bln plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 65.5 bln of bonds at auction today, well over the...

Ratings

Moodyʼs assigns (P)Ba1 debt rating to MFB bonds

Moodyʼs Investors Service yesterday assigned a provisional (P)Ba1 long-term foreign-currency senior unsecured debt rating to Hungarian state-owned MFB’s (Hungarian Development...

MNB

Analysts: Hungary’s base rate may drop below 1.5%

London-based emerging markets economists expect the National Bank of Hungary (MNB) to keep cutting the base rate, which is likely...

MNB

MNB puts 2016 deficit over target in budget bill assessment

Hungaryʼs general government deficit, according to European Union accounting rules, could reach 2.2% of GDP next year, over the 2.0%...

MNB: Corporate lending conditions ease in Q1

In Q about 30% more lenders, weighed by market share, eased non-price lending conditions for companies, than those which tightened...

ÁKK sells HUF 58 bln of securities at auction, HUF 8 bln over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 58 bln of securities at auction on Thursday, raising its...

ÁKK exchanges HUF 34.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 34.5 bln of bonds maturing in 2024 for ones that expire in...

Banks disburse HUF 571 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 571.1 bln in loans as of May 29 to small and medium-size enterprises (SMEs)...

MNB to introduce three-month deposit as main policy instrument

The National Bank of Hungaryʼs (MNB) Monetary Council decided on Tuesday to replace the central bankʼs two-week deposits with three-month,...

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 yesterday, in line with...

Daily share turnover drops in May

Daily share turnover on the Budapest Stock Exchange fell to HUF 9.2 bln in May, down 31.8% as compared to...

Moodyʼs concludes rating reviews of OTP, OTP Jelzálogbank, MKB

Ratings agency Moodyʼs concluded rating reviews of Hungaryʼs OTP Bank, OTP Jelzálogbank and MKB Bank, following the introduction of the...

Analysts: Hungary’s rating could be updated to investment grade

Fitch Ratings could upgrade Hungaryʼs sovereign credit ratings to investment grade by the end of this year, London-based emerging markets...

MNB: Financial risk reduced, but regulatory intervention still needed

Risk in the financial sector has been reduced, but the high ratio of NPLs and FX personal and vehicle loans...

Fitch: Eximbank, MFB, K&H revised to positive

Fitch Ratings yesterday affirmed the Long-term Issuer Default Ratings (IDRs) of the Hungarian Export Import Bank (Eximbank) and the Hungarian...

ÁKK sells HUF 65.5 bln of bonds auction, well over HUF 47 bln plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 65.5 bln of bonds at auction today, well over the...

Moodyʼs assigns (P)Ba1 debt rating to MFB bonds

Moodyʼs Investors Service yesterday assigned a provisional (P)Ba1 long-term foreign-currency senior unsecured debt rating to Hungarian state-owned MFB’s (Hungarian Development...

Analysts: Hungary’s base rate may drop below 1.5%

London-based emerging markets economists expect the National Bank of Hungary (MNB) to keep cutting the base rate, which is likely...

MNB puts 2016 deficit over target in budget bill assessment

Hungaryʼs general government deficit, according to European Union accounting rules, could reach 2.2% of GDP next year, over the 2.0%...