Finance

Banking

Editorial: Stop using taxes as a weapon

The following editorial is from the February 13-February 26 print edition of the Budapest Business Journal....

Debt

ÁKK sells HUF 70 bln of securities at auction, HUF 10 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 70 bln of securities at auction on Thursday, raising its...

Ratings

Fitch: Bank levy reduction could influence positive rating

The reduction of the levy imposed on banks operating in Hungary along with a more friendly business environment could help...

Debt

ÁKK switches HUF short-term bonds to HUF 45 bln long ones at auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 45 bln of government bonds maturing in 2023 and 2028,...

Debt

ÁKK sells HUF 50 bln of three-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction on Tuesday, in line...

Banking

Lázár: PM, Bertelsmann to discuss ad tax

Hungary’s Prime Minister Viktor Orbán and the head of Germany's Bertelsmann Group, which owns Hungarian commercial channel RTL Klub, are...

MNB

EBRD, Hungary expected to buy into Erste

The European Bank for Reconstruction and Development (EBRD) and the Hungarian state will be buying into Erste Bank Hungary, with...

Banking

Fidesz could seek new tax to replace lost ad tax revenue

Expectations that the ruling party would reduce sectoral taxes were dashed when FIDESZ chief whip said that if the advertising...

MNB

MNB to create new regulations for mortgage financing

The National Bank of Hungary (MNB) is in the process of drafting new regulations that would oblige banks to finance...

MNB

MNB international reserves rise $3.652 bln in January

International reserves of the National Bank of Hungary (MNB) stood at $38.23 bln at the end of January, up $3.652...

Banking

Simicska says he plans ‘media war’ with Fidesz

A proposed new advertising tax regime would mean a higher tax bill for the thus-far government-friendly media outlets owned by...

MNB

Forint shrugs off Greece impact

The forint was trading at 306.88 to the euro late Thursday on the interbank forex market, up from 308.97 late...

Debt

ÁKK sells HUF 62 bln of bonds at auction, HUF 7 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 62 bln of bonds at auction on Thursday, raising its...

Banking

RTL official vows ‘independent news coverage’

Contradicting earlier reports that RTL Klub might agree to soften criticism of the Hungarian government, RTL Group spokesperson Oliver Fahlbusch...

MNB

Forint marches on in euro, eases versus the dollar

The forint was trading at 307.48 to the euro late Wednesday on the interbank forex market, up from 308.87 late...

Banking

Editorial: Stop using taxes as a weapon

The following editorial is from the February 13-February 26 print edition of the Budapest Business Journal....

Debt

ÁKK sells HUF 70 bln of securities at auction, HUF 10 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 70 bln of securities at auction on Thursday, raising its...

Ratings

Fitch: Bank levy reduction could influence positive rating

The reduction of the levy imposed on banks operating in Hungary along with a more friendly business environment could help...

Debt

ÁKK switches HUF short-term bonds to HUF 45 bln long ones at auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 45 bln of government bonds maturing in 2023 and 2028,...

Debt

ÁKK sells HUF 50 bln of three-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction on Tuesday, in line...

Banking

Lázár: PM, Bertelsmann to discuss ad tax

Hungary’s Prime Minister Viktor Orbán and the head of Germany's Bertelsmann Group, which owns Hungarian commercial channel RTL Klub, are...

MNB

EBRD, Hungary expected to buy into Erste

The European Bank for Reconstruction and Development (EBRD) and the Hungarian state will be buying into Erste Bank Hungary, with...

Banking

Fidesz could seek new tax to replace lost ad tax revenue

Expectations that the ruling party would reduce sectoral taxes were dashed when FIDESZ chief whip said that if the advertising...

MNB

MNB to create new regulations for mortgage financing

The National Bank of Hungary (MNB) is in the process of drafting new regulations that would oblige banks to finance...

MNB

MNB international reserves rise $3.652 bln in January

International reserves of the National Bank of Hungary (MNB) stood at $38.23 bln at the end of January, up $3.652...

Banking

Simicska says he plans ‘media war’ with Fidesz

A proposed new advertising tax regime would mean a higher tax bill for the thus-far government-friendly media outlets owned by...

MNB

Forint shrugs off Greece impact

The forint was trading at 306.88 to the euro late Thursday on the interbank forex market, up from 308.97 late...

Debt

ÁKK sells HUF 62 bln of bonds at auction, HUF 7 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 62 bln of bonds at auction on Thursday, raising its...

Banking

RTL official vows ‘independent news coverage’

Contradicting earlier reports that RTL Klub might agree to soften criticism of the Hungarian government, RTL Group spokesperson Oliver Fahlbusch...

MNB

Forint marches on in euro, eases versus the dollar

The forint was trading at 307.48 to the euro late Wednesday on the interbank forex market, up from 308.87 late...

Editorial: Stop using taxes as a weapon

The following editorial is from the February 13-February 26 print edition of the Budapest Business Journal....

ÁKK sells HUF 70 bln of securities at auction, HUF 10 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 70 bln of securities at auction on Thursday, raising its...

Fitch: Bank levy reduction could influence positive rating

The reduction of the levy imposed on banks operating in Hungary along with a more friendly business environment could help...

ÁKK switches HUF short-term bonds to HUF 45 bln long ones at auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 45 bln of government bonds maturing in 2023 and 2028,...

ÁKK sells HUF 50 bln of three-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction on Tuesday, in line...

Lázár: PM, Bertelsmann to discuss ad tax

Hungary’s Prime Minister Viktor Orbán and the head of Germany's Bertelsmann Group, which owns Hungarian commercial channel RTL Klub, are...

EBRD, Hungary expected to buy into Erste

The European Bank for Reconstruction and Development (EBRD) and the Hungarian state will be buying into Erste Bank Hungary, with...

Fidesz could seek new tax to replace lost ad tax revenue

Expectations that the ruling party would reduce sectoral taxes were dashed when FIDESZ chief whip said that if the advertising...

MNB to create new regulations for mortgage financing

The National Bank of Hungary (MNB) is in the process of drafting new regulations that would oblige banks to finance...

MNB international reserves rise $3.652 bln in January

International reserves of the National Bank of Hungary (MNB) stood at $38.23 bln at the end of January, up $3.652...

Simicska says he plans ‘media war’ with Fidesz

A proposed new advertising tax regime would mean a higher tax bill for the thus-far government-friendly media outlets owned by...

Forint shrugs off Greece impact

The forint was trading at 306.88 to the euro late Thursday on the interbank forex market, up from 308.97 late...

ÁKK sells HUF 62 bln of bonds at auction, HUF 7 bln more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 62 bln of bonds at auction on Thursday, raising its...

RTL official vows ‘independent news coverage’

Contradicting earlier reports that RTL Klub might agree to soften criticism of the Hungarian government, RTL Group spokesperson Oliver Fahlbusch...

Forint marches on in euro, eases versus the dollar

The forint was trading at 307.48 to the euro late Wednesday on the interbank forex market, up from 308.87 late...