Finance

MNB

MNB clears retail loan indicators submitted under ‘fair banks’ law

The National Bank of Hungary (MNB) yesterday said it had reviewed indicators for changes to interest rates and margins, as...

MNB

Forint wobbles then mostly stable on interbank market, still down in dollar

The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late...

Debt

ÁKK raises three-month bill auction sales, yield sharply up

The Government Debt Management Agency (ÁKK) sold more than planned discount HUF 80 bln three-month T-bills in almost three-fold oversubscription...

MNB

Forint down on interbank market

The forint was trading at 318.25 to the euro late Monday on the interbank forex market, down from 318.01 late...

Debt

ÁKK sells HUF 70 bln of ‘liquidity’ bills on large demand at auction

The Government Debt Management Centre (ÁKK) sold HUF 70bn of discount "liquidity" bills expiring in the middle of March at...

Ratings

Moody’s: MFB ratings changed to stable from negative

Moody's Investors Service on Friday affirmed the state-owned Hungarian Development Bank's (MFB) Ba1 foreign-currency senior unsecured debt rating and Ba2/Not-Prime...

MNB

Central bank takes over for MKB board

Experts chosen by the National Bank of Hungary (MNB) took over the tasks of the board of MKB Bank and...

MNB

Forint dives again on interbank market

The forint was trading at 316.36 to the euro late Thursday on the interbank forex market, down from 314.55 late...

Ratings

Fitch predicts stable outlook for CEE banks in 2015

Fitch Ratings on Wednesday said the overall rating outlook for banks in Central and Eastern Europe (CEE) is stable for...

MNB

Gov’t to set up compensation fund for clients of Széchenyi Bank

The government is establishing a compensation fund for the depositors of the failed Széchenyi Commercial Bank, Prime Minister Viktor Orbán...

MNB

Forint mixed on interbank market

The forint was trading at 313.65 to the euro late Thursday on the interbank forex market, up from 314.18 late...

Debt

ÁKK sells combined HUF 32 bln of 12-month bills and floaters at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of 12-month T-bills and sold HUF 12 bln worth of...

MNB

Student loan rates to stay unchanged

State-owned student loan provider Diákhitel Központ is planning to keep the interest rate on its loans unchanged for the period...

Banking

HVG: Tax may drive TV2 production abroad

Commercial channel TV2, which has Fidesz-friendly ownership, is considering relocating its production abroad, in order to avoid the burden that...

Debt

ÁKK buys back HUF 6.7 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.9 bln of bonds before their maturity in 2015 and 2016...

MNB

MNB clears retail loan indicators submitted under ‘fair banks’ law

The National Bank of Hungary (MNB) yesterday said it had reviewed indicators for changes to interest rates and margins, as...

MNB

Forint wobbles then mostly stable on interbank market, still down in dollar

The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late...

Debt

ÁKK raises three-month bill auction sales, yield sharply up

The Government Debt Management Agency (ÁKK) sold more than planned discount HUF 80 bln three-month T-bills in almost three-fold oversubscription...

MNB

Forint down on interbank market

The forint was trading at 318.25 to the euro late Monday on the interbank forex market, down from 318.01 late...

Debt

ÁKK sells HUF 70 bln of ‘liquidity’ bills on large demand at auction

The Government Debt Management Centre (ÁKK) sold HUF 70bn of discount "liquidity" bills expiring in the middle of March at...

Ratings

Moody’s: MFB ratings changed to stable from negative

Moody's Investors Service on Friday affirmed the state-owned Hungarian Development Bank's (MFB) Ba1 foreign-currency senior unsecured debt rating and Ba2/Not-Prime...

MNB

Central bank takes over for MKB board

Experts chosen by the National Bank of Hungary (MNB) took over the tasks of the board of MKB Bank and...

MNB

Forint dives again on interbank market

The forint was trading at 316.36 to the euro late Thursday on the interbank forex market, down from 314.55 late...

Ratings

Fitch predicts stable outlook for CEE banks in 2015

Fitch Ratings on Wednesday said the overall rating outlook for banks in Central and Eastern Europe (CEE) is stable for...

MNB

Gov’t to set up compensation fund for clients of Széchenyi Bank

The government is establishing a compensation fund for the depositors of the failed Széchenyi Commercial Bank, Prime Minister Viktor Orbán...

MNB

Forint mixed on interbank market

The forint was trading at 313.65 to the euro late Thursday on the interbank forex market, up from 314.18 late...

Debt

ÁKK sells combined HUF 32 bln of 12-month bills and floaters at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of 12-month T-bills and sold HUF 12 bln worth of...

MNB

Student loan rates to stay unchanged

State-owned student loan provider Diákhitel Központ is planning to keep the interest rate on its loans unchanged for the period...

Banking

HVG: Tax may drive TV2 production abroad

Commercial channel TV2, which has Fidesz-friendly ownership, is considering relocating its production abroad, in order to avoid the burden that...

Debt

ÁKK buys back HUF 6.7 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.9 bln of bonds before their maturity in 2015 and 2016...

MNB clears retail loan indicators submitted under ‘fair banks’ law

The National Bank of Hungary (MNB) yesterday said it had reviewed indicators for changes to interest rates and margins, as...

Forint wobbles then mostly stable on interbank market, still down in dollar

The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late...

ÁKK raises three-month bill auction sales, yield sharply up

The Government Debt Management Agency (ÁKK) sold more than planned discount HUF 80 bln three-month T-bills in almost three-fold oversubscription...

Forint down on interbank market

The forint was trading at 318.25 to the euro late Monday on the interbank forex market, down from 318.01 late...

ÁKK sells HUF 70 bln of ‘liquidity’ bills on large demand at auction

The Government Debt Management Centre (ÁKK) sold HUF 70bn of discount "liquidity" bills expiring in the middle of March at...

Moody’s: MFB ratings changed to stable from negative

Moody's Investors Service on Friday affirmed the state-owned Hungarian Development Bank's (MFB) Ba1 foreign-currency senior unsecured debt rating and Ba2/Not-Prime...

Central bank takes over for MKB board

Experts chosen by the National Bank of Hungary (MNB) took over the tasks of the board of MKB Bank and...

Forint dives again on interbank market

The forint was trading at 316.36 to the euro late Thursday on the interbank forex market, down from 314.55 late...

Fitch predicts stable outlook for CEE banks in 2015

Fitch Ratings on Wednesday said the overall rating outlook for banks in Central and Eastern Europe (CEE) is stable for...

Gov’t to set up compensation fund for clients of Széchenyi Bank

The government is establishing a compensation fund for the depositors of the failed Széchenyi Commercial Bank, Prime Minister Viktor Orbán...

Forint mixed on interbank market

The forint was trading at 313.65 to the euro late Thursday on the interbank forex market, up from 314.18 late...

ÁKK sells combined HUF 32 bln of 12-month bills and floaters at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of 12-month T-bills and sold HUF 12 bln worth of...

Student loan rates to stay unchanged

State-owned student loan provider Diákhitel Központ is planning to keep the interest rate on its loans unchanged for the period...

HVG: Tax may drive TV2 production abroad

Commercial channel TV2, which has Fidesz-friendly ownership, is considering relocating its production abroad, in order to avoid the burden that...

ÁKK buys back HUF 6.7 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.9 bln of bonds before their maturity in 2015 and 2016...