Finance

Banking

Varga: Attacks against tax office target the state

Economy Minister Mihály Varga said attacks against the Tax and Customs Authority (NAV) are in fact directed at Hungarian state...

Banking

Varga: Tobacco, ad tax justified

Economy Minister Mihály Varga defended the proposed amendement to the advertisement tax and the progressive tax aimed at tobacco manufacturers...

MNB

MNB sends oversight commissioners to Széchenyi Bank leasing unit

The National Bank of Hungary (MNB) ordered oversight commissioners to financial businesses Széchenyi Lízing Pénzügyi Szolgáltató and Platinum Pénzügyi Szolgátatóház...

Banking

Bill would make tobacco companies pay one-time healthcare contribution

A bill submitted by an MP of the governing Fidesz party on Thursday would require tobacco companies to pay a...

MNB

MNB predicts only five big players will remain in banking market

Five big banks will remain in Hungary after a consolidation on the market, National Bank of Hungary managing director Márton...

Banking

Report: Advertising tax targets broadcaster RTL

The latest amendment to the advertising tax is aimed at punishing television broadcaster RTL Klub for regularly targeting Fidesz leaders,...

Debt

ÁKK raises offers on strong demand at bond auction

The Government Debt Management Agency (ÁKK) raised its offers for all three terms on strong demand at a bond auction...

Banking

Gov’t proposes raising top ad tax rate

The government is proposing raising the upper rate for the advertising tax from 40% to 50%, National Economy Ministry deputy...

Debt

Retail sale of government securities slows to HUF 30 bln in October

Retail sale of government securities dropped to HUF 30 bln in October from an extraordinarily high HUF 101.1 bln in...

Debt

ÁKK buys back HUF 44.2 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 44.2 bln of three bonds before maturity at a reverse auction...

Debt

Yields fall at three-month T-bill auction

Yields fell at an auction of discount three-month T-bills on Tuesday. ÁKK sold HUF 30 bln of the bills, in...

MNB

Banks to wind up loan refinancing by next fall

Hungarian banks could wind up the process of refinancing retail clients' loans to reflect compensation paid under borrowers' relief legislation...

MNB

Analysts’ views differ on FX conversion effects

Analysts interviewed by MTI on Sunday gave differing views on how successful the forint conversion of foreign currency loans could...

MNB

Lenders allotted €7.8 bln at FX conversion tender

The National Bank of Hungary allotted a combined €7.834 bln to banks for the conversion of retail foreign currency-denominated loans...

MNB

MNB: FX loan conversion to take place in one go

The National Bank of Hungary (MNB) is well prepared for the conversion of retail FX loans into forints and the...

Banking

Varga: Attacks against tax office target the state

Economy Minister Mihály Varga said attacks against the Tax and Customs Authority (NAV) are in fact directed at Hungarian state...

Banking

Varga: Tobacco, ad tax justified

Economy Minister Mihály Varga defended the proposed amendement to the advertisement tax and the progressive tax aimed at tobacco manufacturers...

MNB

MNB sends oversight commissioners to Széchenyi Bank leasing unit

The National Bank of Hungary (MNB) ordered oversight commissioners to financial businesses Széchenyi Lízing Pénzügyi Szolgáltató and Platinum Pénzügyi Szolgátatóház...

Banking

Bill would make tobacco companies pay one-time healthcare contribution

A bill submitted by an MP of the governing Fidesz party on Thursday would require tobacco companies to pay a...

MNB

MNB predicts only five big players will remain in banking market

Five big banks will remain in Hungary after a consolidation on the market, National Bank of Hungary managing director Márton...

Banking

Report: Advertising tax targets broadcaster RTL

The latest amendment to the advertising tax is aimed at punishing television broadcaster RTL Klub for regularly targeting Fidesz leaders,...

Debt

ÁKK raises offers on strong demand at bond auction

The Government Debt Management Agency (ÁKK) raised its offers for all three terms on strong demand at a bond auction...

Banking

Gov’t proposes raising top ad tax rate

The government is proposing raising the upper rate for the advertising tax from 40% to 50%, National Economy Ministry deputy...

Debt

Retail sale of government securities slows to HUF 30 bln in October

Retail sale of government securities dropped to HUF 30 bln in October from an extraordinarily high HUF 101.1 bln in...

Debt

ÁKK buys back HUF 44.2 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 44.2 bln of three bonds before maturity at a reverse auction...

Debt

Yields fall at three-month T-bill auction

Yields fell at an auction of discount three-month T-bills on Tuesday. ÁKK sold HUF 30 bln of the bills, in...

MNB

Banks to wind up loan refinancing by next fall

Hungarian banks could wind up the process of refinancing retail clients' loans to reflect compensation paid under borrowers' relief legislation...

MNB

Analysts’ views differ on FX conversion effects

Analysts interviewed by MTI on Sunday gave differing views on how successful the forint conversion of foreign currency loans could...

MNB

Lenders allotted €7.8 bln at FX conversion tender

The National Bank of Hungary allotted a combined €7.834 bln to banks for the conversion of retail foreign currency-denominated loans...

MNB

MNB: FX loan conversion to take place in one go

The National Bank of Hungary (MNB) is well prepared for the conversion of retail FX loans into forints and the...

Varga: Attacks against tax office target the state

Economy Minister Mihály Varga said attacks against the Tax and Customs Authority (NAV) are in fact directed at Hungarian state...

Varga: Tobacco, ad tax justified

Economy Minister Mihály Varga defended the proposed amendement to the advertisement tax and the progressive tax aimed at tobacco manufacturers...

MNB sends oversight commissioners to Széchenyi Bank leasing unit

The National Bank of Hungary (MNB) ordered oversight commissioners to financial businesses Széchenyi Lízing Pénzügyi Szolgáltató and Platinum Pénzügyi Szolgátatóház...

Bill would make tobacco companies pay one-time healthcare contribution

A bill submitted by an MP of the governing Fidesz party on Thursday would require tobacco companies to pay a...

MNB predicts only five big players will remain in banking market

Five big banks will remain in Hungary after a consolidation on the market, National Bank of Hungary managing director Márton...

Report: Advertising tax targets broadcaster RTL

The latest amendment to the advertising tax is aimed at punishing television broadcaster RTL Klub for regularly targeting Fidesz leaders,...

ÁKK raises offers on strong demand at bond auction

The Government Debt Management Agency (ÁKK) raised its offers for all three terms on strong demand at a bond auction...

Gov’t proposes raising top ad tax rate

The government is proposing raising the upper rate for the advertising tax from 40% to 50%, National Economy Ministry deputy...

Retail sale of government securities slows to HUF 30 bln in October

Retail sale of government securities dropped to HUF 30 bln in October from an extraordinarily high HUF 101.1 bln in...

ÁKK buys back HUF 44.2 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 44.2 bln of three bonds before maturity at a reverse auction...

Yields fall at three-month T-bill auction

Yields fell at an auction of discount three-month T-bills on Tuesday. ÁKK sold HUF 30 bln of the bills, in...

Banks to wind up loan refinancing by next fall

Hungarian banks could wind up the process of refinancing retail clients' loans to reflect compensation paid under borrowers' relief legislation...

Analysts’ views differ on FX conversion effects

Analysts interviewed by MTI on Sunday gave differing views on how successful the forint conversion of foreign currency loans could...

Lenders allotted €7.8 bln at FX conversion tender

The National Bank of Hungary allotted a combined €7.834 bln to banks for the conversion of retail foreign currency-denominated loans...

MNB: FX loan conversion to take place in one go

The National Bank of Hungary (MNB) is well prepared for the conversion of retail FX loans into forints and the...