Finance

Debt

Gen Gov’t Has January Surplus

Hungary's cash flow-based general government had a HUF 54.4 bln surplus at the end of January, the Finance Ministry said...

MNB

MNB Publishes Chinese-language Issue of Financial and Economic Review

The National Bank of Hungary (MNB) yesterday published a Chinese-language issue of the Financial and Economic Review containing a selection...

Banking

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

MNB

MNB Business Confidence Index Climbs in January

The business confidence index of the National Bank of Hungary (MNB) rose to +2 points in January from -11 points...

MNB

MNB International Reserves Rise EUR 5.138 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.542 billion at the end of January, up...

Trade

Hungary Trade Deficit at EUR 188 mln in December

Hungary's external trade in goods deficit reached EUR 188 million in December 2023, according to data by the Central Statistical...

Banking

EIB Group Outlays, Guarantees in Hungary Reach EUR 490 mln in 2023

The European Investment Bank Group, including the EIB and the European Investment Fund, supported Hungary's economy with EUR 490 million...

Trade

Magosz, NAK ‘Firmly Oppose’ EC Action on Ukraine Trade Restrictions

Hungarian farmers association Magosz and the National Agriculture Chamber (NAK) said they were "firmly opposed" to the European Commission's proposal...

Banking

OTP Raises Capital at Uzbek Unit

OTP Bank has raised capital at its Uzbek unit, Ipoteka Bank, boosting its stake in the lender to 79.58%, according...

Trade

Trade Surplus at EUR 1.58 bln in November

Hungary's trade surplus reached EUR 1.58 billion in November, widening from EUR 1.003 bln in the previous month, the Central...

Banking

Companies Deposit Net HUF 581 bln at Local Banks

Non-financial companies deposited net HUF 581 billion at local banks in December, state news wire MTI reports citing monthly data...

Banking

Households Deposit Net HUF 375 bln at Bank Accounts in Dec

Households made net deposits of HUF 375 bln into their accounts at Hungarian banks in December, monthly data released by...

Banking

Raiffeisen Books EUR 264 mln Profit in Hungary in 2023

Raiffeisen Bank International booked after-tax profit of EUR 264 million at its business in Hungary last year, up 44%, an...

MNB

MNB Cuts Base Rate by 75 bp to 10%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 75...

MNB

MNB Extends EUR 4 bln ECB Repo Line

The maturity of a EUR 4 bln repo line agreement the National Bank of Hungary (MNB) has with the European...

Debt

Gen Gov’t Has January Surplus

Hungary's cash flow-based general government had a HUF 54.4 bln surplus at the end of January, the Finance Ministry said...

MNB

MNB Publishes Chinese-language Issue of Financial and Economic Review

The National Bank of Hungary (MNB) yesterday published a Chinese-language issue of the Financial and Economic Review containing a selection...

Banking

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

MNB

MNB Business Confidence Index Climbs in January

The business confidence index of the National Bank of Hungary (MNB) rose to +2 points in January from -11 points...

MNB

MNB International Reserves Rise EUR 5.138 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.542 billion at the end of January, up...

Trade

Hungary Trade Deficit at EUR 188 mln in December

Hungary's external trade in goods deficit reached EUR 188 million in December 2023, according to data by the Central Statistical...

Banking

EIB Group Outlays, Guarantees in Hungary Reach EUR 490 mln in 2023

The European Investment Bank Group, including the EIB and the European Investment Fund, supported Hungary's economy with EUR 490 million...

Trade

Magosz, NAK ‘Firmly Oppose’ EC Action on Ukraine Trade Restrictions

Hungarian farmers association Magosz and the National Agriculture Chamber (NAK) said they were "firmly opposed" to the European Commission's proposal...

Banking

OTP Raises Capital at Uzbek Unit

OTP Bank has raised capital at its Uzbek unit, Ipoteka Bank, boosting its stake in the lender to 79.58%, according...

Trade

Trade Surplus at EUR 1.58 bln in November

Hungary's trade surplus reached EUR 1.58 billion in November, widening from EUR 1.003 bln in the previous month, the Central...

Banking

Companies Deposit Net HUF 581 bln at Local Banks

Non-financial companies deposited net HUF 581 billion at local banks in December, state news wire MTI reports citing monthly data...

Banking

Households Deposit Net HUF 375 bln at Bank Accounts in Dec

Households made net deposits of HUF 375 bln into their accounts at Hungarian banks in December, monthly data released by...

Banking

Raiffeisen Books EUR 264 mln Profit in Hungary in 2023

Raiffeisen Bank International booked after-tax profit of EUR 264 million at its business in Hungary last year, up 44%, an...

MNB

MNB Cuts Base Rate by 75 bp to 10%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 75...

MNB

MNB Extends EUR 4 bln ECB Repo Line

The maturity of a EUR 4 bln repo line agreement the National Bank of Hungary (MNB) has with the European...

Gen Gov’t Has January Surplus

Hungary's cash flow-based general government had a HUF 54.4 bln surplus at the end of January, the Finance Ministry said...

MNB Publishes Chinese-language Issue of Financial and Economic Review

The National Bank of Hungary (MNB) yesterday published a Chinese-language issue of the Financial and Economic Review containing a selection...

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

MNB Business Confidence Index Climbs in January

The business confidence index of the National Bank of Hungary (MNB) rose to +2 points in January from -11 points...

MNB International Reserves Rise EUR 5.138 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 46.542 billion at the end of January, up...

Hungary Trade Deficit at EUR 188 mln in December

Hungary's external trade in goods deficit reached EUR 188 million in December 2023, according to data by the Central Statistical...

EIB Group Outlays, Guarantees in Hungary Reach EUR 490 mln in 2023

The European Investment Bank Group, including the EIB and the European Investment Fund, supported Hungary's economy with EUR 490 million...

Magosz, NAK ‘Firmly Oppose’ EC Action on Ukraine Trade Restrictions

Hungarian farmers association Magosz and the National Agriculture Chamber (NAK) said they were "firmly opposed" to the European Commission's proposal...

OTP Raises Capital at Uzbek Unit

OTP Bank has raised capital at its Uzbek unit, Ipoteka Bank, boosting its stake in the lender to 79.58%, according...

Trade Surplus at EUR 1.58 bln in November

Hungary's trade surplus reached EUR 1.58 billion in November, widening from EUR 1.003 bln in the previous month, the Central...

Companies Deposit Net HUF 581 bln at Local Banks

Non-financial companies deposited net HUF 581 billion at local banks in December, state news wire MTI reports citing monthly data...

Households Deposit Net HUF 375 bln at Bank Accounts in Dec

Households made net deposits of HUF 375 bln into their accounts at Hungarian banks in December, monthly data released by...

Raiffeisen Books EUR 264 mln Profit in Hungary in 2023

Raiffeisen Bank International booked after-tax profit of EUR 264 million at its business in Hungary last year, up 44%, an...

MNB Cuts Base Rate by 75 bp to 10%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 75...

MNB Extends EUR 4 bln ECB Repo Line

The maturity of a EUR 4 bln repo line agreement the National Bank of Hungary (MNB) has with the European...