Finance

Ratings

Scope Affirms Hungary BBB Ratings With Stable Outlook

Scope Ratings affirmed Hungary's BBB credit ratings with a stable outlook on Friday, according to a report by state news...

Debt

2023 Budget Gap Could Reach 6% of GDP – Varga

Hungary's general government deficit may have reached 6% of GDP last year as a decline in consumption amid falling real...

Debt

ÁKK Sells HUF 46.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 46.5 bln of bonds at auction on Thursday, HUF 10.5 bln more...

Trade

Agri Minister Calls out Lack of Will on Ukrainian Grain Issue

Minister of Agriculture István Nagy complained of a lack of will at the European Union level to resolve the matter...

MNB

MNB Among Greenest Central Banks

The National Bank of Hungary (MNB) scored higher than any G20 central bank in a self-assessment of policies supporting sustainable...

MNB

MNB Phases out Variable-rate Longer-term Deposit Facility

The National Bank of Hungary (MNB) on Wednesday announced the discontinuation of its variable-rate deposit facility with terms up to...

Ratings

Scope Puts Communication Technologies Rating Under Review

Scope Ratings GmbH has placed Communication Technologies Kft.'s issuer rating and its senior unsecured debt rating, both currently "B+," under...

Banking

Exim Reopens Applications for Reindustrialization Loan Program

Exim Hungary has reopened the acceptance of applications for the Gábor Baross Reindustrialization Loan Program, according to hrportal.hu....

Debt

FX Share of State Debt Rises to 26.9% in 2023

The ratio of foreign currency-denominated debt within Hungary's total state debt reached 26.9% at the end of 2023, up from...

MNB

MNB Tops Green Central Banking Ranking

The National Bank of Hungary (MNB) has scored higher than any G20 central bank in a self-assessment of policies supporting...

Banking

Lender Liquidity Increases in December

Forint liquidity of the domestic banking sector rose in December, indicated by an increase in the average stock of central...

Banking

Foreign Ownership in OTP Bank Close to 55%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, rose close to 55% at the end of last year from...

Banking

Gránit Bank Renames Fund Manager

Gránit Bank has renamed fund manager Diófa, which it acquired in November, Gránit Fund Manager, the lender said on Friday,...

Debt

ÁKK Purchases HUF 38.8 bln of Bonds at Buyback Auction

The Government Debt Management Agency (ÁKK) purchased HUF 38.8 billion of bonds before maturity at a buyback auction on Wednesday,...

Debt

Gov’t Deficit Reaches HUF 4.593 tln

Hungary's cash flow-based government deficit reached HUF 4.5934 trillion at the end of December, the Ministry of Finance said in...

Ratings

Scope Affirms Hungary BBB Ratings With Stable Outlook

Scope Ratings affirmed Hungary's BBB credit ratings with a stable outlook on Friday, according to a report by state news...

Debt

2023 Budget Gap Could Reach 6% of GDP – Varga

Hungary's general government deficit may have reached 6% of GDP last year as a decline in consumption amid falling real...

Debt

ÁKK Sells HUF 46.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 46.5 bln of bonds at auction on Thursday, HUF 10.5 bln more...

Trade

Agri Minister Calls out Lack of Will on Ukrainian Grain Issue

Minister of Agriculture István Nagy complained of a lack of will at the European Union level to resolve the matter...

MNB

MNB Among Greenest Central Banks

The National Bank of Hungary (MNB) scored higher than any G20 central bank in a self-assessment of policies supporting sustainable...

MNB

MNB Phases out Variable-rate Longer-term Deposit Facility

The National Bank of Hungary (MNB) on Wednesday announced the discontinuation of its variable-rate deposit facility with terms up to...

Ratings

Scope Puts Communication Technologies Rating Under Review

Scope Ratings GmbH has placed Communication Technologies Kft.'s issuer rating and its senior unsecured debt rating, both currently "B+," under...

Banking

Exim Reopens Applications for Reindustrialization Loan Program

Exim Hungary has reopened the acceptance of applications for the Gábor Baross Reindustrialization Loan Program, according to hrportal.hu....

Debt

FX Share of State Debt Rises to 26.9% in 2023

The ratio of foreign currency-denominated debt within Hungary's total state debt reached 26.9% at the end of 2023, up from...

MNB

MNB Tops Green Central Banking Ranking

The National Bank of Hungary (MNB) has scored higher than any G20 central bank in a self-assessment of policies supporting...

Banking

Lender Liquidity Increases in December

Forint liquidity of the domestic banking sector rose in December, indicated by an increase in the average stock of central...

Banking

Foreign Ownership in OTP Bank Close to 55%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, rose close to 55% at the end of last year from...

Banking

Gránit Bank Renames Fund Manager

Gránit Bank has renamed fund manager Diófa, which it acquired in November, Gránit Fund Manager, the lender said on Friday,...

Debt

ÁKK Purchases HUF 38.8 bln of Bonds at Buyback Auction

The Government Debt Management Agency (ÁKK) purchased HUF 38.8 billion of bonds before maturity at a buyback auction on Wednesday,...

Debt

Gov’t Deficit Reaches HUF 4.593 tln

Hungary's cash flow-based government deficit reached HUF 4.5934 trillion at the end of December, the Ministry of Finance said in...

Scope Affirms Hungary BBB Ratings With Stable Outlook

Scope Ratings affirmed Hungary's BBB credit ratings with a stable outlook on Friday, according to a report by state news...

2023 Budget Gap Could Reach 6% of GDP – Varga

Hungary's general government deficit may have reached 6% of GDP last year as a decline in consumption amid falling real...

ÁKK Sells HUF 46.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 46.5 bln of bonds at auction on Thursday, HUF 10.5 bln more...

Agri Minister Calls out Lack of Will on Ukrainian Grain Issue

Minister of Agriculture István Nagy complained of a lack of will at the European Union level to resolve the matter...

MNB Among Greenest Central Banks

The National Bank of Hungary (MNB) scored higher than any G20 central bank in a self-assessment of policies supporting sustainable...

MNB Phases out Variable-rate Longer-term Deposit Facility

The National Bank of Hungary (MNB) on Wednesday announced the discontinuation of its variable-rate deposit facility with terms up to...

Scope Puts Communication Technologies Rating Under Review

Scope Ratings GmbH has placed Communication Technologies Kft.'s issuer rating and its senior unsecured debt rating, both currently "B+," under...

Exim Reopens Applications for Reindustrialization Loan Program

Exim Hungary has reopened the acceptance of applications for the Gábor Baross Reindustrialization Loan Program, according to hrportal.hu....

FX Share of State Debt Rises to 26.9% in 2023

The ratio of foreign currency-denominated debt within Hungary's total state debt reached 26.9% at the end of 2023, up from...

MNB Tops Green Central Banking Ranking

The National Bank of Hungary (MNB) has scored higher than any G20 central bank in a self-assessment of policies supporting...

Lender Liquidity Increases in December

Forint liquidity of the domestic banking sector rose in December, indicated by an increase in the average stock of central...

Foreign Ownership in OTP Bank Close to 55%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, rose close to 55% at the end of last year from...

Gránit Bank Renames Fund Manager

Gránit Bank has renamed fund manager Diófa, which it acquired in November, Gránit Fund Manager, the lender said on Friday,...

ÁKK Purchases HUF 38.8 bln of Bonds at Buyback Auction

The Government Debt Management Agency (ÁKK) purchased HUF 38.8 billion of bonds before maturity at a buyback auction on Wednesday,...

Gov’t Deficit Reaches HUF 4.593 tln

Hungary's cash flow-based government deficit reached HUF 4.5934 trillion at the end of December, the Ministry of Finance said in...