Finance

Debt

Hungary State Debt Ratio Reaches 75.2% at End-Q2

Hungary's state debt relative to GDP reached 75.2% at the end of the second quarter, a second reading of data...

Banking

K&H Mobile App Introduces Voice-based Digital HUF Transfers

K&H's mobile bank is the first in the Hungarian financial sector to introduce voice-based digital HUF transfers, Andrea Király, head...

Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

MBH Bank closed the acquisition of Duna Takarék Bank on Friday, Hungary's second-biggest commercial lender said, according to a report...

MNB

MNB Sees Broadening Disinflationary Impact Till Year-end

The National Bank of Hungary (MNB) augured a continuation until the end of the year of the broadening disinflationary impact...

Banking

Banks to Draft Lending Recovery Plan

The Hungarian Banking Association agreed to draft a package of measures banks can take to support the recovery of the...

MNB

MNB Monetary Council Leaves Base Rate on Hold at 13%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%,...

MNB

ÁSZ President Questions ‘Neutralization’ of MNB Losses

The accumulated losses of the National Bank of Hungary (MNB) could only be "neutralized" in several years, but it is...

Debt

ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan

The Government Debt Management Agency (ÁKK) sold HUF 60.5 billion of bonds at auction on Thursday, a little more than...

Ratings

S&P Revises Croatia’s Outlook to Positive

Standard & Poor's on Friday affirmed Croatia's BBB+/A-2 ratings and revised the county's outlook to positive, forecasting that economic growth...

Trade

Hungary Extends Ban on Ukrainian Grain Imports

Hungary extended a ban on imports of Ukrainian grain in a government decree issued late Friday after the European Commission...

MNB

MNB Could Cut Base Rate to 10-11% – Report

Hungary's central bank could cut its base rate to 10-11% by the end of the year from 13%, a rate-setter...

Banking

Value of Bank Card Payments Climbs 24% in Q2

The value of payments in Hungary made with locally-issued bank cards climbed 24% year-on-year to HUF 3.733 trillion in the...

Debt

Hungary Current Account Shows EUR 142 mln Deficit in July

Hungary's current account showed a EUR 142 mln deficit in July, after surpluses in the previous two months, preliminary monthly...

Banking

Forint Liquidity of Banking Sector Increases in August

Forint liquidity of the Hungarian banking sector expanded in August, mainly reflected in an increase of average stock of lenders'...

Trade

AgMin Consults With Counterparts on Ukrainian Grain Import Ban Extension

Agriculture Minister István Nagy met with his counterparts from Romania, Bulgaria, and Slovakia on Tuesday to discuss extending restrictions on...

Debt

Hungary State Debt Ratio Reaches 75.2% at End-Q2

Hungary's state debt relative to GDP reached 75.2% at the end of the second quarter, a second reading of data...

Banking

K&H Mobile App Introduces Voice-based Digital HUF Transfers

K&H's mobile bank is the first in the Hungarian financial sector to introduce voice-based digital HUF transfers, Andrea Király, head...

Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

MBH Bank closed the acquisition of Duna Takarék Bank on Friday, Hungary's second-biggest commercial lender said, according to a report...

MNB

MNB Sees Broadening Disinflationary Impact Till Year-end

The National Bank of Hungary (MNB) augured a continuation until the end of the year of the broadening disinflationary impact...

Banking

Banks to Draft Lending Recovery Plan

The Hungarian Banking Association agreed to draft a package of measures banks can take to support the recovery of the...

MNB

MNB Monetary Council Leaves Base Rate on Hold at 13%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%,...

MNB

ÁSZ President Questions ‘Neutralization’ of MNB Losses

The accumulated losses of the National Bank of Hungary (MNB) could only be "neutralized" in several years, but it is...

Debt

ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan

The Government Debt Management Agency (ÁKK) sold HUF 60.5 billion of bonds at auction on Thursday, a little more than...

Ratings

S&P Revises Croatia’s Outlook to Positive

Standard & Poor's on Friday affirmed Croatia's BBB+/A-2 ratings and revised the county's outlook to positive, forecasting that economic growth...

Trade

Hungary Extends Ban on Ukrainian Grain Imports

Hungary extended a ban on imports of Ukrainian grain in a government decree issued late Friday after the European Commission...

MNB

MNB Could Cut Base Rate to 10-11% – Report

Hungary's central bank could cut its base rate to 10-11% by the end of the year from 13%, a rate-setter...

Banking

Value of Bank Card Payments Climbs 24% in Q2

The value of payments in Hungary made with locally-issued bank cards climbed 24% year-on-year to HUF 3.733 trillion in the...

Debt

Hungary Current Account Shows EUR 142 mln Deficit in July

Hungary's current account showed a EUR 142 mln deficit in July, after surpluses in the previous two months, preliminary monthly...

Banking

Forint Liquidity of Banking Sector Increases in August

Forint liquidity of the Hungarian banking sector expanded in August, mainly reflected in an increase of average stock of lenders'...

Trade

AgMin Consults With Counterparts on Ukrainian Grain Import Ban Extension

Agriculture Minister István Nagy met with his counterparts from Romania, Bulgaria, and Slovakia on Tuesday to discuss extending restrictions on...

Hungary State Debt Ratio Reaches 75.2% at End-Q2

Hungary's state debt relative to GDP reached 75.2% at the end of the second quarter, a second reading of data...

K&H Mobile App Introduces Voice-based Digital HUF Transfers

K&H's mobile bank is the first in the Hungarian financial sector to introduce voice-based digital HUF transfers, Andrea Király, head...

MBH Bank Closes Acquisition of Duna Takarék Bank

MBH Bank closed the acquisition of Duna Takarék Bank on Friday, Hungary's second-biggest commercial lender said, according to a report...

MNB Sees Broadening Disinflationary Impact Till Year-end

The National Bank of Hungary (MNB) augured a continuation until the end of the year of the broadening disinflationary impact...

Banks to Draft Lending Recovery Plan

The Hungarian Banking Association agreed to draft a package of measures banks can take to support the recovery of the...

MNB Monetary Council Leaves Base Rate on Hold at 13%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%,...

ÁSZ President Questions ‘Neutralization’ of MNB Losses

The accumulated losses of the National Bank of Hungary (MNB) could only be "neutralized" in several years, but it is...

ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan

The Government Debt Management Agency (ÁKK) sold HUF 60.5 billion of bonds at auction on Thursday, a little more than...

S&P Revises Croatia’s Outlook to Positive

Standard & Poor's on Friday affirmed Croatia's BBB+/A-2 ratings and revised the county's outlook to positive, forecasting that economic growth...

Hungary Extends Ban on Ukrainian Grain Imports

Hungary extended a ban on imports of Ukrainian grain in a government decree issued late Friday after the European Commission...

MNB Could Cut Base Rate to 10-11% – Report

Hungary's central bank could cut its base rate to 10-11% by the end of the year from 13%, a rate-setter...

Value of Bank Card Payments Climbs 24% in Q2

The value of payments in Hungary made with locally-issued bank cards climbed 24% year-on-year to HUF 3.733 trillion in the...

Hungary Current Account Shows EUR 142 mln Deficit in July

Hungary's current account showed a EUR 142 mln deficit in July, after surpluses in the previous two months, preliminary monthly...

Forint Liquidity of Banking Sector Increases in August

Forint liquidity of the Hungarian banking sector expanded in August, mainly reflected in an increase of average stock of lenders'...

AgMin Consults With Counterparts on Ukrainian Grain Import Ban Extension

Agriculture Minister István Nagy met with his counterparts from Romania, Bulgaria, and Slovakia on Tuesday to discuss extending restrictions on...