Finance

MNB

MNB Leaves Base Rate on Hold, Cuts O/N Collateralized Loan Rate

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

Debt

ÁKK Sells HUF 59.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 59.5 billion of bonds at auction on Thursday, over the plan, according...

Debt

Romania Foreign Debt Rises in March

Romania's gross foreign debt increased to EUR 154.7 billion at the end of March from EUR 144.5 billion at the...

Debt

Hungary State Debt Ratio Steady at 73.3%

Hungary's state debt relative to GDP reached 73.3% at the end of the first quarter, preliminary data released by the...

Banking

EBRD Approves EUR 8 mln Loan to Bosnia’s Sparkasse Bank

The European Bank for Reconstruction and Development said on Monday it has approved an EUR 8 million loan to Sparkasse...

Banking

Higher Mandatory Reserve Ratio Soaks up Banking Sector Liquidity

Forint liquidity of the Hungarian banking sector narrowed in April as a higher mandatory reserve ratio came into effect, the...

Banking

OTP Calls Inclusion on ‘Sponsors of War’ List ‘Undeserved’

OTP Bank, Hungary's biggest commercial lender, said its inclusion on a list of "international sponsors of war" by Ukraine's National...

MNB

As Green Loans Surge, MNB Launches Eco-Friendly Product Finder

The National Bank of Hungary (MNB) has published a report on the state of green finance in the country, highlighting...

MNB

MNB Raises Income Threshold for Upper Payment-to-income Ratio 

The National Bank of Hungary (MNB) on Friday said it decided to raise the income threshold for the upper, 60%...

Banking

MBH to Set up Own Investment Bank

MBH Bank will set up its own independent investment bank in September, chairman-CEO Zsolt Barna told journalists on Thursday, according...

MNB

Primus Trust to Appeal MNB ‘Mega Fine’

Primus Trust Asset Management Zrt released a statement saying that it categorically rejects the claim of the Hungarian National Bank...

Trade

Surplus on External Trade in Goods at EUR 899 mln in March

Hungary's surplus on external trade in goods stood at EUR 899 million in March 2023, with the value of exports...

MNB

MNB Justifies ‘Careful’ Approach to Setting O/N Instrument Rates

The Monetary Council of the National Bank of Hungary (MNB) justified a "careful" and "cautious" approach when setting rates on...

Banking

OTP Bank Books Q1 Profit of HUF 194.8 bln

OTP Bank, Hungary's biggest commercial lender, had consolidated after-tax profit of HUF 194.8 billion in the first quarter, improving from...

MNB

Int’l Reserves at EUR 39.88 bln in April

The international reserves of the National Bank of Hungary (MNB) stood at EUR 39.88 billion at the end of April,...

MNB

MNB Leaves Base Rate on Hold, Cuts O/N Collateralized Loan Rate

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

Debt

ÁKK Sells HUF 59.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 59.5 billion of bonds at auction on Thursday, over the plan, according...

Debt

Romania Foreign Debt Rises in March

Romania's gross foreign debt increased to EUR 154.7 billion at the end of March from EUR 144.5 billion at the...

Debt

Hungary State Debt Ratio Steady at 73.3%

Hungary's state debt relative to GDP reached 73.3% at the end of the first quarter, preliminary data released by the...

Banking

EBRD Approves EUR 8 mln Loan to Bosnia’s Sparkasse Bank

The European Bank for Reconstruction and Development said on Monday it has approved an EUR 8 million loan to Sparkasse...

Banking

Higher Mandatory Reserve Ratio Soaks up Banking Sector Liquidity

Forint liquidity of the Hungarian banking sector narrowed in April as a higher mandatory reserve ratio came into effect, the...

Banking

OTP Calls Inclusion on ‘Sponsors of War’ List ‘Undeserved’

OTP Bank, Hungary's biggest commercial lender, said its inclusion on a list of "international sponsors of war" by Ukraine's National...

MNB

As Green Loans Surge, MNB Launches Eco-Friendly Product Finder

The National Bank of Hungary (MNB) has published a report on the state of green finance in the country, highlighting...

MNB

MNB Raises Income Threshold for Upper Payment-to-income Ratio 

The National Bank of Hungary (MNB) on Friday said it decided to raise the income threshold for the upper, 60%...

Banking

MBH to Set up Own Investment Bank

MBH Bank will set up its own independent investment bank in September, chairman-CEO Zsolt Barna told journalists on Thursday, according...

MNB

Primus Trust to Appeal MNB ‘Mega Fine’

Primus Trust Asset Management Zrt released a statement saying that it categorically rejects the claim of the Hungarian National Bank...

Trade

Surplus on External Trade in Goods at EUR 899 mln in March

Hungary's surplus on external trade in goods stood at EUR 899 million in March 2023, with the value of exports...

MNB

MNB Justifies ‘Careful’ Approach to Setting O/N Instrument Rates

The Monetary Council of the National Bank of Hungary (MNB) justified a "careful" and "cautious" approach when setting rates on...

Banking

OTP Bank Books Q1 Profit of HUF 194.8 bln

OTP Bank, Hungary's biggest commercial lender, had consolidated after-tax profit of HUF 194.8 billion in the first quarter, improving from...

MNB

Int’l Reserves at EUR 39.88 bln in April

The international reserves of the National Bank of Hungary (MNB) stood at EUR 39.88 billion at the end of April,...

MNB Leaves Base Rate on Hold, Cuts O/N Collateralized Loan Rate

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

ÁKK Sells HUF 59.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 59.5 billion of bonds at auction on Thursday, over the plan, according...

Romania Foreign Debt Rises in March

Romania's gross foreign debt increased to EUR 154.7 billion at the end of March from EUR 144.5 billion at the...

Hungary State Debt Ratio Steady at 73.3%

Hungary's state debt relative to GDP reached 73.3% at the end of the first quarter, preliminary data released by the...

EBRD Approves EUR 8 mln Loan to Bosnia’s Sparkasse Bank

The European Bank for Reconstruction and Development said on Monday it has approved an EUR 8 million loan to Sparkasse...

Higher Mandatory Reserve Ratio Soaks up Banking Sector Liquidity

Forint liquidity of the Hungarian banking sector narrowed in April as a higher mandatory reserve ratio came into effect, the...

OTP Calls Inclusion on ‘Sponsors of War’ List ‘Undeserved’

OTP Bank, Hungary's biggest commercial lender, said its inclusion on a list of "international sponsors of war" by Ukraine's National...

As Green Loans Surge, MNB Launches Eco-Friendly Product Finder

The National Bank of Hungary (MNB) has published a report on the state of green finance in the country, highlighting...

MNB Raises Income Threshold for Upper Payment-to-income Ratio 

The National Bank of Hungary (MNB) on Friday said it decided to raise the income threshold for the upper, 60%...

MBH to Set up Own Investment Bank

MBH Bank will set up its own independent investment bank in September, chairman-CEO Zsolt Barna told journalists on Thursday, according...

Primus Trust to Appeal MNB ‘Mega Fine’

Primus Trust Asset Management Zrt released a statement saying that it categorically rejects the claim of the Hungarian National Bank...

Surplus on External Trade in Goods at EUR 899 mln in March

Hungary's surplus on external trade in goods stood at EUR 899 million in March 2023, with the value of exports...

MNB Justifies ‘Careful’ Approach to Setting O/N Instrument Rates

The Monetary Council of the National Bank of Hungary (MNB) justified a "careful" and "cautious" approach when setting rates on...

OTP Bank Books Q1 Profit of HUF 194.8 bln

OTP Bank, Hungary's biggest commercial lender, had consolidated after-tax profit of HUF 194.8 billion in the first quarter, improving from...

Int’l Reserves at EUR 39.88 bln in April

The international reserves of the National Bank of Hungary (MNB) stood at EUR 39.88 billion at the end of April,...