Finance

MNB

Interbank forint market turnover increases 25% in August

Turnover on the interbank forint market was Ft 3,261.9 billion in August, Ft 802.2 billion more than in July, the...

MNB

Non-bank lenders’ H1 profits rise 18.4%

Non-bank lenders in Hungary recorded combined after-tax profits of Ft 24.225 billion in the first half of 2006, 18.4% more...

MNB

UK debt ”double Europe average”

MNB

Ecuador default threat, Hungary riots unsettle emerging markets

MNB

Finance Ministry forecasts Ft 142.7 bln fiscal deficit for September

The Finance Ministry projects Hungary's general government to post a cash flow-based general government deficit, excluding local councils, of Ft...

Ratings

Fitch assigns ‘BBB+’ rating to Hungarian upcoming Eurobond

Banking

New legislation broadens Customs Office scope to include tax fraud

Legislation in force from Friday increases the scope of Hungary's Customs and Excise Office (VPOP) to investigate economy-related offenses, Finance...

Banking

PM says investments will increase in 2008-2009

Debt

ÁKK buys back bonds worth Ft 14.1 bln at reverse auction

The State Debt Management Center (ÁKK) accepted just Ft 14.1 billion of offers worth Ft 93 billion by primary dealers...

Debt

OTP Bank prices €300 mln 10-year bond at par

OTP Bank Nyrt will issue a 10-year €300 million bond at par and the reoffer price is also the same...

MNB

OJB to launch Ft 300 bln mortgage bond program

OTP Mortgage Bank Zrt (OJB) announced on Tuesday it will launch a Ft 300 billion mortgage-backed bond program....

Ratings

S&P revises Magyar Telekom outlook to negative

MNB

K&H Bank H1 profits fall on rise in risk reserves

K&H Bank Nyrt had IFRS after-tax profit of Ft 7.1 billion in the first half of 2006, 13% less than...

Banking

Tax office finds Ft 203 bln unpaid taxes in January-August audit

Hungary's National Tax Office (Apeh) completed 178,248 audits in January-August and found that taxpayers had failed to pay Ft 203...

MNB

Hungary’s international reserves drop €71 mln in August

Hungary's international reserves decreased €71 million in August, after an €328 million fall in July, preliminary figures released by the...

MNB

Interbank forint market turnover increases 25% in August

Turnover on the interbank forint market was Ft 3,261.9 billion in August, Ft 802.2 billion more than in July, the...

MNB

Non-bank lenders’ H1 profits rise 18.4%

Non-bank lenders in Hungary recorded combined after-tax profits of Ft 24.225 billion in the first half of 2006, 18.4% more...

MNB

UK debt ”double Europe average”

MNB

Ecuador default threat, Hungary riots unsettle emerging markets

MNB

Finance Ministry forecasts Ft 142.7 bln fiscal deficit for September

The Finance Ministry projects Hungary's general government to post a cash flow-based general government deficit, excluding local councils, of Ft...

Ratings

Fitch assigns ‘BBB+’ rating to Hungarian upcoming Eurobond

Banking

New legislation broadens Customs Office scope to include tax fraud

Legislation in force from Friday increases the scope of Hungary's Customs and Excise Office (VPOP) to investigate economy-related offenses, Finance...