Finance

Banking

Investment Fund Subscriptions at HUF 295 bln in February

Net subscription of units of Hungarian investment funds reached HUF 295 billion in February, according to monthly data released by...

Debt

ÁKK Sells HUF 87.5 bln of Bonds at Auction

The Government Debt Management Agency (ÁKK) sold HUF 87.5 billion of bonds at auction on Thursday, HUF 42.5 bln over...

Trade

Hungary Trade Surplus Reaches EUR 513 mln in February

Hungary's surplus of the external trade in goods amounted to EUR 513 million in February, according to data released by...

Banking

OTP Board Proposes HUF 300/Share Dividend

The board of OTP Bank, Hungary's biggest commercial lender, will propose payment of a HUF 300-per-share dividend to shareholders at...

Trade

Slovenia Trade Balance Swings to Surplus in February

Slovenia posted a trade surplus of EUR 304.21 million in February, shifting from a deficit of EUR 637.78 million in...

Banking

Households Deposit HUF 106 bln in February

Households made net deposits of HUF 106 billion in their accounts at Hungarian banks in February, after half a year...

Debt

Gen Gov’t Sector Deficit at 6.2% of GDP in 2022

According to preliminary data published by the Central Statistical Office (KSH) the deficit of the general government sector in 2022...

Banking

Raiffeisen Bank Earnings Nearly Double in 2022

After-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 96% to HUF 72.1 billion last year, an earnings report released on...

Debt

ÁKK Sells HUF 33.5 bln of Securities at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 33.5 billion of securities at auction on Thursday, more than planned, according...

Banking

MKB Bank Earnings Climb 27% in 2022

Consolidated after-tax profit of MKB Bank rose 27% to HUF 91.2 billion last year, an earnings report published on Thursday...

Banking

MKB Bank, Takarékbank to Hold Bank Holidays as Merger Finishes

MKB Bank and Takarékbank will hold full and partial bank holidays between April 27 and May 2 as the lenders...

MNB

MNB Monetary Council Leaves Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

MNB

MNB Hosts Meeting Strengthening W. Balkan Central Bank Capacities

The National Bank of Hungary (MNB) hosted the third meeting of coordinators of a European Union-funded program to strengthen the...

Ratings

Fitch Upgrades Romania’s Outlook to Stable

International rating agency Fitch has revised Romania's outlook from negative to stable and affirmed the local currency issuer default ratings...

MNB

Lawmakers Pick Central Bank Policymakers

Legislators voted on the appointments of Éva Búza and Zoltán Kovács as external members of the rate-setting Monetary Council of...

Banking

Investment Fund Subscriptions at HUF 295 bln in February

Net subscription of units of Hungarian investment funds reached HUF 295 billion in February, according to monthly data released by...

Debt

ÁKK Sells HUF 87.5 bln of Bonds at Auction

The Government Debt Management Agency (ÁKK) sold HUF 87.5 billion of bonds at auction on Thursday, HUF 42.5 bln over...

Trade

Hungary Trade Surplus Reaches EUR 513 mln in February

Hungary's surplus of the external trade in goods amounted to EUR 513 million in February, according to data released by...

Banking

OTP Board Proposes HUF 300/Share Dividend

The board of OTP Bank, Hungary's biggest commercial lender, will propose payment of a HUF 300-per-share dividend to shareholders at...

Trade

Slovenia Trade Balance Swings to Surplus in February

Slovenia posted a trade surplus of EUR 304.21 million in February, shifting from a deficit of EUR 637.78 million in...

Banking

Households Deposit HUF 106 bln in February

Households made net deposits of HUF 106 billion in their accounts at Hungarian banks in February, after half a year...

Debt

Gen Gov’t Sector Deficit at 6.2% of GDP in 2022

According to preliminary data published by the Central Statistical Office (KSH) the deficit of the general government sector in 2022...

Banking

Raiffeisen Bank Earnings Nearly Double in 2022

After-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 96% to HUF 72.1 billion last year, an earnings report released on...

Debt

ÁKK Sells HUF 33.5 bln of Securities at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 33.5 billion of securities at auction on Thursday, more than planned, according...

Banking

MKB Bank Earnings Climb 27% in 2022

Consolidated after-tax profit of MKB Bank rose 27% to HUF 91.2 billion last year, an earnings report published on Thursday...

Banking

MKB Bank, Takarékbank to Hold Bank Holidays as Merger Finishes

MKB Bank and Takarékbank will hold full and partial bank holidays between April 27 and May 2 as the lenders...

MNB

MNB Monetary Council Leaves Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

MNB

MNB Hosts Meeting Strengthening W. Balkan Central Bank Capacities

The National Bank of Hungary (MNB) hosted the third meeting of coordinators of a European Union-funded program to strengthen the...

Ratings

Fitch Upgrades Romania’s Outlook to Stable

International rating agency Fitch has revised Romania's outlook from negative to stable and affirmed the local currency issuer default ratings...

MNB

Lawmakers Pick Central Bank Policymakers

Legislators voted on the appointments of Éva Búza and Zoltán Kovács as external members of the rate-setting Monetary Council of...

Investment Fund Subscriptions at HUF 295 bln in February

Net subscription of units of Hungarian investment funds reached HUF 295 billion in February, according to monthly data released by...

ÁKK Sells HUF 87.5 bln of Bonds at Auction

The Government Debt Management Agency (ÁKK) sold HUF 87.5 billion of bonds at auction on Thursday, HUF 42.5 bln over...

Hungary Trade Surplus Reaches EUR 513 mln in February

Hungary's surplus of the external trade in goods amounted to EUR 513 million in February, according to data released by...

OTP Board Proposes HUF 300/Share Dividend

The board of OTP Bank, Hungary's biggest commercial lender, will propose payment of a HUF 300-per-share dividend to shareholders at...

Slovenia Trade Balance Swings to Surplus in February

Slovenia posted a trade surplus of EUR 304.21 million in February, shifting from a deficit of EUR 637.78 million in...

Households Deposit HUF 106 bln in February

Households made net deposits of HUF 106 billion in their accounts at Hungarian banks in February, after half a year...

Gen Gov’t Sector Deficit at 6.2% of GDP in 2022

According to preliminary data published by the Central Statistical Office (KSH) the deficit of the general government sector in 2022...

Raiffeisen Bank Earnings Nearly Double in 2022

After-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 96% to HUF 72.1 billion last year, an earnings report released on...

ÁKK Sells HUF 33.5 bln of Securities at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 33.5 billion of securities at auction on Thursday, more than planned, according...

MKB Bank Earnings Climb 27% in 2022

Consolidated after-tax profit of MKB Bank rose 27% to HUF 91.2 billion last year, an earnings report published on Thursday...

MKB Bank, Takarékbank to Hold Bank Holidays as Merger Finishes

MKB Bank and Takarékbank will hold full and partial bank holidays between April 27 and May 2 as the lenders...

MNB Monetary Council Leaves Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

MNB Hosts Meeting Strengthening W. Balkan Central Bank Capacities

The National Bank of Hungary (MNB) hosted the third meeting of coordinators of a European Union-funded program to strengthen the...

Fitch Upgrades Romania’s Outlook to Stable

International rating agency Fitch has revised Romania's outlook from negative to stable and affirmed the local currency issuer default ratings...

Lawmakers Pick Central Bank Policymakers

Legislators voted on the appointments of Éva Búza and Zoltán Kovács as external members of the rate-setting Monetary Council of...