Finance

Banking

Hungary Leasing Market Records Double-digit Expansion in 2022

New lease contract value rose 18% to HUF 859 billion in Hungary last year, Hungarian Leasing Association board member Katalin...

Ratings

Scope Ratings Affirms B+/Stable Issuer Rating for Wingholding

Scope Ratings, following its review, has affirmed the B+/Stable issuer rating for Wingholding, and it has also affirmed the senior...

Banking

Nova KBM Acquisition Makes OTP Market Leader in Slovenia

With the recently closed acquisition of Nova KBM, OTP Bank's market share in Slovenia will rise to around 30%, making...

Banking

OTP Issues USD 650 mln Bond

OTP Bank, Hungary's biggest commercial lender, announced the issue of a USD 650 million bond on international markets on Thursday,...

Debt

ÁKK Sells HUF 95.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 95.5 billion of bonds at auction on Thursday, HUF 35.5 bln more...

Trade

Slovakia Posts Largest Trade Deficit on Record

Slovakia's trade deficit widened sharply to EUR 1,250.3 million in December from EUR 214.6 million in the same month a...

Banking

Deloitte: CEE Banking Markets Remain Stable

The Central and Eastern European banking market has remained remarkably stable despite the challenges faced by the region's economies, including...

MNB

Rate-setters Augur Faster Disinflation in Q2 – Minutes

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that disinflation would speed up in the...

Debt

Gen Gov’t Finishes January Close to HUF 144 bln in the Red

Hungary's cash flow-based general government, excluding local councils, finished January with a HUF 143.6 bln deficit, preliminary data released by...

Trade

Hungary’s Trade Deficit Narrows in December

Hungary's deficit of external trade in goods narrowed to EUR 154 million in December 2022, according to data published by...

Banking

Watchdog Clears Final Step of Magyar Bankholding Tie-up

The National Bank of Hungary (MNB) has approved the merger of MKB Bank and Takarékbank, set to take place on...

MNB

MNB Int’l Reserves Climb EUR 1.553 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 40.261 billion at the end of January, up...

Debt

ÁKK Auctions off HUF 46 bln of Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 46 billion of securities at auction on Thursday, HUF 11...

Trade

EUR 1.4 bln Trade Deficit in November

Hungary had a EUR 1.415 billion trade deficit in November, according to a second reading of data released yesterday by...

Banking

Loan Officers Survey Indicates Increased Caution

A quarterly survey of loan officers by the National Bank of Hungary (MNB) shows lenders, as well as borrowers, are...

Banking

Hungary Leasing Market Records Double-digit Expansion in 2022

New lease contract value rose 18% to HUF 859 billion in Hungary last year, Hungarian Leasing Association board member Katalin...

Ratings

Scope Ratings Affirms B+/Stable Issuer Rating for Wingholding

Scope Ratings, following its review, has affirmed the B+/Stable issuer rating for Wingholding, and it has also affirmed the senior...

Banking

Nova KBM Acquisition Makes OTP Market Leader in Slovenia

With the recently closed acquisition of Nova KBM, OTP Bank's market share in Slovenia will rise to around 30%, making...

Banking

OTP Issues USD 650 mln Bond

OTP Bank, Hungary's biggest commercial lender, announced the issue of a USD 650 million bond on international markets on Thursday,...

Debt

ÁKK Sells HUF 95.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 95.5 billion of bonds at auction on Thursday, HUF 35.5 bln more...

Trade

Slovakia Posts Largest Trade Deficit on Record

Slovakia's trade deficit widened sharply to EUR 1,250.3 million in December from EUR 214.6 million in the same month a...

Banking

Deloitte: CEE Banking Markets Remain Stable

The Central and Eastern European banking market has remained remarkably stable despite the challenges faced by the region's economies, including...

MNB

Rate-setters Augur Faster Disinflation in Q2 – Minutes

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that disinflation would speed up in the...

Debt

Gen Gov’t Finishes January Close to HUF 144 bln in the Red

Hungary's cash flow-based general government, excluding local councils, finished January with a HUF 143.6 bln deficit, preliminary data released by...

Trade

Hungary’s Trade Deficit Narrows in December

Hungary's deficit of external trade in goods narrowed to EUR 154 million in December 2022, according to data published by...

Banking

Watchdog Clears Final Step of Magyar Bankholding Tie-up

The National Bank of Hungary (MNB) has approved the merger of MKB Bank and Takarékbank, set to take place on...

MNB

MNB Int’l Reserves Climb EUR 1.553 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 40.261 billion at the end of January, up...

Debt

ÁKK Auctions off HUF 46 bln of Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 46 billion of securities at auction on Thursday, HUF 11...

Trade

EUR 1.4 bln Trade Deficit in November

Hungary had a EUR 1.415 billion trade deficit in November, according to a second reading of data released yesterday by...

Banking

Loan Officers Survey Indicates Increased Caution

A quarterly survey of loan officers by the National Bank of Hungary (MNB) shows lenders, as well as borrowers, are...

Hungary Leasing Market Records Double-digit Expansion in 2022

New lease contract value rose 18% to HUF 859 billion in Hungary last year, Hungarian Leasing Association board member Katalin...

Scope Ratings Affirms B+/Stable Issuer Rating for Wingholding

Scope Ratings, following its review, has affirmed the B+/Stable issuer rating for Wingholding, and it has also affirmed the senior...

Nova KBM Acquisition Makes OTP Market Leader in Slovenia

With the recently closed acquisition of Nova KBM, OTP Bank's market share in Slovenia will rise to around 30%, making...

OTP Issues USD 650 mln Bond

OTP Bank, Hungary's biggest commercial lender, announced the issue of a USD 650 million bond on international markets on Thursday,...

ÁKK Sells HUF 95.5 bln of Bonds at Auction, Over Plan

The Government Debt Management Agency (ÁKK) sold HUF 95.5 billion of bonds at auction on Thursday, HUF 35.5 bln more...

Slovakia Posts Largest Trade Deficit on Record

Slovakia's trade deficit widened sharply to EUR 1,250.3 million in December from EUR 214.6 million in the same month a...

Deloitte: CEE Banking Markets Remain Stable

The Central and Eastern European banking market has remained remarkably stable despite the challenges faced by the region's economies, including...

Rate-setters Augur Faster Disinflation in Q2 – Minutes

Members of the Monetary Council of the National Bank of Hungary (MNB) agreed that disinflation would speed up in the...

Gen Gov’t Finishes January Close to HUF 144 bln in the Red

Hungary's cash flow-based general government, excluding local councils, finished January with a HUF 143.6 bln deficit, preliminary data released by...

Hungary’s Trade Deficit Narrows in December

Hungary's deficit of external trade in goods narrowed to EUR 154 million in December 2022, according to data published by...

Watchdog Clears Final Step of Magyar Bankholding Tie-up

The National Bank of Hungary (MNB) has approved the merger of MKB Bank and Takarékbank, set to take place on...

MNB Int’l Reserves Climb EUR 1.553 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 40.261 billion at the end of January, up...

ÁKK Auctions off HUF 46 bln of Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 46 billion of securities at auction on Thursday, HUF 11...

EUR 1.4 bln Trade Deficit in November

Hungary had a EUR 1.415 billion trade deficit in November, according to a second reading of data released yesterday by...

Loan Officers Survey Indicates Increased Caution

A quarterly survey of loan officers by the National Bank of Hungary (MNB) shows lenders, as well as borrowers, are...