Finance

Debt

ÁKK Raises Rates on Inflation-linked Retail Securities

The Government Debt Management Agency (ÁKK) on Friday said rates on its inflation-linked Premium Hungarian Government Security (PMÁP) series will...

MNB

MNB Bonds Soak up Banking Sector Liquidity in December 

Average stock of bonds issued by the National Bank of Hungary (MNB) rose to HUF 700 billion in December from...

Banking

Foreign Ownership in OTP Bank Falls to Around 51%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, fell to around 51% at the end of last year from...

Debt

Gen Gov’t Deficit Reaches HUF 4.753 tln at End-2022 

Hungary's cash flow-based general government balance, excluding local councils, finished 2022 with a deficit of HUF 4.753 trillion, the Finance...

MNB

Financial Market Watchdog Publishes Updated Strategy

The National Bank of Hungary (MNB) on Tuesday published its updated mid-term strategy for oversight of the financial sector, according...

Trade

Hungarian Trade Deficit Hits EUR 1.3 bln in November

Hungary's deficit on external trade in goods reached EUR 1.3 billion in November, according to data published by the Central...

Ratings

Scope Upgrades 4iG Ratings

Scope Ratings has upgraded listed IT company 4iG's issuer rating by one grade to "BB-" (with a "stable" outlook) from...

MNB

Rate-setters Justify ‘Patient Approach’ at Dec Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) acknowledged the agreement reached on the country's European...

MNB

MNB Int’l Reserves Rise EUR 1.184 bln in December

International reserves of the National Bank of Hungary (MNB) stood at EUR 38.706 bln at the end of December, up...

Debt

ÁKK Sells HUF 40 bln of Securities at Auction, as Planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of securities at auction on Thursday, as planned, according to...

Debt

Czechia’s 2022 Budget Ends With Huge Deficit

The Czech Republic's state budget ended 2022 with a deficit of CZK 360.4 billion (EUR 14.97 billion), the third worst...

Banking

Romania’s Lending Growth Slows in November

The value of Romanian banks' outstanding loans to the non-government sector grew 13.2% year-on-year in November, to RON 364.4 billion...

Debt

Hungary State Debt Ratio Falls to 73.5% at End-2022 – Varga 

Hungary's state debt relative to GDP fell to 73.5% at the end of last year from 76.8% at end-2021, Finance...

Banking

Gránit Bank Shareholders Approve HUF 2 bln BDPST Capital Raise

Shareholders of Gránit Bank approved a HUF 2 billion capital raise in the lender by Tiberis Digital, a unit of...

Banking

Companies Make Net Deposits of HUF 569 bln in November

Non-financial companies made net deposits of HUF 569 billion in their accounts at Hungarian banks in November, news agency MTI...

Debt

ÁKK Raises Rates on Inflation-linked Retail Securities

The Government Debt Management Agency (ÁKK) on Friday said rates on its inflation-linked Premium Hungarian Government Security (PMÁP) series will...

MNB

MNB Bonds Soak up Banking Sector Liquidity in December 

Average stock of bonds issued by the National Bank of Hungary (MNB) rose to HUF 700 billion in December from...

Banking

Foreign Ownership in OTP Bank Falls to Around 51%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, fell to around 51% at the end of last year from...

Debt

Gen Gov’t Deficit Reaches HUF 4.753 tln at End-2022 

Hungary's cash flow-based general government balance, excluding local councils, finished 2022 with a deficit of HUF 4.753 trillion, the Finance...

MNB

Financial Market Watchdog Publishes Updated Strategy

The National Bank of Hungary (MNB) on Tuesday published its updated mid-term strategy for oversight of the financial sector, according...

Trade

Hungarian Trade Deficit Hits EUR 1.3 bln in November

Hungary's deficit on external trade in goods reached EUR 1.3 billion in November, according to data published by the Central...

Ratings

Scope Upgrades 4iG Ratings

Scope Ratings has upgraded listed IT company 4iG's issuer rating by one grade to "BB-" (with a "stable" outlook) from...

MNB

Rate-setters Justify ‘Patient Approach’ at Dec Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) acknowledged the agreement reached on the country's European...

MNB

MNB Int’l Reserves Rise EUR 1.184 bln in December

International reserves of the National Bank of Hungary (MNB) stood at EUR 38.706 bln at the end of December, up...

Debt

ÁKK Sells HUF 40 bln of Securities at Auction, as Planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of securities at auction on Thursday, as planned, according to...

Debt

Czechia’s 2022 Budget Ends With Huge Deficit

The Czech Republic's state budget ended 2022 with a deficit of CZK 360.4 billion (EUR 14.97 billion), the third worst...

Banking

Romania’s Lending Growth Slows in November

The value of Romanian banks' outstanding loans to the non-government sector grew 13.2% year-on-year in November, to RON 364.4 billion...

Debt

Hungary State Debt Ratio Falls to 73.5% at End-2022 – Varga 

Hungary's state debt relative to GDP fell to 73.5% at the end of last year from 76.8% at end-2021, Finance...

Banking

Gránit Bank Shareholders Approve HUF 2 bln BDPST Capital Raise

Shareholders of Gránit Bank approved a HUF 2 billion capital raise in the lender by Tiberis Digital, a unit of...

Banking

Companies Make Net Deposits of HUF 569 bln in November

Non-financial companies made net deposits of HUF 569 billion in their accounts at Hungarian banks in November, news agency MTI...

ÁKK Raises Rates on Inflation-linked Retail Securities

The Government Debt Management Agency (ÁKK) on Friday said rates on its inflation-linked Premium Hungarian Government Security (PMÁP) series will...

MNB Bonds Soak up Banking Sector Liquidity in December 

Average stock of bonds issued by the National Bank of Hungary (MNB) rose to HUF 700 billion in December from...

Foreign Ownership in OTP Bank Falls to Around 51%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, fell to around 51% at the end of last year from...

Gen Gov’t Deficit Reaches HUF 4.753 tln at End-2022 

Hungary's cash flow-based general government balance, excluding local councils, finished 2022 with a deficit of HUF 4.753 trillion, the Finance...

Financial Market Watchdog Publishes Updated Strategy

The National Bank of Hungary (MNB) on Tuesday published its updated mid-term strategy for oversight of the financial sector, according...

Hungarian Trade Deficit Hits EUR 1.3 bln in November

Hungary's deficit on external trade in goods reached EUR 1.3 billion in November, according to data published by the Central...

Scope Upgrades 4iG Ratings

Scope Ratings has upgraded listed IT company 4iG's issuer rating by one grade to "BB-" (with a "stable" outlook) from...

Rate-setters Justify ‘Patient Approach’ at Dec Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) acknowledged the agreement reached on the country's European...

MNB Int’l Reserves Rise EUR 1.184 bln in December

International reserves of the National Bank of Hungary (MNB) stood at EUR 38.706 bln at the end of December, up...

ÁKK Sells HUF 40 bln of Securities at Auction, as Planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of securities at auction on Thursday, as planned, according to...

Czechia’s 2022 Budget Ends With Huge Deficit

The Czech Republic's state budget ended 2022 with a deficit of CZK 360.4 billion (EUR 14.97 billion), the third worst...

Romania’s Lending Growth Slows in November

The value of Romanian banks' outstanding loans to the non-government sector grew 13.2% year-on-year in November, to RON 364.4 billion...

Hungary State Debt Ratio Falls to 73.5% at End-2022 – Varga 

Hungary's state debt relative to GDP fell to 73.5% at the end of last year from 76.8% at end-2021, Finance...

Gránit Bank Shareholders Approve HUF 2 bln BDPST Capital Raise

Shareholders of Gránit Bank approved a HUF 2 billion capital raise in the lender by Tiberis Digital, a unit of...

Companies Make Net Deposits of HUF 569 bln in November

Non-financial companies made net deposits of HUF 569 billion in their accounts at Hungarian banks in November, news agency MTI...