Finance

Banking

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Banking

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

MNB

MNB commitment to price stability undoubted, says dep gov

In the current extraordinary environment, only decisive, credible monetary policy, based on a step-by-step approach, can lead to success, and...

Debt

ÁKK sells HUF 38.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 38.5 billion of bonds at auction on Thursday, over the plan, according...

MNB

MNB raises 1-week deposit rate by 100 bp to 10.75%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 100 bp to 10.75% ahead...

Banking

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

Debt

ÁKK buys back HUF 27.3 bln of bonds at auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 27.3 billion of bonds before maturity at a repurchase...

MNB

MNB raises base rate by 100 bp to 10.75%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 100 bp to...

MNB

Pallas Athene Foundation assets close to HUF 281 bln

Assets of the National Bank of Hungary's Pallas Athene Foundation reached HUF 281.2 billion at the end of the second...

Ratings

Varga welcomes Fitch affirmation of investment grade rating

Finance Minister Mihály Varga welcomed Fitch Ratings' affirmation of Hungary's investment grade 'BBB' rating at a scheduled review on Friday,...

Ratings

Fitch affirms Hungary ‘BBB’ rating with a stable outlook

Fitch Ratings on Friday affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to...

Debt

ÁKK sells HUF 22.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of securities at auction on Thursday, under the...

MNB

MNB augurs improvement in external balance indicators from 2023

The National Bank of Hungary (MNB) attributed a continuing decline in Hungary's external balance indicators to a worsening trade balance...

Banking

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...

MNB

MNB cautions Revolut clients in Hungary

The National Bank of Hungary (MNB) on Tuesday repeated a warning concerning the lack of local deposit insurance and legal...

Banking

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Banking

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

MNB

MNB commitment to price stability undoubted, says dep gov

In the current extraordinary environment, only decisive, credible monetary policy, based on a step-by-step approach, can lead to success, and...

Debt

ÁKK sells HUF 38.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 38.5 billion of bonds at auction on Thursday, over the plan, according...

MNB

MNB raises 1-week deposit rate by 100 bp to 10.75%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 100 bp to 10.75% ahead...

Banking

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

Debt

ÁKK buys back HUF 27.3 bln of bonds at auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 27.3 billion of bonds before maturity at a repurchase...

MNB

MNB raises base rate by 100 bp to 10.75%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 100 bp to...

MNB

Pallas Athene Foundation assets close to HUF 281 bln

Assets of the National Bank of Hungary's Pallas Athene Foundation reached HUF 281.2 billion at the end of the second...

Ratings

Varga welcomes Fitch affirmation of investment grade rating

Finance Minister Mihály Varga welcomed Fitch Ratings' affirmation of Hungary's investment grade 'BBB' rating at a scheduled review on Friday,...

Ratings

Fitch affirms Hungary ‘BBB’ rating with a stable outlook

Fitch Ratings on Friday affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to...

Debt

ÁKK sells HUF 22.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of securities at auction on Thursday, under the...

MNB

MNB augurs improvement in external balance indicators from 2023

The National Bank of Hungary (MNB) attributed a continuing decline in Hungary's external balance indicators to a worsening trade balance...

Banking

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...

MNB

MNB cautions Revolut clients in Hungary

The National Bank of Hungary (MNB) on Tuesday repeated a warning concerning the lack of local deposit insurance and legal...

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

MNB commitment to price stability undoubted, says dep gov

In the current extraordinary environment, only decisive, credible monetary policy, based on a step-by-step approach, can lead to success, and...

ÁKK sells HUF 38.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 38.5 billion of bonds at auction on Thursday, over the plan, according...

MNB raises 1-week deposit rate by 100 bp to 10.75%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 100 bp to 10.75% ahead...

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

ÁKK buys back HUF 27.3 bln of bonds at auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 27.3 billion of bonds before maturity at a repurchase...

MNB raises base rate by 100 bp to 10.75%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 100 bp to...

Pallas Athene Foundation assets close to HUF 281 bln

Assets of the National Bank of Hungary's Pallas Athene Foundation reached HUF 281.2 billion at the end of the second...

Varga welcomes Fitch affirmation of investment grade rating

Finance Minister Mihály Varga welcomed Fitch Ratings' affirmation of Hungary's investment grade 'BBB' rating at a scheduled review on Friday,...

Fitch affirms Hungary ‘BBB’ rating with a stable outlook

Fitch Ratings on Friday affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to...

ÁKK sells HUF 22.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of securities at auction on Thursday, under the...

MNB augurs improvement in external balance indicators from 2023

The National Bank of Hungary (MNB) attributed a continuing decline in Hungary's external balance indicators to a worsening trade balance...

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...

MNB cautions Revolut clients in Hungary

The National Bank of Hungary (MNB) on Tuesday repeated a warning concerning the lack of local deposit insurance and legal...