Finance

Debt

ÁKK sells HUF 10 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 10 billion of bonds maturing in 2033 for ones expiring in 2023...

Banking

Raiffeisen Bank inaugurates bigger service center in Nyíregyháza

Austrian-owned Raiffeisen Bank inaugurated a new office building to accommodate the more than 400 staff at its service center in...

Debt

ÁKK at 64% of annual issue plan

The Government Debt Management Agency (ÁKK) has said it reached 64% of its annual issue plan by the end of...

Debt

ÁKK auctions off HUF 15 bln of 3-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking

Transactions lift corporate lending stock in May

Non-financial companies were net borrowers to the tune of HUF 75 billion in May, but withdrew net HUF 27 bln...

Banking

Households continue to make net withdrawals in May

Households withdrew a net HUF 149 billion from their bank accounts in May, three months after a tax rebate for...

Debt

Hungary gen gov’t deficit reaches HUF 739 bln in Q1

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

MNB

MNB expects inflation to peak in the fall

The National Bank of Hungary (MNB) said it expects inflation to peak in the fall months and then start to...

Banking

EBRD and ProCredit promote energy efficiency in Albania

The European Bank for Reconstruction and Development is stepping up efforts to improve energy efficiency in Albania with a EUR...

Banking

40,000 take out HUF 140 bln in ‘consumer-friendly’ personal loans

Nearly 40,000 customers have signed contracts for HUF 140 billion of fixed-rate personal loans certified "consumer-friendly" by the National Bank...

Banking

Over 80,000 retail clients still avail of repayment moratorium

In April around 82,000 retail clients were still participating in a conditional repayment moratorium in force from November 1, the...

MNB

MNB base rate could climb above 10%, City analysts say

According to the significantly revised forecasts of London-based emerging markets analysts, the base rate of the National Bank of Hungary...

Banking

Romania’s annual bank deposits growth in May

The deposits of the non-governmental sector in Romanian banks grew 10.4% year-on-year to RON 481 billion (EUR 97 billion) in...

MNB

Policymakers raise base rate 185 bp to 7.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 185...

Banking

Diákhitel raises rate on general-purpose student loans to 4.99%

State-owned student loan provider Diákhitel on Monday said the interest rate on its free-purpose loans will rise to 4.99% from...

Debt

ÁKK sells HUF 10 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 10 billion of bonds maturing in 2033 for ones expiring in 2023...

Banking

Raiffeisen Bank inaugurates bigger service center in Nyíregyháza

Austrian-owned Raiffeisen Bank inaugurated a new office building to accommodate the more than 400 staff at its service center in...

Debt

ÁKK at 64% of annual issue plan

The Government Debt Management Agency (ÁKK) has said it reached 64% of its annual issue plan by the end of...

Debt

ÁKK auctions off HUF 15 bln of 3-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking

Transactions lift corporate lending stock in May

Non-financial companies were net borrowers to the tune of HUF 75 billion in May, but withdrew net HUF 27 bln...

Banking

Households continue to make net withdrawals in May

Households withdrew a net HUF 149 billion from their bank accounts in May, three months after a tax rebate for...

Debt

Hungary gen gov’t deficit reaches HUF 739 bln in Q1

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

MNB

MNB expects inflation to peak in the fall

The National Bank of Hungary (MNB) said it expects inflation to peak in the fall months and then start to...

Banking

EBRD and ProCredit promote energy efficiency in Albania

The European Bank for Reconstruction and Development is stepping up efforts to improve energy efficiency in Albania with a EUR...

Banking

40,000 take out HUF 140 bln in ‘consumer-friendly’ personal loans

Nearly 40,000 customers have signed contracts for HUF 140 billion of fixed-rate personal loans certified "consumer-friendly" by the National Bank...

Banking

Over 80,000 retail clients still avail of repayment moratorium

In April around 82,000 retail clients were still participating in a conditional repayment moratorium in force from November 1, the...

MNB

MNB base rate could climb above 10%, City analysts say

According to the significantly revised forecasts of London-based emerging markets analysts, the base rate of the National Bank of Hungary...

Banking

Romania’s annual bank deposits growth in May

The deposits of the non-governmental sector in Romanian banks grew 10.4% year-on-year to RON 481 billion (EUR 97 billion) in...

MNB

Policymakers raise base rate 185 bp to 7.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 185...

Banking

Diákhitel raises rate on general-purpose student loans to 4.99%

State-owned student loan provider Diákhitel on Monday said the interest rate on its free-purpose loans will rise to 4.99% from...

ÁKK sells HUF 10 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 10 billion of bonds maturing in 2033 for ones expiring in 2023...

Raiffeisen Bank inaugurates bigger service center in Nyíregyháza

Austrian-owned Raiffeisen Bank inaugurated a new office building to accommodate the more than 400 staff at its service center in...

ÁKK at 64% of annual issue plan

The Government Debt Management Agency (ÁKK) has said it reached 64% of its annual issue plan by the end of...

ÁKK auctions off HUF 15 bln of 3-month T-bills

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Transactions lift corporate lending stock in May

Non-financial companies were net borrowers to the tune of HUF 75 billion in May, but withdrew net HUF 27 bln...

Households continue to make net withdrawals in May

Households withdrew a net HUF 149 billion from their bank accounts in May, three months after a tax rebate for...

Hungary gen gov’t deficit reaches HUF 739 bln in Q1

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

MNB expects inflation to peak in the fall

The National Bank of Hungary (MNB) said it expects inflation to peak in the fall months and then start to...

EBRD and ProCredit promote energy efficiency in Albania

The European Bank for Reconstruction and Development is stepping up efforts to improve energy efficiency in Albania with a EUR...

40,000 take out HUF 140 bln in ‘consumer-friendly’ personal loans

Nearly 40,000 customers have signed contracts for HUF 140 billion of fixed-rate personal loans certified "consumer-friendly" by the National Bank...

Over 80,000 retail clients still avail of repayment moratorium

In April around 82,000 retail clients were still participating in a conditional repayment moratorium in force from November 1, the...

MNB base rate could climb above 10%, City analysts say

According to the significantly revised forecasts of London-based emerging markets analysts, the base rate of the National Bank of Hungary...

Romania’s annual bank deposits growth in May

The deposits of the non-governmental sector in Romanian banks grew 10.4% year-on-year to RON 481 billion (EUR 97 billion) in...

Policymakers raise base rate 185 bp to 7.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 185...

Diákhitel raises rate on general-purpose student loans to 4.99%

State-owned student loan provider Diákhitel on Monday said the interest rate on its free-purpose loans will rise to 4.99% from...