Finance

Banking

Homebuyers in capital take out HUF 21 mln mortgage, on avg

Homebuyers in the capital who took out mortgages in the first quarter borrowed HUF 21.1 millio, on average, up from...

Banking

OTP requests postponement regarding Uzbek acquisition

OTP has requested a two-to-three month postponement from Uzbekistan in connection with the acquisition of Ipoteka Bank, according to profitline.hu....

Banking

OTP Bank approves HUF 429-per-share dividend

Shareholders of OTP Bank, Hungary's biggest commercial lender, approved the board's proposal to pay a HUF 429.46-per-share dividend on 2019-2021...

Banking

Banking sector forint liquidity falls in March

Forint liquidity of Hungary's banking sector fell in March, reflected by a decline in lenders' one-week deposits with the central...

Trade

Estonia trade deficit widens in Feb

Estonia's trade deficit increased to EUR 309.0 million in February from EUR 70.0 million in the same month last year,...

Debt

ÁKK sells HUF 50 bln of discount 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 50 billion of discount three-month T-bills at auction on Tuesday, in line...

Trade

Slovakia trade balance swings to deficit

Slovakia's trade balance registered a deficit of EUR 258.7 million in February versus a surplus of EUR 496.4 million in...

Banking

Sberbank sells 44% of Croatia’s Fortenova to Hungary’s Indotek

Croatia's largest privately-owned company Fortenova, the successor to the collapsed food-to-retail concern Agrokor, said its biggest shareholder, Russia's top lender...

Banking

Serbia raises interest rates for first time since 2008

The National Bank of Serbia hiked its main interest rate by 50 basis points to 1.5%, the first rise in...

MNB

MNB int’l reserves stand at EUR 36.972 bln

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.972 billion at the end of March, EUR...

Debt

Gen gov’t deficit over HUF 2.309 tln at end-March

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 2.309 tln at the end of March, the Finance...

Ratings

Fitch still sees de-escalation of Hungary-EU tensions

Fitch Ratings on Thursday acknowledged that an election victory by Viktor Orbán's Fidesz-KDNP government on Sunday "extends tensions" with the...

MNB

Monetary Council considered other base rate increments

Members of the Monetary Council of the National Bank of Hungary (MNB) discussed several increments for the base rate rise...

Trade

Slovenia to start LNG imports via Croatia’s Krk terminal in Oct

Slovenia hopes to start natural gas imports through the Krk liquefied natural gas (LNG) terminal in Croatia in October, Slovenian...

Trade

Deficit on external trade in goods amounts to EUR 91 mln in Feb

The value of exports was 18% and that of imports 29% larger in EUR terms in February 2022 than in...

Banking

Homebuyers in capital take out HUF 21 mln mortgage, on avg

Homebuyers in the capital who took out mortgages in the first quarter borrowed HUF 21.1 millio, on average, up from...

Banking

OTP requests postponement regarding Uzbek acquisition

OTP has requested a two-to-three month postponement from Uzbekistan in connection with the acquisition of Ipoteka Bank, according to profitline.hu....

Banking

OTP Bank approves HUF 429-per-share dividend

Shareholders of OTP Bank, Hungary's biggest commercial lender, approved the board's proposal to pay a HUF 429.46-per-share dividend on 2019-2021...

Banking

Banking sector forint liquidity falls in March

Forint liquidity of Hungary's banking sector fell in March, reflected by a decline in lenders' one-week deposits with the central...

Trade

Estonia trade deficit widens in Feb

Estonia's trade deficit increased to EUR 309.0 million in February from EUR 70.0 million in the same month last year,...

Debt

ÁKK sells HUF 50 bln of discount 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 50 billion of discount three-month T-bills at auction on Tuesday, in line...

Trade

Slovakia trade balance swings to deficit

Slovakia's trade balance registered a deficit of EUR 258.7 million in February versus a surplus of EUR 496.4 million in...

Banking

Sberbank sells 44% of Croatia’s Fortenova to Hungary’s Indotek

Croatia's largest privately-owned company Fortenova, the successor to the collapsed food-to-retail concern Agrokor, said its biggest shareholder, Russia's top lender...

Banking

Serbia raises interest rates for first time since 2008

The National Bank of Serbia hiked its main interest rate by 50 basis points to 1.5%, the first rise in...

MNB

MNB int’l reserves stand at EUR 36.972 bln

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.972 billion at the end of March, EUR...

Debt

Gen gov’t deficit over HUF 2.309 tln at end-March

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 2.309 tln at the end of March, the Finance...

Ratings

Fitch still sees de-escalation of Hungary-EU tensions

Fitch Ratings on Thursday acknowledged that an election victory by Viktor Orbán's Fidesz-KDNP government on Sunday "extends tensions" with the...

MNB

Monetary Council considered other base rate increments

Members of the Monetary Council of the National Bank of Hungary (MNB) discussed several increments for the base rate rise...

Trade

Slovenia to start LNG imports via Croatia’s Krk terminal in Oct

Slovenia hopes to start natural gas imports through the Krk liquefied natural gas (LNG) terminal in Croatia in October, Slovenian...

Trade

Deficit on external trade in goods amounts to EUR 91 mln in Feb

The value of exports was 18% and that of imports 29% larger in EUR terms in February 2022 than in...

Homebuyers in capital take out HUF 21 mln mortgage, on avg

Homebuyers in the capital who took out mortgages in the first quarter borrowed HUF 21.1 millio, on average, up from...

OTP requests postponement regarding Uzbek acquisition

OTP has requested a two-to-three month postponement from Uzbekistan in connection with the acquisition of Ipoteka Bank, according to profitline.hu....

OTP Bank approves HUF 429-per-share dividend

Shareholders of OTP Bank, Hungary's biggest commercial lender, approved the board's proposal to pay a HUF 429.46-per-share dividend on 2019-2021...

Banking sector forint liquidity falls in March

Forint liquidity of Hungary's banking sector fell in March, reflected by a decline in lenders' one-week deposits with the central...

Estonia trade deficit widens in Feb

Estonia's trade deficit increased to EUR 309.0 million in February from EUR 70.0 million in the same month last year,...

ÁKK sells HUF 50 bln of discount 3-month T-bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 50 billion of discount three-month T-bills at auction on Tuesday, in line...

Slovakia trade balance swings to deficit

Slovakia's trade balance registered a deficit of EUR 258.7 million in February versus a surplus of EUR 496.4 million in...

Sberbank sells 44% of Croatia’s Fortenova to Hungary’s Indotek

Croatia's largest privately-owned company Fortenova, the successor to the collapsed food-to-retail concern Agrokor, said its biggest shareholder, Russia's top lender...

Serbia raises interest rates for first time since 2008

The National Bank of Serbia hiked its main interest rate by 50 basis points to 1.5%, the first rise in...

MNB int’l reserves stand at EUR 36.972 bln

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.972 billion at the end of March, EUR...

Gen gov’t deficit over HUF 2.309 tln at end-March

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 2.309 tln at the end of March, the Finance...

Fitch still sees de-escalation of Hungary-EU tensions

Fitch Ratings on Thursday acknowledged that an election victory by Viktor Orbán's Fidesz-KDNP government on Sunday "extends tensions" with the...

Monetary Council considered other base rate increments

Members of the Monetary Council of the National Bank of Hungary (MNB) discussed several increments for the base rate rise...

Slovenia to start LNG imports via Croatia’s Krk terminal in Oct

Slovenia hopes to start natural gas imports through the Krk liquefied natural gas (LNG) terminal in Croatia in October, Slovenian...

Deficit on external trade in goods amounts to EUR 91 mln in Feb

The value of exports was 18% and that of imports 29% larger in EUR terms in February 2022 than in...