Finance

MNB

Policymakers raise base rate 100 bp to 4.4%

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

Debt

Bulgaria c/a switches to deficit in January

Bulgaria current account switched to a deficit of EUR 433 million in January compared to a surplus of EUR 39.2...

MNB

MNB prepares climate-related financial disclosure

The National Bank of Hungary (MNB) is among the first central banks and domestic financial institutions to publish its Climate-related...

Ratings

Moody’s downgrades International Investment Bank to ‘Junk’ status

Moody's Investors Service has downgraded the Budapest-based International Investment Bank's (IIB) long-term issuer and senior unsecured debt ratings to "Ba1"...

Debt

Romanian foreign debt rises January

Romania's foreign debt increased to EUR 137 billion at the end of January from EUR 134 bln at the end...

Debt

Czechs indebted themselves at record rate in 2021

The total debt held by Czech households rose by a record CZK 365 billion (some EUR 14.79 bln) in 2021...

MNB

MNB leaves 1-week deposit rate on hold

The National Bank of Hungary (MNB) left the rate for its one-week deposit facility on hold at 5.85% ahead of...

Debt

ÁKK sells HUF 30 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Wednesday, in line...

Banking

Banking sector forint liquidity grows in February

Forint liquidity of Hungary's banking sector rose in February, reflected by an increase in lenders' one-week deposits with the central...

Trade

Deficit on external trade in goods amounts at EUR 196 mln in Jan

The deficit on external trade in goods stood at EUR 196 million in January, with the value of imports growing...

Banking

Banking on best practices to improve customer service, satisfaction

Giacomo Volpi has been deputy CEO at UniCredit Bank Hungary since June 2021. In this exclusive interview, he speaks with...

Banking

Banks’ retail loan portfolio expanded 15.2%

Hungarian banks' retail loan portfolio expanded 15.2%, or HUF 1.231 trillion, last year, supported by outlays of credit for homes...

Banking

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Banking

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Trade

Czech trade surplus declines in January

The Czech Republic's trade surplus decreased to CZK 6.159 billion (some EUR 244 million) in January from CZK 24.796 billion...

MNB

Policymakers raise base rate 100 bp to 4.4%

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

Debt

Bulgaria c/a switches to deficit in January

Bulgaria current account switched to a deficit of EUR 433 million in January compared to a surplus of EUR 39.2...

MNB

MNB prepares climate-related financial disclosure

The National Bank of Hungary (MNB) is among the first central banks and domestic financial institutions to publish its Climate-related...

Ratings

Moody’s downgrades International Investment Bank to ‘Junk’ status

Moody's Investors Service has downgraded the Budapest-based International Investment Bank's (IIB) long-term issuer and senior unsecured debt ratings to "Ba1"...

Debt

Romanian foreign debt rises January

Romania's foreign debt increased to EUR 137 billion at the end of January from EUR 134 bln at the end...

Debt

Czechs indebted themselves at record rate in 2021

The total debt held by Czech households rose by a record CZK 365 billion (some EUR 14.79 bln) in 2021...

MNB

MNB leaves 1-week deposit rate on hold

The National Bank of Hungary (MNB) left the rate for its one-week deposit facility on hold at 5.85% ahead of...

Debt

ÁKK sells HUF 30 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Wednesday, in line...

Banking

Banking sector forint liquidity grows in February

Forint liquidity of Hungary's banking sector rose in February, reflected by an increase in lenders' one-week deposits with the central...

Trade

Deficit on external trade in goods amounts at EUR 196 mln in Jan

The deficit on external trade in goods stood at EUR 196 million in January, with the value of imports growing...

Banking

Banking on best practices to improve customer service, satisfaction

Giacomo Volpi has been deputy CEO at UniCredit Bank Hungary since June 2021. In this exclusive interview, he speaks with...

Banking

Banks’ retail loan portfolio expanded 15.2%

Hungarian banks' retail loan portfolio expanded 15.2%, or HUF 1.231 trillion, last year, supported by outlays of credit for homes...

Banking

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Banking

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Trade

Czech trade surplus declines in January

The Czech Republic's trade surplus decreased to CZK 6.159 billion (some EUR 244 million) in January from CZK 24.796 billion...

Policymakers raise base rate 100 bp to 4.4%

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

Bulgaria c/a switches to deficit in January

Bulgaria current account switched to a deficit of EUR 433 million in January compared to a surplus of EUR 39.2...

MNB prepares climate-related financial disclosure

The National Bank of Hungary (MNB) is among the first central banks and domestic financial institutions to publish its Climate-related...

Moody’s downgrades International Investment Bank to ‘Junk’ status

Moody's Investors Service has downgraded the Budapest-based International Investment Bank's (IIB) long-term issuer and senior unsecured debt ratings to "Ba1"...

Romanian foreign debt rises January

Romania's foreign debt increased to EUR 137 billion at the end of January from EUR 134 bln at the end...

Czechs indebted themselves at record rate in 2021

The total debt held by Czech households rose by a record CZK 365 billion (some EUR 14.79 bln) in 2021...

MNB leaves 1-week deposit rate on hold

The National Bank of Hungary (MNB) left the rate for its one-week deposit facility on hold at 5.85% ahead of...

ÁKK sells HUF 30 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Wednesday, in line...

Banking sector forint liquidity grows in February

Forint liquidity of Hungary's banking sector rose in February, reflected by an increase in lenders' one-week deposits with the central...

Deficit on external trade in goods amounts at EUR 196 mln in Jan

The deficit on external trade in goods stood at EUR 196 million in January, with the value of imports growing...

Banking on best practices to improve customer service, satisfaction

Giacomo Volpi has been deputy CEO at UniCredit Bank Hungary since June 2021. In this exclusive interview, he speaks with...

Banks’ retail loan portfolio expanded 15.2%

Hungarian banks' retail loan portfolio expanded 15.2%, or HUF 1.231 trillion, last year, supported by outlays of credit for homes...

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Czech trade surplus declines in January

The Czech Republic's trade surplus decreased to CZK 6.159 billion (some EUR 244 million) in January from CZK 24.796 billion...