Finance

Banking

EBRD Lends EUR 20 mln to OTP Unit in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending a local currency senior loan of up to EUR 20...

Trade

Foreign Minister: U.S. Investments in Hungary Worth HUF 21.5 billion in the Pipeline

Minister of Foreign Affairs and Trade Péter Szijjártó said American companies would make three investments with a combined value of...

Ratings

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

MNB

Varga Urges Banks to Boost Business Lending

Hungarian banks, backed by strong capital adequacy and liquidity, are well positioned to increase lending to local businesses, National Bank...

Banking

EBRD Lends EUR 20 mln to OTP Unit in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending a local currency senior loan of up to EUR 20...

Trade

Foreign Minister: U.S. Investments in Hungary Worth HUF 21.5 billion in the Pipeline

Minister of Foreign Affairs and Trade Péter Szijjártó said American companies would make three investments with a combined value of...

Ratings

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

MNB

Varga Urges Banks to Boost Business Lending

Hungarian banks, backed by strong capital adequacy and liquidity, are well positioned to increase lending to local businesses, National Bank...

EBRD Lends EUR 20 mln to OTP Unit in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending a local currency senior loan of up to EUR 20...

Hungary Posts EUR 121 mln Goods Trade Deficit in November

Hungary recorded a EUR 121 million deficit in external trade in goods in November, as export volumes fell sharply while...

Hungary’s Budget Deficit Narrows Sharply in Q1-Q3 2025

Hungary’s general government deficit stood at 4.2% of GDP in Q3 2025, while the cumulative shortfall for the first three...

Mayor Blames ‘Usurious’ Gov’t for Moody’s Downgrade of Budapest

Moody's recent downgrading Budapest has been "a consequence of the govt's senseless and petty policy of extortion", Mayor Gergely Karácsony...

Moody’s Downgrades Budapest Credit Ratings With Negative Outlook

Moody's on Monday said it downgraded Budapest's baseline credit assessment (BCA) to ba1 from baa3 and long-term foreign and domestic...

Foreign Minister: U.S. Investments in Hungary Worth HUF 21.5 billion in the Pipeline

Minister of Foreign Affairs and Trade Péter Szijjártó said American companies would make three investments with a combined value of...

National Bank of Hungary Lowers Inflation Forecast for 2026

The National Bank of Hungary (MNB) lowered its forecast for 2026 average annual inflation to 3.2% in a report published...

MNB Holds Base Rate at 6.5%, Reaffirms Tight Monetary Stance

The Monetary Council of the National Bank of Hungary (MNB) left the central bank base rate unchanged at 6.5% at...

Gen Gov’t Deficit Reaches Approximately 4.07 tln at End-November

Hungary's general government deficit reached HUF 4.070 trillion at the end of November, 80.5% of the full-year target, the National...

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

Hungary Farm Sector Exports Set to Reach EUR 16 bln by 2030

Hungary's farm sector exports are set to rise from an annual EUR 10 billion to EUR 16 bln by 2030,...

Hungary’s Service Trade Surplus Rises to EUR 3.9 bln in Q3

Hungary posted a EUR 3.9 billion surplus in external trade in services in the Q3 2025, improving by EUR 415...

Poultry Meat Exports Increase, Pork Exports Decline – Report

Poultry meat exports increased while pork exports slightly fell in the first nine months of the year, compared to the...

Varga Urges Banks to Boost Business Lending

Hungarian banks, backed by strong capital adequacy and liquidity, are well positioned to increase lending to local businesses, National Bank...

Banking Sector Stability Indicators Remain Favorable – MNB

The Hungarian banking sector's stability indicators remain favourable, the National Bank of Hungary (MNB) said in a report on Tuesday,...