Finance

Banking

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Banking

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Trade

Slovenia posts trade deficit in Jan

Slovenia swung to a trade gap of EUR 423,030 in January from a surplus of EUR 348.2 million in January...

MNB

MNB raises 1-week deposit rate by 50 bp to 5.85%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 50 bp to 5.85% ahead...

Debt

ÁKK sells HUF 12.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 12.5 billion of bonds maturing in 2030 and 2033 for ones expiring...

Banking

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Banking

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

MNB

MNB’s BGS subscription nearing threshold

The National Bank of Hungary (MNB) has bought HUF 1.509 trillion of corporate securities in the framework of its Bond...

MNB

MNB int’l reserves rise EUR 730 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.246 billion at the end of February, up...

Banking

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Banking

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Banking

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Banking

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

Banking

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Debt

ÁKK sells HUF 45.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45.5 billion of securities at auction on Thursday, HUF 4.5...

Banking

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Banking

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Trade

Slovenia posts trade deficit in Jan

Slovenia swung to a trade gap of EUR 423,030 in January from a surplus of EUR 348.2 million in January...

MNB

MNB raises 1-week deposit rate by 50 bp to 5.85%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 50 bp to 5.85% ahead...

Debt

ÁKK sells HUF 12.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 12.5 billion of bonds maturing in 2030 and 2033 for ones expiring...

Banking

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Banking

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

MNB

MNB’s BGS subscription nearing threshold

The National Bank of Hungary (MNB) has bought HUF 1.509 trillion of corporate securities in the framework of its Bond...

MNB

MNB int’l reserves rise EUR 730 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.246 billion at the end of February, up...

Banking

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Banking

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Banking

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Banking

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

Banking

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Debt

ÁKK sells HUF 45.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45.5 billion of securities at auction on Thursday, HUF 4.5...

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Slovenia posts trade deficit in Jan

Slovenia swung to a trade gap of EUR 423,030 in January from a surplus of EUR 348.2 million in January...

MNB raises 1-week deposit rate by 50 bp to 5.85%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 50 bp to 5.85% ahead...

ÁKK sells HUF 12.5 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 12.5 billion of bonds maturing in 2030 and 2033 for ones expiring...

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

MNB’s BGS subscription nearing threshold

The National Bank of Hungary (MNB) has bought HUF 1.509 trillion of corporate securities in the framework of its Bond...

MNB int’l reserves rise EUR 730 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.246 billion at the end of February, up...

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

ÁKK sells HUF 45.5 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 45.5 billion of securities at auction on Thursday, HUF 4.5...