Finance

Banking

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

MNB

Policymakers raise base rate 50 bp to 3.4%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Debt

Bulgaria c/a gap widens in December

Bulgaria's current account gap widened to EUR 631.2 million in December 2021, from EUR 153.6 million in the same month...

Banking

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

Trade

Albania’s trade gap narrows in Jan

Albania's trade deficit shrank by 7.7% year-on-year in January, to ALL 20 billion (EUR 164.8 million), the statistics office said...

Banking

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Debt

Hungary year-end state debt ratio falls to 78.2%

Hungary's state debt relative to GDP fell to 78.2% at the end of the fourth quarter, state news wire MTI...

Banking

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

Debt

ÁKK sells HUF 86 bln of securities at auction

The Government Debt Management Agency (ÁKK) sold HUF 86 billion of securities at auction on Thursday, HUF 16 bln more...

Banking

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

Banking

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

Banking

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Debt

Poland c/a deficit at record high

Poland's current account shifted to a EUR 3.975 billion deficit in December of 2021 from a EUR 751 million surplus...

MNB

March dates announced for FX swap tenders

The National Bank of Hungary (MNB) yesterday announced dates for FX swap tenders providing euro liquidity and a discount bill...

Banking

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...

Banking

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

MNB

Policymakers raise base rate 50 bp to 3.4%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Debt

Bulgaria c/a gap widens in December

Bulgaria's current account gap widened to EUR 631.2 million in December 2021, from EUR 153.6 million in the same month...

Banking

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

Trade

Albania’s trade gap narrows in Jan

Albania's trade deficit shrank by 7.7% year-on-year in January, to ALL 20 billion (EUR 164.8 million), the statistics office said...

Banking

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Debt

Hungary year-end state debt ratio falls to 78.2%

Hungary's state debt relative to GDP fell to 78.2% at the end of the fourth quarter, state news wire MTI...

Banking

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

Debt

ÁKK sells HUF 86 bln of securities at auction

The Government Debt Management Agency (ÁKK) sold HUF 86 billion of securities at auction on Thursday, HUF 16 bln more...

Banking

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

Banking

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

Banking

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Debt

Poland c/a deficit at record high

Poland's current account shifted to a EUR 3.975 billion deficit in December of 2021 from a EUR 751 million surplus...

MNB

March dates announced for FX swap tenders

The National Bank of Hungary (MNB) yesterday announced dates for FX swap tenders providing euro liquidity and a discount bill...

Banking

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

Policymakers raise base rate 50 bp to 3.4%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Bulgaria c/a gap widens in December

Bulgaria's current account gap widened to EUR 631.2 million in December 2021, from EUR 153.6 million in the same month...

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

Albania’s trade gap narrows in Jan

Albania's trade deficit shrank by 7.7% year-on-year in January, to ALL 20 billion (EUR 164.8 million), the statistics office said...

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Hungary year-end state debt ratio falls to 78.2%

Hungary's state debt relative to GDP fell to 78.2% at the end of the fourth quarter, state news wire MTI...

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

ÁKK sells HUF 86 bln of securities at auction

The Government Debt Management Agency (ÁKK) sold HUF 86 billion of securities at auction on Thursday, HUF 16 bln more...

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Poland c/a deficit at record high

Poland's current account shifted to a EUR 3.975 billion deficit in December of 2021 from a EUR 751 million surplus...

March dates announced for FX swap tenders

The National Bank of Hungary (MNB) yesterday announced dates for FX swap tenders providing euro liquidity and a discount bill...

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...