Finance

Banking

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...

MNB

MNB int’l reserves fall EUR 2.862 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 35.515 billion at the end of January, down...

Banking

Budapest Bank merger into MKB Bank cleared

The National Bank of Hungary (MNB) has cleared the merger of Budapest Bank and Magyar Takarék Bankholding into MKB Bank...

MNB

MNB fines Sopron Bank for regulatory shortfalls

The National Bank of Hungary (MNB) on Friday said it fined Sopron Bank Burgenland HUF 28 million for compliance shortcomings...

Debt

ÁKK sells HUF 26.5 bln in bonds

The Government Debt Management Agency (ÁKK) sold HUF 26.5 billion of bonds maturing in 2029 and 2033 for ones expiring...

Trade

5th month of trade deficits in November

Hungary had a trade deficit for the fifth month in a row in November, the Central Statistical Office (KSH) said...

MNB

Tightening cycle has muted impact on home loan rates

A tightening cycle launched by the National Bank of Hungary (MNB) last summer has had a marked impact on rates...

Trade

Serbia’s trade deficit rises in 2021

Serbia's foreign trade deficit went up 18.3% on the year to EUR 6.98 billion in 2021, the country's statistical office...

Banking

Bond issues lift corporate lending stock in December

Bond subscription accounted for close to two-thirds of the transaction-based increase in Hungarian banks' corporate lending stock in December, state...

Ratings

Fitch affirms Hungary ‘BBB’ rating with stable outlook

Fitch Ratings affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to a report...

Banking

Romania’s annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 479 billion (EUR 97...

MNB

MNB raises 1-week depo rate 30 bp to 4.3%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 30 bp to 4.3% ahead...

Banking

EBRD, EU provide EUR 5 mln to Moldova’s Eximbank for on-lending to MSMEs

The European Bank for Reconstruction and Development and the European Union are jointly lending EUR 5 million to Moldova's Eximbank...

MNB

Policymakers raise base rate 50 bp to 2.9%

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

Banking

Financial Arbitration Board allows online submissions from Jan

The Financial Arbitration Board (FAB), a body established 10 years ago by the National Bank of Hungary (MNB) to resolve...

Banking

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...

MNB

MNB int’l reserves fall EUR 2.862 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 35.515 billion at the end of January, down...

Banking

Budapest Bank merger into MKB Bank cleared

The National Bank of Hungary (MNB) has cleared the merger of Budapest Bank and Magyar Takarék Bankholding into MKB Bank...

MNB

MNB fines Sopron Bank for regulatory shortfalls

The National Bank of Hungary (MNB) on Friday said it fined Sopron Bank Burgenland HUF 28 million for compliance shortcomings...

Debt

ÁKK sells HUF 26.5 bln in bonds

The Government Debt Management Agency (ÁKK) sold HUF 26.5 billion of bonds maturing in 2029 and 2033 for ones expiring...

Trade

5th month of trade deficits in November

Hungary had a trade deficit for the fifth month in a row in November, the Central Statistical Office (KSH) said...

MNB

Tightening cycle has muted impact on home loan rates

A tightening cycle launched by the National Bank of Hungary (MNB) last summer has had a marked impact on rates...

Trade

Serbia’s trade deficit rises in 2021

Serbia's foreign trade deficit went up 18.3% on the year to EUR 6.98 billion in 2021, the country's statistical office...

Banking

Bond issues lift corporate lending stock in December

Bond subscription accounted for close to two-thirds of the transaction-based increase in Hungarian banks' corporate lending stock in December, state...

Ratings

Fitch affirms Hungary ‘BBB’ rating with stable outlook

Fitch Ratings affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to a report...

Banking

Romania’s annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 479 billion (EUR 97...

MNB

MNB raises 1-week depo rate 30 bp to 4.3%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 30 bp to 4.3% ahead...

Banking

EBRD, EU provide EUR 5 mln to Moldova’s Eximbank for on-lending to MSMEs

The European Bank for Reconstruction and Development and the European Union are jointly lending EUR 5 million to Moldova's Eximbank...

MNB

Policymakers raise base rate 50 bp to 2.9%

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

Banking

Financial Arbitration Board allows online submissions from Jan

The Financial Arbitration Board (FAB), a body established 10 years ago by the National Bank of Hungary (MNB) to resolve...

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...

MNB int’l reserves fall EUR 2.862 bln in January

International reserves of the National Bank of Hungary (MNB) stood at EUR 35.515 billion at the end of January, down...

Budapest Bank merger into MKB Bank cleared

The National Bank of Hungary (MNB) has cleared the merger of Budapest Bank and Magyar Takarék Bankholding into MKB Bank...

MNB fines Sopron Bank for regulatory shortfalls

The National Bank of Hungary (MNB) on Friday said it fined Sopron Bank Burgenland HUF 28 million for compliance shortcomings...

ÁKK sells HUF 26.5 bln in bonds

The Government Debt Management Agency (ÁKK) sold HUF 26.5 billion of bonds maturing in 2029 and 2033 for ones expiring...

5th month of trade deficits in November

Hungary had a trade deficit for the fifth month in a row in November, the Central Statistical Office (KSH) said...

Tightening cycle has muted impact on home loan rates

A tightening cycle launched by the National Bank of Hungary (MNB) last summer has had a marked impact on rates...

Serbia’s trade deficit rises in 2021

Serbia's foreign trade deficit went up 18.3% on the year to EUR 6.98 billion in 2021, the country's statistical office...

Bond issues lift corporate lending stock in December

Bond subscription accounted for close to two-thirds of the transaction-based increase in Hungarian banks' corporate lending stock in December, state...

Fitch affirms Hungary ‘BBB’ rating with stable outlook

Fitch Ratings affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, according to a report...

Romania’s annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 479 billion (EUR 97...

MNB raises 1-week depo rate 30 bp to 4.3%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 30 bp to 4.3% ahead...

EBRD, EU provide EUR 5 mln to Moldova’s Eximbank for on-lending to MSMEs

The European Bank for Reconstruction and Development and the European Union are jointly lending EUR 5 million to Moldova's Eximbank...

Policymakers raise base rate 50 bp to 2.9%

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

Financial Arbitration Board allows online submissions from Jan

The Financial Arbitration Board (FAB), a body established 10 years ago by the National Bank of Hungary (MNB) to resolve...