Finance

Debt

State debt ratio target achievable – State Audit Office

The state debt ratio targeted for this year is achievable based on the data available by November so the debt...

MNB

National Bank’s Inflation Battle Continues Apace

The National Bank of Hungary (MNB) is continuing its fight against rising inflation expectations by maintaining its tightening cycle and...

Banking

Banking assoc doesn’t support mortgage rate freeze

The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates,...

MNB

MNB raises 1-week depo rate by 20 bp to 3.8%

The National Bank of Hungary (MNB) announced a rate of 3.8% for its one-week deposit facility ahead of a tender...

MNB

MNB buys HUF 10 bln of gov’t bonds in last week of QE program

The National Bank of Hungary (MNB) bought HUF 10 billion of government securities in the last week of a quantitative...

Banking

OTP Bank closes int’l bond transactions successfully

OTP participated in two successful international bond transactions in November. As part of a syndicate of dominant investment banks in...

Debt

Slovenia c/a surplus shrinks in Jan-Oct

Slovenia's current account surplus fell to EUR 1.9 billion in the first ten months of 2021, from EUR 3 billion...

Trade

HEPA starting ‘Fit for Export’ program

The Hungarian Export Promotion Agency (HEPA) will start its "Fit for Export" program, helping micro-, small- and medium-sized enterprises to...

MNB

MNB signs cooperation deal with Budapest, Warsaw bourses

The National Bank of Hungary (MNB) has signed a cooperation agreement with the Budapest Stock Exchange and the Warsaw Stock...

Debt

ÁKK publishes 2022 financing plan

Hungary will issue net HUF 2.663 trillion of government securities next year to cover a HUF 3.153 tln central budget...

Banking

Erste Bank Hungary acquires Commerzbank Zrt

Erste Bank Hungary has agreed to acquire 100% of Commerzbank's local corporate banking subsidiary Commerzbank Zrt, Austria's Erste Group said...

Debt

Varga cuts 2022 deficit target to 4.9% of GDP

Finance Minister Mihály Varga on Friday said next year's general government deficit target can be reduced to 4.9% of GDP...

Trade

Railway JV aims to increase trade with China

Hungarian-owned CER Cargo Holding SE, Russian-owned RZDL Europe Kft., and the Hungarian unit of Austria's Rail Cargo Group, Rail Cargo...

MNB

MNB likely to allow lenders to pay dividend from January

The National Bank of Hungary will "most likely" allow lenders to start paying dividend again from January, deputy-governor Csaba Kandrács...

Ratings

Moody’s upgrades Budapest Bank, MKB Bank deposit ratings

Moody's Investors Service on Thursday said it upgraded the long-term local and foreign currency deposit ratings of Budapest Bank and...

Debt

State debt ratio target achievable – State Audit Office

The state debt ratio targeted for this year is achievable based on the data available by November so the debt...

MNB

National Bank’s Inflation Battle Continues Apace

The National Bank of Hungary (MNB) is continuing its fight against rising inflation expectations by maintaining its tightening cycle and...

Banking

Banking assoc doesn’t support mortgage rate freeze

The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates,...

MNB

MNB raises 1-week depo rate by 20 bp to 3.8%

The National Bank of Hungary (MNB) announced a rate of 3.8% for its one-week deposit facility ahead of a tender...

MNB

MNB buys HUF 10 bln of gov’t bonds in last week of QE program

The National Bank of Hungary (MNB) bought HUF 10 billion of government securities in the last week of a quantitative...

Banking

OTP Bank closes int’l bond transactions successfully

OTP participated in two successful international bond transactions in November. As part of a syndicate of dominant investment banks in...

Debt

Slovenia c/a surplus shrinks in Jan-Oct

Slovenia's current account surplus fell to EUR 1.9 billion in the first ten months of 2021, from EUR 3 billion...

Trade

HEPA starting ‘Fit for Export’ program

The Hungarian Export Promotion Agency (HEPA) will start its "Fit for Export" program, helping micro-, small- and medium-sized enterprises to...

MNB

MNB signs cooperation deal with Budapest, Warsaw bourses

The National Bank of Hungary (MNB) has signed a cooperation agreement with the Budapest Stock Exchange and the Warsaw Stock...

Debt

ÁKK publishes 2022 financing plan

Hungary will issue net HUF 2.663 trillion of government securities next year to cover a HUF 3.153 tln central budget...

Banking

Erste Bank Hungary acquires Commerzbank Zrt

Erste Bank Hungary has agreed to acquire 100% of Commerzbank's local corporate banking subsidiary Commerzbank Zrt, Austria's Erste Group said...

Debt

Varga cuts 2022 deficit target to 4.9% of GDP

Finance Minister Mihály Varga on Friday said next year's general government deficit target can be reduced to 4.9% of GDP...

Trade

Railway JV aims to increase trade with China

Hungarian-owned CER Cargo Holding SE, Russian-owned RZDL Europe Kft., and the Hungarian unit of Austria's Rail Cargo Group, Rail Cargo...

MNB

MNB likely to allow lenders to pay dividend from January

The National Bank of Hungary will "most likely" allow lenders to start paying dividend again from January, deputy-governor Csaba Kandrács...

Ratings

Moody’s upgrades Budapest Bank, MKB Bank deposit ratings

Moody's Investors Service on Thursday said it upgraded the long-term local and foreign currency deposit ratings of Budapest Bank and...

State debt ratio target achievable – State Audit Office

The state debt ratio targeted for this year is achievable based on the data available by November so the debt...

National Bank’s Inflation Battle Continues Apace

The National Bank of Hungary (MNB) is continuing its fight against rising inflation expectations by maintaining its tightening cycle and...

Banking assoc doesn’t support mortgage rate freeze

The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates,...

MNB raises 1-week depo rate by 20 bp to 3.8%

The National Bank of Hungary (MNB) announced a rate of 3.8% for its one-week deposit facility ahead of a tender...

MNB buys HUF 10 bln of gov’t bonds in last week of QE program

The National Bank of Hungary (MNB) bought HUF 10 billion of government securities in the last week of a quantitative...

OTP Bank closes int’l bond transactions successfully

OTP participated in two successful international bond transactions in November. As part of a syndicate of dominant investment banks in...

Slovenia c/a surplus shrinks in Jan-Oct

Slovenia's current account surplus fell to EUR 1.9 billion in the first ten months of 2021, from EUR 3 billion...

HEPA starting ‘Fit for Export’ program

The Hungarian Export Promotion Agency (HEPA) will start its "Fit for Export" program, helping micro-, small- and medium-sized enterprises to...

MNB signs cooperation deal with Budapest, Warsaw bourses

The National Bank of Hungary (MNB) has signed a cooperation agreement with the Budapest Stock Exchange and the Warsaw Stock...

ÁKK publishes 2022 financing plan

Hungary will issue net HUF 2.663 trillion of government securities next year to cover a HUF 3.153 tln central budget...

Erste Bank Hungary acquires Commerzbank Zrt

Erste Bank Hungary has agreed to acquire 100% of Commerzbank's local corporate banking subsidiary Commerzbank Zrt, Austria's Erste Group said...

Varga cuts 2022 deficit target to 4.9% of GDP

Finance Minister Mihály Varga on Friday said next year's general government deficit target can be reduced to 4.9% of GDP...

Railway JV aims to increase trade with China

Hungarian-owned CER Cargo Holding SE, Russian-owned RZDL Europe Kft., and the Hungarian unit of Austria's Rail Cargo Group, Rail Cargo...

MNB likely to allow lenders to pay dividend from January

The National Bank of Hungary will "most likely" allow lenders to start paying dividend again from January, deputy-governor Csaba Kandrács...

Moody’s upgrades Budapest Bank, MKB Bank deposit ratings

Moody's Investors Service on Thursday said it upgraded the long-term local and foreign currency deposit ratings of Budapest Bank and...