Tag "Magyar Bankholding"
MBH Bank supports the environment with ten thousand trees
MBH Bank has taken another step towards sustainability: within the framework of an internal initiative, the bank group planted ten thousand native Hungarian tree seedlings in Southern Transdanubia this spring....
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MBH Bank is here: the largest merger in domestic banking history has been realized
On April 30, 2023, the merger of MKB Bank Nyrt. and Takarékbank Zrt. took place, and from May 1, the resulting credit institution will continue its activities under the name...
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Magyar Bankholding: A positive turn in the economy is expected from the second quarter of the year
A positive turn can be expected from the second quarter of 2023: the Hungarian economy may once again be on the path to growth, consumption may gradually improve, and inflation...
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Magyar Bankholding: Several foods became cheaper compared to February
In March, there were several product categories whose prices fell compared to the previous month, including dairy products and butter, which became cheaper by 3-3.7 percent, analysts of MKB Bank...
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On the long weekend of May 1, MKB Bank and Takarékbank will merge, this is what customers need to know about the transition
On April 30, with the legal merger of MKB Bank Nyrt. and Takarékbank Zrt., the nearly three-year merger process within the framework of Magyar Bankholding, which aims to create Hungary’s...
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Small businesses are reviewing their business strategy, according to a study
The biggest challenge for the majority of small businesses is the rise in energy and raw material prices, as well as the economic environment, which is why they are revising...
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Offering a seamless hybrid shopping experience can be essential in 2023
Communicating values Krishnakumar Davey, president of client engagement at IRI has told Grocery Drive that retailers know: prices have become so high that shoppers can’t spend more, thus retailers are...
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Couples plan their finances together
More than half of those living in a relationship, 57 percent, live in a joint bank account with their partner, approximately the same proportion of partners also have a joint...
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Magyar Bankholding: the MNB approved the implementation of the merger of Takarékbank Zrt. and MKB Bank Nyrt.
On Monday, the Magyar Nemzeti Bank authorized the final step in the merger schedule of Magyar Bankholding, whereby MKB Bank Nyrt. and Takarékbank Zrt. will merge on April 30 and...
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Magyar Bankholding: Economic performance may start to increase this year
By the end of 2023, inflation may be in the single digits, the annual average is expected to be around 17.5 percent, according to Magyar Bankholding’s recent macroeconomic analysis. The...
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Inflation accelerated to 24.5%
Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....
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Takarék group: the price increase rate of agricultural land accelerated to a four-year high in 2021
The price of agricultural land rose by 8.5 percent in 2021, a rate not seen in four years, after 6.6 percent in the previous year, Takarék Bank, a member of...
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The member banks of Magyar Bankholding continue to be market leaders in the financing of the food industry
Since the beginning of the year, the member banks of Magyar Bankholding have achieved above-market growth in lending to the agri-food industry, which together remain the market leaders in financing...
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Magyar Bankholding: Most people choose contactless payment when shopping for Christmas
The 27-35-year-old age group is the most purposeful in terms of Christmas shopping, according to representative market research conducted by Magyar Bankholding. This year, respondents plan to spend between HUF...
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The general meetings have decided: the giant bank will be created
On December 9, the general meeting of MKB Bank and Takarékbank accepted the second step of Magyar Bankholding’s merger schedule, and the general meeting of MKB Bank also decided to...
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Hungarian Bankholding joined the UN Responsible Banking Guidelines initiative
Hungarian Bankholding joined the global cooperation established by the United Nations (UN) and was one of the first domestic banks to sign the Responsible Banking Guidelines, the financial institution informed...
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Magyar Bankholding: from May, the merged MKB and Takarékbank will continue to operate under the name MBH Bank
Next May, Magyar Bankholding’s MKB Bank Nyrt. and Takarékbank Zrt. will merge. The new bank will continue to operate under the name MBH Bank Nyrt., with a unified brand name...
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Takarékbank analysis: catering turnover increased by 5.8%
Compared to the rising base due to the gradual opening a year ago, the volume of catering turnover increased by 5.8% in July after the 14.7% increase in June, while...
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According to analysts, despite the Russian-Ukrainian war, industrial production expanded in June
In spite of the Russian-Ukrainian war, industrial production expanded in June – the analysts pointed out in their analysis sent to MTI, commenting on the latest data of the Central...
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Retail trade slowed down sharply
Falling short of expectations, according to the raw data, the volume of retail trade increased by 4.1% compared to the same period of the previous year, adjusted for the calendar...
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Magyar Bankholding expects inflation of 11.7 percent this year and 7.6 percent next year
In the coming months, inflation may rise to 11.7 percent this year, and fall to 7.6 percent next year due to price changes, the weakening of the forint, tax increases,...
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The Hungarian economy could grow by 5.9 percent this year
The Russian-Ukrainian war is causing uncertainty, so the economy could grow by 5.9 percent this year, which is only 0.1 percentage points lower than previously forecast, Suppan Gergely, Head of...
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Magazine: Optimistic investors in the SME sector
The latest market research of Magyar Bankholding and NMS Hungary focused on the planned and realised investments of SMEs with a minimum sales revenue of HUF 300 million. From the...
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Magyar Bankholding: loan and deposit portfolio in the agricultural sector grew above average last year
Last year, slightly above the national average, the loan portfolio of enterprises related to agriculture and the food industry grew by 11 percent in Hungary, and in the member banks...
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It’s not just in agriculture that investments are catching up
Almost half of the larger companies have made significant investments worth at least HUF 10 million in the past two years, according to research conducted by Magyar Bankholding on small...
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Takarékbank revised its growth forecast for last year and this year downwards
Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...
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Most people obtain christmas presents online by card
The population spends more than HUF 61,000 on Christmas presents this year– this is revealed by the market research carried out by Magyar Bankholding. In 2021, almost 40 per cent...
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New senior managers support the digitization efforts and communication of Magyar Bankholding
The management of Magyar Bankholding is enriched with two more renowned experts: Roland Pecsenye, a renowned fintech specialist, joins the banking group as deputy CEO responsible for digitalization and operations,...
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The members of Magyar Bankholding help the agricultural sector with huge loans
The member banks of Magyar Bankholding, Budapest Bank, MKB Bank and Takarékbank, have a total loan and leasing portfolio of almost 500 billion HUF in the agricultural sector, which together...
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Takarékbank: personal loan lending may increase to fivefold by the end of the year
After the pandemic subsides, the demand for personal loans may increase, the volume of 5 billion HUF placed with Takarékbank by the middle of April may jump fivefold by the...
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