Tag "Magyar Bankholding"

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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Magyar Bankholding Zrt.: The new, unified large bank may start in 2023

The Magyar Bankholding Zrt. has adopted a five-year business strategy for the merger of Budapest Bank, MKB Bank and Takarékbank. The emerging large bank aims to be the most modern...

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