Tag "Magyar Nemzeti Bank"

MNB: the stock of green loans reached a peak last year

Through the Magyar Nemzeti Bank’s (MNB) Green Capital Requirement discount program, banks issued almost HUF 880 billion in loans based on the total at the end of 2023, said the...

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Every year 8 billion HUF us stolen from our bank cards because of our convenience

Our convenience is our undoing: we want to quickly pounce on a good offer on the Internet and we don’t care about security – thanks to this, the rate of...

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MNB: both inflation and core inflation were in the middle of the central bank’s March forecast band

Both inflation and core inflation were in the middle of the forecast range of the central bank’s March Inflation Report – stated the analysis of the Hungarian National Bank’s March...

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MNB: instant payment goes to a new level

From April 1, all domestic consumers and businesses can complete their payment transactions by accepting a payment request and initiating an immediate payment in response, the Magyar Nemzeti Bank (MNB)...

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László Perlusz: The base interest rate should be brought below 5 percent

Businesses don’t take out loans because they don’t see the future as assured. If there is nothing to base the investment plans on, they will not take a loan even...

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Magyar Nemzeti Bank: Price caps did not help curb food inflation

Based on a study by the Magyar Nemzeti Bank (MNB), price caps did not reduce, but actually increased food inflation in the domestic market. During the period examined by the...

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Consumer protection news: what to expect in 2024?

The past period has brought many legislative changes, especially in the area of consumer protection. Zoltán Marosi, co-head of DLA Piper Hungary’s competition law group, gathered the main legislative developments...

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End of the century: after this year’s slight decline, the economy may expand next year

The Hungarian economy may shrink by 0.7 percent this year, according to the forecast of Századvég Konjunktúrakutató Zrt., followed by 2.7 percent growth in 2024 and 3.1 percent growth in...

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The MNB provides consumer protection advice for an intimate Christmas

This year, the MNB is creating a financial consumer protection advent calendar for the first time, giving 24 financial advices for 24 days, sharing tips on its social media platforms;...

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Mihály Varga: it is too early to talk about joining the Eurozone

According to Finance Minister Mihály Varga, it is too early to talk about Hungary joining the Eurozone. On Saturday, at the Tranzit festival in Tihany, the head of the ministry...

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MNB: stable lending capacities, unchanged credit terms and low demand on the credit market

Stable lending capacities, unchanged credit terms and low demand characterized the credit market in the second quarter of this year based on the second quarter Lending Survey of the Magyar...

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MNB: food and manufactured goods curbed inflation in June

In June, the slowdown in inflation continued for the fifth month. Compared to the previous month, inflation slowed by 1.4 percentage points to 20.1 percent; the slowdown was almost entirely...

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No business without nature

We are constantly using up and losing our natural resources. The net zero targets set by governments and businesses to cover 70% of the global economy cannot be achieved without...

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MNB: according to the American economist, there is no green transition without cooperation

International cooperation and dialogue must be prioritized in solving global issues such as a sustainable, green transition – said economics professor Jeffrey D. Sachs, director of Columbia University’s Center for...

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MNB: a quarter of farmers’ loans are protected by the agricultural loan moratorium

A quarter of the loans of agricultural enterprises, sole proprietors, family farmers and primary producers benefit from the safety net of the agricultural loan moratorium announced in August, the Magyar...

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MNB: due to food prices, inflation accelerated to a brutal extent

More than half of September’s inflation is explained by the rise in prices of food and regulated price products and services. The monthly increase in core inflation, calculated without processed...

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MNB: rising food prices explain rising inflation

In August, inflation accelerated by 1.9 percentage points compared to the previous month, which is mainly explained by the increase in the food price index. Compared to the previous month,...

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Weekly Macro Calendar – Interest rate decisions, labor market and government finance data are coming

The most important event next week will be the interest rate setting meeting of the Magyar Nemzeti Bank (MNB) on Tuesday, and this week the Ministry of Finance (PM) will...

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MNB: Current account deficit closed in December

As in the first two months of last year’s fourth quarter, the current account closed in deficit in December. The deficit was EUR 622 million, EUR 137 million larger than...

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No escape, massive inflation remains, MNB expects nothing else

From a certain point of view, it is a good sign that inflation has soared in Hungary because it indicates that economic growth has started, says the MNB’s senior official....

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András Simor: Fear motivates for saving money for the long term

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues In the latest episode of the Future Talks podcast Szilvia Krizsó’s guest was András Simor, economist, a member of Erste...

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ITM, GVH and MNB strengthen their cooperation

The Ministry for Technology and Innovation (ITM), the Hungarian Competition Authority (GVH) and the Central Bank of Hungary (MNB) have renewed their cooperation agreement, which seeks to filter out unfair...

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Second wave of the pandemic reaches e-commerce

At the end of September sales revenue in e-commerce exceeded that of the May peak during the first wave of the coronavirus pandemic – reveals a survey by digital marketing...

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(HU) Júliustól érkeznek az új készpénzhelyettesítő, azonnali fizetési megoldások

Sorry, this entry is only available in HU....

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GKI: 2018 was probably the best year of the decade for Hungary

GKI estimates that Hungary’s GDP expanded by 4.6 per cent in 2018 and this rate was remarkably high in the EU. The growth cycle is likely to have reached its...

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The MNB expects price increases and larger growth

The Monetary Council of the Magyar Nemzeti Bank, increased its expectations for GDP expansion by relation by 0.1 percentage points to 3.3 percent. The Hungarian National Bank (MNB) also increased...

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