Tag "MNB"
MNB: the spread of the touch cards increases the number of transactions
In the second quarter of the year, the use of electronic payment devices continued to increase primarily due to the significant expansion of the payment card infrastructure. The number of...
Read moreThe MNB lowered its growth and inflation forecasts for this year
The Magyar Nemzeti Bank (Hungarian National Bank) slightly reduced its forecast for GDP growth this year. The Magyar Nemzeti Bank (Hungarian National Bank) expects a 3.2 percent GDP growth in...
Read more
NBH: nearly 950 billion HUF worth contract in the second phase of the NHP
The participating banks in the second phase of the Central Bank's loan growth Programme (NHP) submitted data to the Hungarian National Bank (MNB) about services worth 947.2 billion HUF, of...
Read more
MNB: a duality characterized the corporate loans in the second quarter
A duality characterized the corporate lendings in the second quarter, the overall corporate loan portfolio decreased by 3.4 percent, compared to a year before, while the small and medium enterprise...
Read more
GKI: On slowing trajectory
According to the forecast of GKI Economic Research Co., the growth rate of the Hungarian GDP will drop to 2.7 per cent in 2015, after its temporarily extremely fast rate...
Read more
MNB: the NHP contributed to Hungary's GDP growth with more than 1 percent
The NHP is the growth credit program of the National Bank of Hungary (MNB). The NHP is supporting micro, small and medium-sized companies to access credit, to expand investments and...
Read more
MNB: the turnover of electronic payment modess increased in the first quarter
According to data of the National Bank of Hungary (Magyar Nemzeti Bank, MNB), the turnover of electronic payment modess increased in the first quarter of 2015.The most striking increase can...
Read moreThe MNB expects less investments, but further economy growth
The National Bank of Hungary (MNB) has significantly reduced its forecast for the investments: in its March projections, the MNB calculated with an increase of 5.2 percent for this year,...
Read moreThe MNB Increases the security of internet payments
As the internet payments are increasing significantly, the Hungarian National Bank considers it important to increase the security. The Hungarian National Bank (MNB) has started the transposition of the relevant...
Read more
One hundred and fifty billion HUF whiteout in the economy thanks to the online cash registers
According to the calculations of the Central Bank’s analysts, the online cash registers whitened the economy in 2014 with about 150 billion HUF – portfolio.hu wrote. The analysts of the...
Read moreThe MNB authorized the creation of a Moscow representation of Eximbank
The National Bank of Hungary (MNB) authorized the creation of a representation of Eximbank in Moscow. The decision can be found on the MNB's website. Szijjártó Péter Foreign Economic Relations...
Read more
The future of agriculture
Hungarian daily Világgazdaság organised a conference titled ‘Agriculture of the future – the future of agriculture’ on the most important issues in Hungarian agriculture. György Czerván, secretary of state at...
Read more
Analysts expect further rate cuts
Market analysts expect further rate cuts after the Monetary Board’s Tuesday decision; lowering the base rate by 15 basis points to 1.95 percent, which is a new new historical low....
Read moreThe GVH, the MNB and the NFH have signed a cooperation agreement
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law...
Read more