Tag "MNB"
MNB: In terms of sustainability, the Hungarian economy is in the midfield within the EU
Date: 2021-05-25 11:20:48
In terms of sustainability, the Hungarian economy is in the middle of the EU, according to the MNB, it is the 15th among the countries of the European Union, the...
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MNB: households’ financial assets grew in the first quarter
Date: 2021-05-19 11:30:24
Households’ net financial assets increased by 1,412 billion HUF in the first quarter, reaching 56,655 billion HUF at the end of March, 5,441 billion HUF – 10.6 percent – more...
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Blokkk.com: that’s the way online tills work
Date: 2021-04-30 08:45:39
There is not much data on forints going through online tills. However, the MNB’s data can be defraied. This, of course, is money spent not only on the shopkeeper, but...
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Matolcsy: fastest economic recovery in 100 years may come
Date: 2021-03-26 11:32:27
Keeping interest rate conditions unchanged means that we will continue to maintain a favorable financing position, said Matolcsy György, Governor of the Magyar Nemzeti Bank (MNB), at a press conference...
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MNB: MKB Bank can also offer consumer-friendly personal loans
Date: 2021-03-24 11:18:09
MKB Bank can start distributing its qualified consumer-friendly personal loan (MSZH) after the Magyar Nemzeti Bank (MNB) has approved the product’s rating – the central bank told MTI on Wednesday....
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Futureal issued 55 billion HUF in green bonds
Date: 2021-03-23 11:18:54
Thanks to the Growth Bond Program (NKP) of the Magyar Nemzeti Bank, the Futureal Development Holding Ingatlanforgalmazó Kft. issued its first, at the same time outstandingly successful green bond issue...
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MNB: credit dynamics were at the forefront of the EU last year
Date: 2021-03-16 11:29:01
Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an...
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The MNB expects five percent economic growth
Date: 2021-03-12 11:35:48
We can be optimistic about the recovery of the economy – this was also highlighted by last year’s gross domestic product (GDP) data – economic growth is expected to average...
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MNB: clear progress in green finances last year
Date: 2021-03-04 11:12:35
Despite the pandemic, there was clear progress in green finance last year, many banks are working to introduce green loans, and the Hungarian state has successfully issued green government securities,...
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Analysts: base rate remained unchanged as expected
Date: 2021-02-24 11:20:08
The market did not expect the central bank base rate to change, the decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday met analysts’ expectations, experts...
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A new code makes online shopping safer
Date: 2021-02-19 11:20:15
In the Financial Corner section of the Magyar Nemzeti Bank (MNB), origo seeks answers to the following question from central bank experts: “I would have bought online with my bank...
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According to the MNB, the economy will regain its 2019 performance by the end of the year
Date: 2021-02-11 11:41:40
The Hungarian economy may regain its 2019 performance by the end of 2021, after GDP growth is expected to approach 6 percent this year – the Magyar Nemzeti Bank (MNB)...
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ITM-GVH-MNB: Enhanced cooperation for consumer protection
Date: 2021-01-21 11:21:22
The Ministry of Innovation and Technology (ITM), the Hungarian Competition Authority (GVH) and the Magyar Nemzeti Bank (MNB) have renewed their cooperation agreement aimed at eliminating unfair commercial practices against...
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MNB: Rising tobacco prices boosted core inflation last December
Date: 2021-01-15 11:22:52
The contribution of demand-sensitive products and fuels to inflation rose in December last year, offset by a decline in the contribution of food to inflation, so that overall inflation remained...
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It turned out how much cash was in circulation in December 2020
Date: 2021-01-15 11:17:10
The average stock of cash in circulation increased in the last month of the year, according to a statement presenting the preliminary balance sheet of the central bank – origo,...
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Consumer solvency improves, a W-shaped recovery might follow
Date: 2020-12-10 11:31:44
Households continued to strengthen their financial situation at the beginning of the 3rd quarter, but by the end of the 3-month period the Intrum Solvency Index (IFI) dropped again: its...
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MNB: progress in two thirds of the proposals of the Competitiveness Program
Date: 2020-11-26 11:20:05
Progress was made in two-thirds of the 330 proposals set out in the central bank’s Competitiveness Program. The program was 34 percent full by November, compared to the 22 percent...
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MNB: 3.5 percent increase in households’ monetary assets
Date: 2020-11-18 11:25:01
Households’ net financial savings increased by 432 billion HUF, or 3.5 percent of GDP, in the third quarter. Financial assets increased by 719 billion HUF and liabilities by 287 billion...
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MNB: PIN code-free touch card payments next year of 15,000 HUF limit may remain next year
Date: 2020-11-17 11:20:07
The value limit for contact card payments without a PIN code of 15,000 HUF may remain the same next year, as card companies and financial institutions also support maintaining the...
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Mobile payment set new records in Hungary
Date: 2020-11-04 11:30:39
Mobile payments in Hungary set new records. The number of mobile wallet transactions almost tripled between September 2019 and September 2020, according to Mastercard. According to a statement sent to...
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According to the company managers, the Hungarian economy may be cash-free in the foreseeable future
Date: 2020-10-16 11:30:49
The financial digitization was significantly accelerated by the coronavirus pandemic in Hungary, and according to the company executives interviewed by Intrum, the cash-free economy is also within reach. However, the...
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The MNB’s 50-point package of proposals has been published
Date: 2020-09-29 11:34:36
On the website of the Magyar Nemzeti Bank (MNB), a 50-point package of proposals was published on Tuesday to support the government’s crisis management and economic recovery work in the...
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MNB: annual inflation may drop to 3 percent in 2022
Date: 2020-09-25 11:30:35
According to the latest Inflation Report of the Magyar Nemzeti Bank (MNB), the annual inflation rate may fall to 3% in 2022, and may slightly exceed 3.5% this year and...
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Magazine: The world has turned upside down: How has the pandemic affected consumer behaviour?
Date: 2020-07-30 07:04:24
The impact of the coronavirus pandemic has been different on different types of retailers. Obviously the operators of physical stores suffered a drastic sales loss, while those with an online...
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Credit card: small shops can count
Date: 2020-07-29 11:36:43
Payment by credit card is more convenient, but in 30% of the service places, at least 60 thousand places it is not possible to pay with them. Why is that?...
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Hungary ranks 19th among EU countries in the MNB’s competitiveness ranking
Date: 2020-07-29 11:27:36
Hungary finished 19th among the countries of the European Union in the competitiveness ranking of the Magyar Nemzeti Bank (MNB) with 47.4 points, which is slightly higher than the average...
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The MNB may maintain the value limit of 15,000 HUF for credit card payments
Date: 2020-07-10 11:25:05
The central bank proposes to keep the 15,000 HUF limit for bank card payments, the managing director of the Magyar Nemzeti Bank told M1 news channel on Friday. Bartha Lajos...
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The MNB expects modest GDP growth this year
Date: 2020-06-25 11:45:43
According to the central bank’s forecast, gross domestic product (GDP) may grow at a modest pace in 2020, between 0.3 and 2.0 percent, GDP growth next year will be 3.8-5.1...
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MNB: turnover with bank cards increased significantly in the first quarter
Date: 2020-06-15 11:35:49
In the first quarter, the domestic turnover of bank cards increased by 13 percent in number and by 23 percent in value compared to the same period of the previous...
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