MNB - Trademagazin

Matolcsy We took a new direction in 2020
Date: 2020-05-19 11:15:01

According to the CEO of the central bank, 2020 can be considered a turning point – hvg.hu wrote. “In 1956, the Hungarian Revolution halted Soviet dictatorships in Europe for a...

MNB: households also became richer in the first quarter
Date: 2020-05-18 11:22:35

Households’ financial assets increased by 514 billion HUF in the first quarter of this year, which is the most modest amount since the 418 billion HUF in the third quarter...

Retail debt continued to grow
Date: 2020-05-14 11:21:07

According to the MNB’s data, the coronavirus did not discourage borrowing, as the loan portfolio of both households and companies expanded – Privátbankár.hu wrote. Somewhat surprisingly, the retail loan portfolio...

MNB: wide-ranging, innovative opportunities in green economic recovery
Date: 2020-05-11 11:15:19

There are wide-ranging opportunities for an environmentally sustainable restart of the economy following the pandemic situation due to the coronavirus, according to the proposals received at the Hungarian National Bank’s...

MNB: only solution is lending now
Date: 2020-04-21 11:30:54

The only rational solution on the part of banks in the current epidemic situation is lending, Nagy Márton, Vice President of the Magyar Nemzeti Bank (MNB) said at the Portfolio’s...

Go For It Growth Loan Program
Date: 2020-04-20 11:55:47

The nhp hajrá (Go For It Growth Loan Program) for micro, small and medium-sized enterprises will be available from Monday – 24.hu wrote. The 1,500 billion HUF fixed-rate funds available...

MNB: inflation may stabilize around 3 percent
Date: 2020-03-26 11:20:06

Inflation may fall below 3 percent this year and stabilize at around 3 percent over the longer term – the head of the Economic Forecast and Analysis Directorate said at...

The MNB calls on the participants of the financial system to raise the threshold for credit card payments
Date: 2020-03-20 11:19:57

The National Bank of Hungary (MNB) calls on banks and card companies to raise the 5,000-HUF limit for the mandatory use of touch-code card payments to 15,000 forints in order...

MNB: use of payment cards is increasing abroad and on the Internet
Date: 2020-03-17 11:28:43

With the development of the payment infrastructure, the penetration of touch technology has continued, with touch cards accounting for 85 percent of all payment cards at the end of last...

MNB: rising fuel and food prices pushed up inflation in January
Date: 2020-02-18 11:21:06

The rise in inflation is mainly explained by the rise in fuel and food prices – the National Bank of Hungary (MNB) said in its comment on January inflation data....

MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019
Date: 2020-02-17 11:30:17

Households’ net financial assets increased by 11.7 percent last year to 50,932 billion HUF at the end of the year. Households’ financial assets totaled 61,161 billion HUF, accounting for 130.8...

A top feeling
Date: 2020-02-10 09:58:21

In 2020 economic growth was around 5 percent in Hungary, and this was one of the top growth rates in the EU. For 2020 GKI calculates with a 3-3.5 percent...

MNB: household debt increased by 15.6 percent in 2019
Date: 2020-02-05 11:20:45

Households’ loans increased by 957 billion HUF from last year’s 338 billion HUF to 7,107 billion HUF at the end of last year. It is 15.6 percent higher than a...

According to MNB, fuel prices increased inflation
Date: 2020-01-20 11:11:47

Várhegyi Judit (MNB) explained high inflation in December with the low base effect of fuel prices a year before. According to a report released by the Central Statistical Office (KSH)...

Successful bond issue auction closed by HELL ENERGY
Date: 2019-12-17 11:25:08

The HELL ENERGY Magyarország Kft., Hungary’s leading producer and distributor of energy and soft drinks, was among the first to participate in the Hungarian National Bank’s Growth Bond Program (NKP)....

Magazine: PayTechShow: Payment in just a second
Date: 2019-12-17 07:27:51

The PayTechShow was organised for the first time in October, and its objective was to discuss the future of electronic payment services. Participants worked in three sections, there were nearly...

The issue of Baromfi-Coop bonds was a great success
Date: 2019-12-06 11:17:25

In November, the Baromfi-Coop (Poultry Coop) bonds was issued under the National Bank’s Hungary’s Growth Bond Program (NKP). The transaction is outstanding in several respects in the history of the...

MNB: household savings reached 4.2 percent of GDP in the third quarter
Date: 2019-11-19 11:18:38

In the third quarter of this year, households accumulated savings of 931 billion HUF and borrowed 422 billion HUF, increasing their net financial assets by 508 billion HUF, which is...

We need to rethink measuring inflation in the digital age
Date: 2019-11-12 11:12:40

The central banks of the developed countries have been unable to meet their inflation targets for nearly a decade, despite considerable efforts – Világgazdaság Online wrote. In two thirds of...

The MNB is characterized by strong demand and tight supply in the commercial real estate rental and investment market
Date: 2019-10-21 11:25:40

Due to strong rental demand, the vacancy rate in the Budapest office and industrial logistics market dropped to another historic minimum in the first half of the year. Investment market...

MNB: rising cost of services increased core inflation
Date: 2019-10-11 11:35:34

Inflation fell by 0.3 percentage points to 2.8 percent in September, while core inflation rose by 0.2 percentage points to 3.9 percent. The slowdown in inflation was mainly caused by...

Instant payment to be launched in Hungary next spring
Date: 2019-09-16 12:10:35

The Central Bank of Hungary (MNB) has recently postponed the introduction of the instant payment system in Hungary – the new date is now 2 March 2020. By using the...

Mobile payment with QR code can be the key to fewer cash payments
Date: 2019-09-16 12:01:48

In the instant payment system mobile payment with QR code has become popular in those countries where the market regulator and market players developed an open-source standard, or where banks...

MNB: card payments ratio continued to expand in the second quarter
Date: 2019-09-16 11:20:19

The infrastructure of card payments and the rate of card payments also expanded in the second quarter of this year -the National Bank of Hungary (MNB) announced on its website...

Strong customer authentication has arrived
Date: 2019-09-16 11:13:54

On 14 September, as part of the Payment Services Directive 2 (PSD2) entering into force, strong customer authentication (SCA) will be introduced in Hungary. This will entail changes in e-commerce,...

Strong customer authentication’s start won’t be trouble-free
Date: 2019-08-20 14:44:34

The date is approaching fast: on 14 September strong customer authentication (SCA) rules will enter into force in Hungary. It can already be seen that the system’s launch won’t be...

Instant payment – later
Date: 2019-08-20 14:44:31

On 28 May 2019 the Central Bank of Hungary (MNB) postponed the introduction of the instant payment system in Hungary, the new date is now 2 March 2020. MNB decided...

Magazine: Technology brings major transformation to the Hungarian financial services market
Date: 2019-07-09 07:38:50

At the end of April more than 400 experts gathered at the FinTechShow conference, where Hungary’s fintech strategy and the fintech programme of the Central Bank of Hungary (MNB) were...

Inflation report: the catch up of the Hungarian economy continues
Date: 2019-06-27 11:28:13

Despite the slowdown in external activity, the Hungarian economy will continue to catch up in the next period – Balatoni András, Director of the Hungarian National Bank (MNB) said at...

MNB: inflation stagnated, with the core indicators rising
Date: 2019-06-11 11:28:56

In May, the average increase in consumer prices stagnated, inflation was 3.9 percent in April, while core inflation rose – according to the Hungarian National Bank’s (MNB) analysis – published...

Matolcsy We took a new direction in 2020 Date: 2020-05-19 11:15:01

MNB: households also became richer in the first quarter Date: 2020-05-18 11:22:35

Retail debt continued to grow Date: 2020-05-14 11:21:07

MNB: wide-ranging, innovative opportunities in green economic recovery Date: 2020-05-11 11:15:19

MNB: only solution is lending now Date: 2020-04-21 11:30:54

Go For It Growth Loan Program Date: 2020-04-20 11:55:47

MNB: inflation may stabilize around 3 percent Date: 2020-03-26 11:20:06

The MNB calls on the participants of the financial system to raise the threshold for credit card payments Date: 2020-03-20 11:19:57

MNB: use of payment cards is increasing abroad and on the Internet Date: 2020-03-17 11:28:43

MNB: rising fuel and food prices pushed up inflation in January Date: 2020-02-18 11:21:06

MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019 Date: 2020-02-17 11:30:17

A top feeling Date: 2020-02-10 09:58:21

MNB: household debt increased by 15.6 percent in 2019 Date: 2020-02-05 11:20:45

According to MNB, fuel prices increased inflation Date: 2020-01-20 11:11:47

Successful bond issue auction closed by HELL ENERGY Date: 2019-12-17 11:25:08

Magazine: PayTechShow: Payment in just a second Date: 2019-12-17 07:27:51

The issue of Baromfi-Coop bonds was a great success Date: 2019-12-06 11:17:25

MNB: household savings reached 4.2 percent of GDP in the third quarter Date: 2019-11-19 11:18:38

We need to rethink measuring inflation in the digital age Date: 2019-11-12 11:12:40

The MNB is characterized by strong demand and tight supply in the commercial real estate rental and investment market Date: 2019-10-21 11:25:40

MNB: rising cost of services increased core inflation Date: 2019-10-11 11:35:34

Instant payment to be launched in Hungary next spring Date: 2019-09-16 12:10:35

Mobile payment with QR code can be the key to fewer cash payments Date: 2019-09-16 12:01:48

MNB: card payments ratio continued to expand in the second quarter Date: 2019-09-16 11:20:19

Strong customer authentication has arrived Date: 2019-09-16 11:13:54

Strong customer authentication’s start won’t be trouble-free Date: 2019-08-20 14:44:34

Instant payment – later Date: 2019-08-20 14:44:31

Magazine: Technology brings major transformation to the Hungarian financial services market Date: 2019-07-09 07:38:50

Inflation report: the catch up of the Hungarian economy continues Date: 2019-06-27 11:28:13

MNB: inflation stagnated, with the core indicators rising Date: 2019-06-11 11:28:56