Tag "MNB"

MNB: households in September took more loans than the value of their fresh deposits

In September this year, households took loans in a value of 37 billion HUF, while placed 13 billion HUF deposits at domestic financial institutions. In the first nine months of...

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MNB: food and tobacco products increased inflation in September

Inflation increased by 0.2 percentage points in September, compared to the previous month. The growth was driven by rising food and tobacco prices – Várhegyi Judit, head of the Hungarian...

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MNB: Október 31-ig lehet fizetni a régi 1000 forintos bankjegyekkel

Már csak egy hónapig, október 31-ig lehet használni a készpénzes vásárlásoknál a régi – 2017 előtt kibocsátott – 1000 forintos bankjegyeket, mert október végén a Magyar Nemzeti Bank (MNB) bevonja...

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Hungarian cash stock is significant

Hungarian cash stock is about 5,700 billion HUF. From a part of it, the population’s securities and equity purchases could be increased – Nagy Márton, the vice president of the...

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MNB: cash machines exchange currency abroad on unreasonably high prices

Abroad, an increasing number of POS and ATM recognize the currency of the bank cards and provide forint payments besides local currency payments, but this can result in unfavorable exchange...

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MNB: inflation will be slightly above 3 percent in the short term

According to the latest inflation report of the National Bank of Hungary (MNB), inflation is expected to be slightly above 3 percent in the short term. In a sustainable manner...

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Private borrowing to be tightened from October

From October 1, the National Bank of Hungary regulates the percentage of income that a household can spend on repaying a loan. The goal is for more people to choose...

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MNB: turnaround in corporate and retail lending

A turnaround in corporate and retail lending occurred in 2015, after the crisis – Nagy Tamás, head of department of the Hungarian National Bank (MNB) told M1 news channel. He...

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MNB: lending expanded significantly in the second quarter

In the second quarter of this year, the loan portfolio of corporations, including small and medium-sized enterprises (SMEs) expanded considerably. However, lending of long-term fixed-rate loans in corporate lending did...

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The loans and deposits of households and companies have grown

Both the lending and deposit portfolio of households and companies rose in June according to the seasonally adjusted data, only taking the transactions into account – the Hungarian National Bank...

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More than seventy-five million HUF worth bank transfers over three months

The turnover of transfers has risen to a peak: in the first quarter of this year, the Hungarian National Bank (MNB) has registered turnover exceeding 75 million forints – Világgazdaság...

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It is getting harder for banknote counterfeiters

The MNB (Hungarian National Bank) has started the exchange of forint banknotes in 2014. The security features of the renewed banknotes now provide much more complex protection against possible counterfeiting,...

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MNB: rise in inflation is temporary

Inflation is only temporarily and exceeded 3 percent in June, due to external reasons – Várhegyi Judit, head of the Hungarian National Bank (MNB) told M1 news channel on Wednesday....

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Another ÖRT resolution – now about banking advertisements

ÖRT regularly provides guidance to help the work of its members to comply better with the legislations. The MNB has made valuable contributions to the preparation of the material. Knowing...

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MNB: inflation increases gradually

Inflation will fluctuate around 2 to 2.5 percent in the coming months, but price increases will gradually rise – Várhegyi Judit, head of department at the Hungarian National Bank (MNB)...

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MNB: consumption, investment and exports promise a more than expected growth in 2018

Based on the data received since December’s Inflation Report, the Hungarian National Bank (MNB) expects more favorable consumption and investment processes and a slightly stronger export growth. The experts of...

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MNB: a bankrendszer több mint kétszeresen teljesítette kkv-hitelezési vállalását

Az MNB piaci hitelprogramjában részt vevő bankok 2017-re vállalták, hogy közel 230 milliárd forinttal növelik kkv-hitelezésüket, a vállalását minden bank teljesítette, ennek eredményeként szektorszinten az egy évvel korábbit is meghaladó,...

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The new one thousand HUF banknote to come from Thursday

The new one-thousand HUF banknote will be launched on Thursday, March 1 – said Gerhardt Ferenc vice president of the National Bank of Hungary (MNB) at a press conference in...

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Cash accumulation is slowing down

Cash accumulation of the households has slowed down somewhat last year, due to the decline in savings in foreign currencies – Világgazdaság Online wrote. However, the volume and proportion of...

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Households’ money assets increased in 2017

The net financial assets of households grew by 3262 billion forints in the past year, and its value of 39,287 billion HUF slightly exceeded the amount of the annual gross...

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MNB: households and companies have saved more when borrowing in 2017

Companies and households have raised their bank deposit last year more than their credits -according to the data released by the National Bank of Hungary on Thursday. It can be...

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The new 1,000 HUF bank note comes from March

The National Bank of Hungary started the renewal of the forint banknotes in 2014. Within the framework of the program, four of the six denominations have been renewed in recent...

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The NGM and the MNB are expecting a GDP growth of around 4 percent in 2017

The Ministry of National Economy (NGM) and the National Bank of Hungary (MNB) expect a GDP growth of around 4 percent in 2017. At the Central and Eastern European Forum...

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MNB: new security measures do not affect the comfort of electronic payments

The new security rules, which provide double security, do not affect the speed and convenience of everyday electronic payments – Binder István, supervisor of the National Bank of Hungary (MNB)...

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20 percent increase in egg prices contributed to the November inflation

Last month, mainly due to rising fuel prices and egg prices, the annual rate of inflation increased to 2.5 percent, Várhegyi Judit, head of department of the Hungarian National Bank...

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MNB: Labor Training is the key to sustainable development

The lack of skilled workers is a major challenge for the European countries, while the new industrial revolution and robot technology are constantly transforming the labor market, which also requires...

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The MNB warns about the deliberate recruitment of consumer loans

According to the MNB’s announcement published on Thursday, due to the different characteristics of each type of credit – credit card, personal loan, commodity loan, mortgage loan, overdraft – it...

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MNB: The financial situation of households and companies improved in October

In October, households repayed more loans than they incurred and increased their deposits by a significant amount, and companies received less credit for the third month than savings were placed...

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The debt of companies exceeds their quarterly sales revenue

Approximately 28 percent of the total revenue of the companies is an amount that has already been billed but has not yet been paid out, according to the latest information...

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MNB: the inflation indexes also declined in October

In October, while annual inflation declined by 0.3 percentage points to 2.2 percent – according to the analysis published by the National Bank of Hungary (MNB) on Thursday. Indirect tax-purified...

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