Tag "MNB"
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...
Read more
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...
Read more
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...
Read more
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,...
Read moreMNB: 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....
Read more
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...
Read moreMNB: 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)...
Read moreMNB: 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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read moreThe 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...
Read more
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)...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read moreThe 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...
Read moreMNB: 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...
Read moreCorporate governance is a key issue for competitiveness
The role of corporate governance is decisive in competitiveness as corporate executives can do a lot for the efficient management of resources – Pleschinger Gyula, president of the Hungarian Economy...
Read moreMNB: Hungarian consumers became more conscious
Lending in Hungary is picking up again. Consumers are choosing more consciously, and the rules on borrowing also curb indebtedness – Binder István, supervisor spokesman of the National Bank of...
Read more
According to a survey people buy more with a credit card in the summer
The number of foreign bank card purchases grew by more than 30 percent in the summer, with a rise of nearly 32 percent in value. The value of domestic...
Read moreMNB director: economic growth can permanently exceed 3.5 percent
The Hungarian economy is expected to reach an over 3.5 percent growth this year and the next year, and the Hungarian National Bank (MNB) expects that the 3 percent inflation...
Read moreMNB Director: Sustainable achievement of the inflation target is expected a quarter later, in mid-2019
According to the latest Inflation report of the Central Bank, the sustainable achievement of the inflation target is likely to be achieved by one quarter later in mid-2019. The investments...
Read more
MNB: Card payment transactions grew by 25 percent in the second quarter
Payment card purchase turnover increased by 25 percent in the second quarter of this year, exceeding all previous growth rates – the National Bank of Hungary (MNB) announced on Monday....
Read more
The loan portfolio of the population and companies grew
There was a significant increase in household and corporate loan portfolio in the second quarter, according to the August issue of the MNB’s Lending Processes report, quoted by népszava online....
Read more
The financial wealth of households has grown further
In the second quarter, the households’ financial assets increased by 874 billion HUF to 45,963.5 billion HUF and their liabilities increased by 25 billion HUF to 8,577 billion HUF, thus...
Read more