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...

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The 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...

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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...

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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...

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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...

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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...

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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...

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The 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,...

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The 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...

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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...

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The 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...

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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...

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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....

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The 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...

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