Tag "MNB"
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...
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...
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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...
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...
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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...
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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....
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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....
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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 moreMNB: the 3 percent inflation target could be realized at the beginning of 2019
The growth rate of consumer prices in Hungary is expected to reach the central government’s 3 percent long-term inflation target at the beginning of 2019, Várhegyi Judit, head of department...
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One can pay with the old 2000 and 5000 HUF banknotes until Monday
One can pay with the old 2000 and 5000 HUF banknotes until Monday, because at the end of July the National Bank of Hungary (MNB) withdraws them from circulation, from...
Read moreThe number of corporate bank cards is increasing
The number of business bank cards issued in Hungary has increased dramatically over the past two years, while the total market has virtually stagnated in terms of the number of...
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MNB: Vending machines should be upgraded to accept the new banknotes
The National Bank of Hungary has called the attention of the operators of parking, ticket machines, beverage and vending machines that after one can pay with the old 2000 and...
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Banks have raised their SME lending commitments by more than 30 percent
Credit institutions have raised their SME lending commitments by more than 30 percent on Thursday on the Hungarian National Bank’s (MNB) HIRS tender – the central bank published on its...
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(HU) GKI: Kik a vesztesek? – Jövedelemarányok változása Magyarországon 2010 óta
Sorry, this entry is only available in HU....
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MNB: households took more loans than repaid, companies were net credit repayers in May
Households took more loans than they repaid in May, but companies were net credit repayers and deposits in both sectors grew according to seasonally adjusted data, published on Tuesday by...
Read moreThe MNB expects the expansion of investments and consumption
The most recent inflation report of the Magyar Nemzeti Bank was published: the target can only be realized in 2019 – privatbankar.hu wrote. Private household investments are growing dynamically, according...
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MNB: almost two-thirds of the card purchases were contactless payments
The expansion of electronic cash flow in the first quarter of 2017 continued to rise: contactless payment has become dominant, 63 percent of the purchases were carried out this way,...
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MNB: Hungarian households are more wealthy than their Slovak and Polish counterparts
According to statistics, the financial savings of the Hungarian households compared to the GDP have increased significantly since the economic crisis in 2008 and are high in international comparison as...
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MNB: In May, food and energy prices mainly caused the increase in inflation
In May, mainly the volatile, food-and-energy prices had an impact on price increases – May inflation figures were evaluated on Thursday by the National Bank of Hungary (MNB). According to...
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The SME lending grew by 12 percent in 2016
Corporate lending increased in 2016 in an extent has not seen since the crisis. Corporate lending increased by 4 percent. The SME loan portfolio increased by 8 percent, and extended...
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