Tag "TakarékBank"
MBH Bank – The biggest merger in Hungarian banking history
On 30 April 2023, the merger of MKB Bank and Takarékbank created a new universal bank as of 1 May, which has the most branches in Hungary. Our magazine asked...
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MBH AgrárTrend Index: Cautious optimism characterizes the players in Hungarian agriculture
After a year of continuous decline, the value of the MBH AgrárTrend Index rose again in the first quarter of 2023. Due to the drop in energy and fodder prices,...
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Zsendülés conference in Szeged – Organisation, efficiency and cooperation are the future of horticulture
On 2 March about 250 representatives of the horticulture sector gathered for the 8th Zsendülés conference in Szeged. This article is available for reading in Trade magazin 2023/5 The first speaker...
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MBH Bank is here: the largest merger in domestic banking history has been realized
On April 30, 2023, the merger of MKB Bank Nyrt. and Takarékbank Zrt. took place, and from May 1, the resulting credit institution will continue its activities under the name...
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A surplus of 513 million euros was generated in foreign trade
A surplus of 513 million euros was generated in foreign trade in the second month of the year, which exceeded expectations, mainly thanks to the reduction in energy prices. Partly...
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EDUTime conference on the most topical issues
Hungarian Product Nonprofit Kft.’s latest event, the EDUTime conference has taken place in Budapest. The speakers were economist Zoltán Pogátsa and CEO of the Agricultural Marketing Centre (AMC) Péter Ondré....
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On the long weekend of May 1, MKB Bank and Takarékbank will merge, this is what customers need to know about the transition
On April 30, with the legal merger of MKB Bank Nyrt. and Takarékbank Zrt., the nearly three-year merger process within the framework of Magyar Bankholding, which aims to create Hungary’s...
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Takarék AgrárTrend Index decreases further
On a 48-point scale, the Takarék AgrárTrend Index dropped to 29.5 points in the last quarter of 2022. Compared with the previous quarter, the decline was 0.1 points, and the...
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Retail turnover decreased by 3.9%
Falling short of expectations, according to the raw data, the volume of retail trade decreased by 4.8%, and when adjusted for the calendar effect, by 3.9% compared to the same...
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Csaba Héjja: the end of the price cap will affect food inflation for a while
Csaba Héjja, senior analyst at MKB Bank and Takarékbank, spoke to InfoRádio about why food inflation was the highest in Hungary and what to expect after the price cap is...
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Retail turnover increased by 0.6%
The volume of retail trade grew more modestly than expected, by 0.6% according to the raw data, and also by 0.6% when adjusted for the calendar effect, compared to the...
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The member banks of Magyar Bankholding continue to be market leaders in the financing of the food industry
Since the beginning of the year, the member banks of Magyar Bankholding have achieved above-market growth in lending to the agri-food industry, which together remain the market leaders in financing...
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Recession-proof solutions at the AGÓRA conference
More than 150 trademark users sent their representatives to Hungarian Product Nonprofit Kft.’s 8th Agóra conference in Esztergom. Managing director Eszter Benedek welcomed participants and told: they believe that sharing knowledge...
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According to MKB and Takarékbank experts, food prices will decrease
Food may become more expensive until the end of the year, and a price increase is expected in the first half of 2023, but it will be smaller than this...
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Takarékbank analysis: catering turnover increased by 5.8%
Compared to the rising base due to the gradual opening a year ago, the volume of catering turnover increased by 5.8% in July after the 14.7% increase in June, while...
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TakarékBank: foreign trade balance is significantly worse compared to last year
A significantly larger than expected deficit of 1,150 million euros occurred in foreign trade in July, following a deficit of 408 million euros in June. The euro value of exports...
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Analysts did not expect such a level of GDP growth either – this could be the reason
As we wrote about earlier, domestic GDP increased by 6.5% in the second quarter, while it expanded by 1.1% compared to the first quarter. All of this exceeded not only...
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Domestic food safety is still not in danger, according to experts
In addition to the high production costs and the uncertain economic environment, the drought is now making the situation of the producers more difficult, but food safety in Hungary is...
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(HU) Kirobbanó, 8,2%-os növekedés az első negyedévben
Sorry, this entry is only available in HU....
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Agents in the agricultural and food industries are facing another shock
A coronavirus epidemic, African swine fever, poultry flu, a shortage of fertilizers, rising global inflation or a growing driver shortage after the end of British EU membership are just some...
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Takarékbank: Hungarian food and agriculture is characterized by cautious confidence
Hungarian food and agriculture started the year with cautious confidence, the experts of the financial institution said in a background discussion at the analysts of Takarékbank and Magyar Bankholding in...
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Takarékbank revised its growth forecast for last year and this year downwards
Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...
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Takarékbank puts agricultural investments at the forefront of its lending policy
Takarékbank’s lending policy prioritises higher value-added agricultural investments in order to support the strategic sector of the national economy, the financial institution operating as part of the Magyar Bankholding, the...
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Takarékbank: the outlook for agricultural sector differs from one another
The outlook for the agricultural sector for this year differs significantly: while grain growers can sell their products at unprecedentedly good prices and look forward to positive expectations, livestock market...
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The members of Magyar Bankholding help the agricultural sector with huge loans
The member banks of Magyar Bankholding, Budapest Bank, MKB Bank and Takarékbank, have a total loan and leasing portfolio of almost 500 billion HUF in the agricultural sector, which together...
Read moreTakarékbank has raised its GDP growth forecast for this year to 8 percent
Due to better-than-expected second-quarter GDP data, Takarékbank has raised its growth forecast from 7.7 percent to 8.0 percent this year and left it at 7.0 percent next year, the financial...
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Magazine: Business Dinner 2021: ‘After 30 years Hungarian groceries are still respected abroad’
Trade magazin organised its annual Business Dinner at the end of June. The event’s host was Szilvia Krizsó, who discussed what the food industry will be like in 2050 with...
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Takarékbank expects agricultural operators to become more expensive
The outlook for Hungarian agriculture has further improved, with the Takarék AgrárTrend Index measuring the situation in the sector rising slightly further in the second quarter, the financial institution told...
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Takarékbank expects rapid growth this year
Takarékbank, which belongs to the Magyar Bankholding, improved its GDP growth forecast by 1.1 percentage points to 7.7 percent this year due to significantly better-than-expected GDP data in the first...
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Takarékbank: eliminating food waste is one of the keys to sustainable agricultural management
Eliminating food waste is one of the keys to sustainable agricultural management, Hollósi Dávid, Managing Director of Takarékbank’s Agricultural Division said at the NAK Field Days and Agricultural Machinery Show-Mezőfalva...
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