Drop in risks aids banks
Hungarian banks’ combined after-tax profit in the first three quarters of 2016 almost tripled year-on-year to HUF 416.2 billion from HUF 141.6 billion on a big drop in risk costs,[…]
Hungarian banks’ combined after-tax profit in the first three quarters of 2016 almost tripled year-on-year to HUF 416.2 billion from HUF 141.6 billion on a big drop in risk costs,[…]
Home prices hardly changed nationwide from the first to the second quarter, rising 4pc in Budapest and dropping elsewhere except for a 0.3pc increase in cities in north Hungary, home[…]
The opposition Socialist Party has called on the directors of the National Bank of Hungary to carry out an ethical investigation against governor György Matolcsy after press reports that he[…]
Inflation remains persistently low and will approach 3pc, which represents price stability, only by mid-2018, the National Bank of Hungary (NBH) says in its fresh Inflation Report. In the previous[…]
Standard and Poor’s Global Ratings has raised its long- and short-term foreign and local currency sovereign credit ratings on Hungary to BBB-/A-3 from BB+/B, putting the country back in investment[…]
The National Bank of Hungary’s Monetary Council lowered the central bank’s key rate by 15bp to 0.90pc at a monthly policy meeting on Tuesday. The decision was in line with[…]
The National Bank of Hungary (NBH) is paying a HUF 50 billion dividend from last year’s earnings into the budget, the central bank has said, confirming a comment by governor[…]
MKB Bank booked consolidated profit of HUF 4.2 billion in the first quarter after six years of losses, the lender has said. The parent bank’s profit reached HUF 3.6 billion.[…]
The Constitutional Court has ruled that amendments to the law governing the National Bank of Hungary that give it the legal power to decline public information requests concerning companies that[…]
Standard and Poor’s Ratings Services last Friday affirmed its ‘BB+/B’ long- and short-term foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S&P said.[…]