14 result(s) for financial impact in Finance
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again
- 25 Apr 2024 6:56 AM
- hungarymatters.hu
- finance
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
US Bank Collapse Hits OTP Share Price in Hungary
- 14 Mar 2023 12:51 PM
- http://www.hatc.hu
- finance
The price of OTP shares dropped by as much as 10% at one point in Monday trading after news of a US bank failure hit the market.
EP Votes to Recommend Freezing Hungary Funding
- 25 Nov 2022 9:41 AM
- hungarymatters.hu
- finance
The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
Economy Expands 6.5% in Hungary During Q2
- 18 Aug 2022 11:09 AM
- hungarymatters.hu
- finance
Hungary's GDP grew by an annual 6.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
GDP Growth High in Q1, Albeit From Low Base
- 18 May 2022 9:12 AM
- finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungarian Opinion: National Bank’s Rate Hikes Deemed Necessary
- 3 Sep 2021 2:56 PM
- http://www.budapost.eu
- finance
An independent economist welcomes the National Bank’s base interest rate hikes and the announcement of incremental tapering.
Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic
- 14 Apr 2021 7:53 AM
- hungarymatters.hu
- finance
Hungary’s external balance indicators improved last year, in spite of the pandemic, the National Bank of Hungary (NBH) said in its quarterly Balance of Payments Report. Hungary had a current-account surplus for the year at 2.1% of GDP.
Fewer Hungarians Invest Savings, More Keep Cash At Home
- 5 Nov 2020 11:39 AM
- hungarymatters.hu
- finance
Just 40% of Hungarians have savings invested in the money market, according to a survey in September by OTP Bank, the lowest level since the lender launched the annual gauge of financial self-care in 2011.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again
- 25 Apr 2024 6:56 AM
- hungarymatters.hu
- finance
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
US Bank Collapse Hits OTP Share Price in Hungary
- 14 Mar 2023 12:51 PM
- http://www.hatc.hu
- finance
The price of OTP shares dropped by as much as 10% at one point in Monday trading after news of a US bank failure hit the market.
EP Votes to Recommend Freezing Hungary Funding
- 25 Nov 2022 9:41 AM
- hungarymatters.hu
- finance
The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
Economy Expands 6.5% in Hungary During Q2
- 18 Aug 2022 11:09 AM
- hungarymatters.hu
- finance
Hungary's GDP grew by an annual 6.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
GDP Growth High in Q1, Albeit From Low Base
- 18 May 2022 9:12 AM
- finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungarian Opinion: National Bank’s Rate Hikes Deemed Necessary
- 3 Sep 2021 2:56 PM
- http://www.budapost.eu
- finance
An independent economist welcomes the National Bank’s base interest rate hikes and the announcement of incremental tapering.
Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic
- 14 Apr 2021 7:53 AM
- hungarymatters.hu
- finance
Hungary’s external balance indicators improved last year, in spite of the pandemic, the National Bank of Hungary (NBH) said in its quarterly Balance of Payments Report. Hungary had a current-account surplus for the year at 2.1% of GDP.
Fewer Hungarians Invest Savings, More Keep Cash At Home
- 5 Nov 2020 11:39 AM
- hungarymatters.hu
- finance
Just 40% of Hungarians have savings invested in the money market, according to a survey in September by OTP Bank, the lowest level since the lender launched the annual gauge of financial self-care in 2011.