Revolut Gets Green Light to Open First Branch in Hungary
- 7 Nov 2025 7:49 AM
The MNB has officially approved the launch of Revolut’s local branch, allowing the fintech to start operating in Hungary, Portfolio writes.
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Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment
- 7 Nov 2025 7:41 AM
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
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Clients to be Informed about Cheaper Bank Account Packages in Hungary
- 7 Nov 2025 5:47 AM
The National Bank of Hungary (NBH) has issued an executive circular instructing banks to inform retail clients on cheaper account packages by the end of January, in line with an agreement signed with the Hungarian Banking Association.
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Forint Reaches 18-Month High
- 6 Nov 2025 5:49 AM
The forint exchange rate has been hovering around its strongest level in a year and a half this week, trading near 385.4 against the euro on Wednesday, Portfolio reports.
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New Record High Hit by Budapest Stock Exchange's BUX Index
- 4 Nov 2025 5:55 AM
The Budapest Stock Exchange’s leading index, the BUX, closed October at 107,319.9 points, rising by 8.5% from the end of September and reaching a new all-time high.
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Banks Oppose Raising Free Withdrawal Limit in Hungary
- 3 Nov 2025 7:15 AM
The Hungarian Banking Association voiced its "firm opposition" to draft legislation that would raise the amount of cash retail clients may withdraw free of charge from ATMs in a statement on Friday.
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