The affiliate of global financial company iBanFirst, operator of an online platform supporting payments by SMEs, has obtained an operating licence in Hungary, the financial authority MNB announced. More >>
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Mobile Payments Surge Reported by Bank in Hungary
- 21 Mar 2023 7:22 AM
K&H reported robust growth in payments by smartphones and smart watches last year, which accounted for 20% of all bankcard payments, totalling Ft 25 billion.
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US Bank Collapse Hits OTP Share Price in Hungary
- 14 Mar 2023 12:51 PM
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.
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Public Tax Blacklist In Hungary Ruled Against by ECHR
- 13 Mar 2023 6:09 AM
The European Court of Human Rights (ECHR) has ruled that Hungary’s practice of publishing personal information about people with overdue tax debts of at least Ft 10 million for more than 180 days violates EU rules.
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Economic Growth Expected to Continue in Hungary
- 10 Mar 2023 8:43 AM
The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
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Head Of Hungary’s Central Bank Sharply Criticises Recent National Economic Policy
- 9 Mar 2023 11:34 AM
Economic policymaking already “took a wrong turn” in 2021, before the war in Ukraine and sanctions of 2022, György Matolcsy, the head of Hungary’s central bank (NBH) told MPs.
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Latest Inflation in Hungary Edges Up to Over 25%
- 9 Mar 2023 6:01 AM
Consumer prices were up by an annual 25.4% in February, driven mostly by household energy and food prices, the Central Statistical Office (KSH) said.
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