EC Raises Hungary GDP Forecasts
- 9 May 2019 10:00 AM
The European Commission raised its projection for Hungary’s GDP growth this year to 3.7% from 3.4% in its latest quarterly forecast.
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Takarék Group Launches New Commercial Bank In Hungary
- 7 May 2019 7:49 AM
Takarékbank, the new universal commercial bank of Hungary’s integrated savings cooperatives, launched on Monday with 139 branches in seven of Hungary’s 19 counties as well as the capital.
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Hungary’s Central Bank Policymakers Keep Base Rate On Hold
- 2 May 2019 6:01 AM
The central bank’s Monetary Council kept the bank’s key rate on hold at 0.90% at a monthly policy meeting.
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MKB Bank Online Service Out Of Order Due To IT Crash
- 16 Apr 2019 10:23 AM
MKB’s online bank service crashed on Monday, Index reports.
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Hungary Among Countries With Lowest Labour Costs In EU
- 15 Apr 2019 7:53 AM
Hourly labour costs were the fourth lowest in Hungary in 2018 among EU member states after Bulgaria, Romania and Lithuania, according data published by Eurostat.
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Hungarian Banks Should Improve Efficiency, Boost Lending Says National Bank Official
- 12 Apr 2019 7:45 AM
Márton Nagy (pictured on top left), deputy governor of the National Bank of Hungary, urged Hungarian banks to improve their efficiency and embrace innovation while boosting lending.
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