Hungarian Banks Launch Instant Payments
- 2 Mar 2020 10:31 AM
The instant payments system will become available at Hungarian banks from Monday, with domestic bank transfers booked in 5 seconds instead of the current maximum of four hours.
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Forint Reaches New Low Against Euro
- 2 Mar 2020 7:35 AM
The forint slipped as far as 340.69 against the euro - a new historical low - shortly after 9:00 am on Monday, before edging up again, according to a report by state news wire MTI.
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Hungary’s Growth Rate Among Highest In EU
- 27 Feb 2020 7:33 AM
Hungary has recently experienced strong economic expansion with one of the highest GDP growth rates in the European Union, the European Commission said in an annual country report released on Wednesday.
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National Bank Of Hungary Leaves Base Rate On Hold
- 26 Feb 2020 6:44 AM
Rate-setters of the National Bank of Hungary left the base rate unchanged at 0.90% and the central bank O/N deposit rate at -0.05% at a regular meeting.
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Hungary In Talks With Investors In Japan & China On Green Bond Issue
- 25 Feb 2020 7:20 AM
Hungary is in talks on the issue of a three- to five-year “green bond” with investors in Japan and China, Finance Minister Mihály Varga said in an interview published on business news website mfor.hu.
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Hungarians Have Least Debt Relative To Income In Europe, Survey Finds
- 21 Feb 2020 10:48 AM
Hungarians have the lowest amounts of debt relative to their incomes in European comparison, but many still experience difficulty with paying their bills, according to a fresh survey by receivables management company Intrum.
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