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The International Investment Bank (IIB) is to open a regional branch office in Budapest, Minister of Finance and Deputy PM for Economic Policy Affairs Mihály Varga said after having signed an MoU with IIB Chairman Nikolay Kosov.
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The government submitted to parliament a bill that would introduce tax changes and other amendments as well as a 25% special tax on organisations supporting migration.
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The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.9% at a monthly policy meeting.
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The government will spend 4,000 billion forints (EUR 12.5bn) on developing public roads and railways by 2022 in order to strengthen Hungary’s position in logistics, the foreign minister said.
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Budapest Bank is offering contact-less mobile phone payment solutions to its customers from Monday, the state-owned bank has announced.
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The National Bank of Hungary (NBH) outlined measures it has taken to protect the interests of households on the lending, insurance and capital markets in an annual report.
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