• 25 Apr 2024

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372 result(s) for bank in Finance

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8.
Free Cash Withdrawals at Post Offices in Hungary

Free Cash Withdrawals at Post Offices in Hungary

The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
Why Do Hungarians Keep 12% of Savings Abroad?

Why Do Hungarians Keep 12% of Savings Abroad?

Hungarians had a total of Ft 1.7 trillion in foreign bank accounts at the end of 2023, equal to 12% of all retail bank deposits, according to data from the MNB.
China Sees Hungary as Regional Financial Hub, Says Minister

China Sees Hungary as Regional Financial Hub, Says Minister

Financial cooperation is a fast-growing area of Hungarian-Chinese relations, Mihály Varga, the finance minister, said after meeting banking heads in Beijing, noting that Hungary planned to issue a Panda bond in the second half of this year.
Number of ATMs in Hungary Rises on National Bank Decree

Number of ATMs in Hungary Rises on National Bank Decree

Hungarian banks added 218 ATMs in the period between January 2023 and February 2024 after the MNB ordered lenders to maintain a minimum number of ATMs based on the number of bank cards issued.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8.
Free Cash Withdrawals at Post Offices in Hungary

Free Cash Withdrawals at Post Offices in Hungary

The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
Why Do Hungarians Keep 12% of Savings Abroad?

Why Do Hungarians Keep 12% of Savings Abroad?

Hungarians had a total of Ft 1.7 trillion in foreign bank accounts at the end of 2023, equal to 12% of all retail bank deposits, according to data from the MNB.
China Sees Hungary as Regional Financial Hub, Says Minister

China Sees Hungary as Regional Financial Hub, Says Minister

Financial cooperation is a fast-growing area of Hungarian-Chinese relations, Mihály Varga, the finance minister, said after meeting banking heads in Beijing, noting that Hungary planned to issue a Panda bond in the second half of this year.
Number of ATMs in Hungary Rises on National Bank Decree

Number of ATMs in Hungary Rises on National Bank Decree

Hungarian banks added 218 ATMs in the period between January 2023 and February 2024 after the MNB ordered lenders to maintain a minimum number of ATMs based on the number of bank cards issued.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.