• 22 Nov 2024

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197 result(s) for bank deposit

Forint Strengthens After Rate Hike

Forint Strengthens After Rate Hike

The forint started to weaken on Thursday morning after the MNB raised its one-week deposit facility interest rate by 200 basis points, then firmed later when verbal interventions helped the Hungarian currency.
Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Central Bank in Hungary Raises Base Rate to 4.40% Due to Increased Inflation Risks

Central Bank in Hungary Raises Base Rate to 4.40% Due to Increased Inflation Risks

Hungarian rate-setters raised the central bank base rate by 100 basis points to 4.40% at a monthly policy meeting.
Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Central Bank Withdraws Sberbank Licence in Hungary

Central Bank Withdraws Sberbank Licence in Hungary

The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
National Bank Caps Client Withdrawals at Russian Sberbank in Hungary

National Bank Caps Client Withdrawals at Russian Sberbank in Hungary

The National Bank of Hungary (NBH) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarország to 7 million forints (EUR 18,900) per customer from March 2 to thirty days onwards to maintain the safe operation of the credit institution.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.
Forint Strengthens After Rate Hike

Forint Strengthens After Rate Hike

The forint started to weaken on Thursday morning after the MNB raised its one-week deposit facility interest rate by 200 basis points, then firmed later when verbal interventions helped the Hungarian currency.
Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Central Bank in Hungary Raises Base Rate to 4.40% Due to Increased Inflation Risks

Central Bank in Hungary Raises Base Rate to 4.40% Due to Increased Inflation Risks

Hungarian rate-setters raised the central bank base rate by 100 basis points to 4.40% at a monthly policy meeting.
Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Central Bank Withdraws Sberbank Licence in Hungary

Central Bank Withdraws Sberbank Licence in Hungary

The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
National Bank Caps Client Withdrawals at Russian Sberbank in Hungary

National Bank Caps Client Withdrawals at Russian Sberbank in Hungary

The National Bank of Hungary (NBH) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarország to 7 million forints (EUR 18,900) per customer from March 2 to thirty days onwards to maintain the safe operation of the credit institution.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.