• 17 Nov 2024

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74 result(s) for foreign in Finance

High Savings Rate of Hungarian Households Well Over Average for Region

High Savings Rate of Hungarian Households Well Over Average for Region

  • 13 Nov 2024 7:18 AM
  • finance
Hungarian households' high savings rate and net financial assets, well over the average for the region, are a "growth reserve" for the national economy, if they can be channeled to corporate financing, Barnabas Virag, a deputy governor at the National Bank of Hungary (NBH), said at a conference organised by the Budapest Stock Exchange.
Cautious Base Rate Cut by Hungarian Central Bank

Cautious Base Rate Cut by Hungarian Central Bank

Hungarian central bank (NBH) rate-setters cut the base rate by 25 basis points to 6.75%, while lowering both ends of the interest rate corridor to the same extent, at a regular policy meeting.
Base Rate Cut Again by Central Bank in Hungary

Base Rate Cut Again by Central Bank in Hungary

Hungarian central bank policymakers cut the base rate by 25 basis points to 7.00% at a scheduled meeting of the Monetary Council.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Central Bank in Hungary Cuts Base Rate Again

Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting.
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.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
Base Rate Cut Down to 10% by National Bank of Hungary

Base Rate Cut Down to 10% by National Bank of Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.00%, at a regular policy meeting.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
High Savings Rate of Hungarian Households Well Over Average for Region

High Savings Rate of Hungarian Households Well Over Average for Region

  • 13 Nov 2024 7:18 AM
  • finance
Hungarian households' high savings rate and net financial assets, well over the average for the region, are a "growth reserve" for the national economy, if they can be channeled to corporate financing, Barnabas Virag, a deputy governor at the National Bank of Hungary (NBH), said at a conference organised by the Budapest Stock Exchange.
Cautious Base Rate Cut by Hungarian Central Bank

Cautious Base Rate Cut by Hungarian Central Bank

Hungarian central bank (NBH) rate-setters cut the base rate by 25 basis points to 6.75%, while lowering both ends of the interest rate corridor to the same extent, at a regular policy meeting.
Base Rate Cut Again by Central Bank in Hungary

Base Rate Cut Again by Central Bank in Hungary

Hungarian central bank policymakers cut the base rate by 25 basis points to 7.00% at a scheduled meeting of the Monetary Council.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Central Bank in Hungary Cuts Base Rate Again

Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting.
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.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
Base Rate Cut Down to 10% by National Bank of Hungary

Base Rate Cut Down to 10% by National Bank of Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.00%, at a regular policy meeting.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.