297 result(s) for mnb
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Old Bank Notes Invalid After Today
- 31 Jul 2017 11:00 AM
- business
Today is the last day on which shops and other businesses must accept the old Ft 2,000 and Ft 5,000 notes. From August 1, these old notes will no longer be legal tender.
Expats Hungarians Transfer Billions Of Euros Home
- 6 Jul 2017 8:30 AM
- current affairs
Hungarians living or working abroad transferred €3.5 billion back home last year, according to an MNB study. This accounts for more than 3.3% of GDP, a low figure when compared to South Eastern European countries or the Baltic states, but relatively high compared to the Central and Eastern European region.
BofA Considers MNB A Dove
- 5 Jun 2017 11:00 AM
- business
The Bank of America Merrill Lynch (BofA) has published a report after visiting the central banks in Eastern Europe, forecasting 3.5% GDP growth for Hungary and Poland and 2.9% for the Czech Republic in 2017.
MNB Illegal Activity Agent Fines A First
- 31 May 2017 8:00 AM
- finance
Acting as a supervisory, the MNB has fined the Bulgarian company Interactive Ft 40 million because the brokerage provided illegal financial services in Hungary.
MNB Foundations Buy More Heritage Buildings
- 26 May 2017 8:00 AM
- property
The National Bank’s foundations, Pallas Athéné Alapítványok, have purchased heritage-listed buildings on Andrássy út for Ft 14.9 billion, further boosting their real estate portfolio.
“We Will Not Be Silent!” Demonstration Draws Thousands Of Young Protesters
- 18 Apr 2017 7:00 AM
- current affairs
Budapest’s Szabadság (Freedom) square hosted a novel demonstration of sorts Saturday evening. Starting at 5:30 pm and lasting until 10 pm, the “We will not remain silent!” protest featured musical performances by a variety of musicians and DJs, as well as speeches by notable artists and activists. As many as 10,000 people mostly in their twenties and thirties attended.
MNB Moves Towards Instant Payments
- 28 Mar 2017 12:00 PM
- business
The MNB has appointed its clearing house subsidiary GIRO to develop the central infrastructure for instant payment systems by the middle of 2019, the central bank announced.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Old Bank Notes Invalid After Today
- 31 Jul 2017 11:00 AM
- business
Today is the last day on which shops and other businesses must accept the old Ft 2,000 and Ft 5,000 notes. From August 1, these old notes will no longer be legal tender.
Expats Hungarians Transfer Billions Of Euros Home
- 6 Jul 2017 8:30 AM
- current affairs
Hungarians living or working abroad transferred €3.5 billion back home last year, according to an MNB study. This accounts for more than 3.3% of GDP, a low figure when compared to South Eastern European countries or the Baltic states, but relatively high compared to the Central and Eastern European region.
BofA Considers MNB A Dove
- 5 Jun 2017 11:00 AM
- business
The Bank of America Merrill Lynch (BofA) has published a report after visiting the central banks in Eastern Europe, forecasting 3.5% GDP growth for Hungary and Poland and 2.9% for the Czech Republic in 2017.
MNB Illegal Activity Agent Fines A First
- 31 May 2017 8:00 AM
- finance
Acting as a supervisory, the MNB has fined the Bulgarian company Interactive Ft 40 million because the brokerage provided illegal financial services in Hungary.
MNB Foundations Buy More Heritage Buildings
- 26 May 2017 8:00 AM
- property
The National Bank’s foundations, Pallas Athéné Alapítványok, have purchased heritage-listed buildings on Andrássy út for Ft 14.9 billion, further boosting their real estate portfolio.
“We Will Not Be Silent!” Demonstration Draws Thousands Of Young Protesters
- 18 Apr 2017 7:00 AM
- current affairs
Budapest’s Szabadság (Freedom) square hosted a novel demonstration of sorts Saturday evening. Starting at 5:30 pm and lasting until 10 pm, the “We will not remain silent!” protest featured musical performances by a variety of musicians and DJs, as well as speeches by notable artists and activists. As many as 10,000 people mostly in their twenties and thirties attended.
MNB Moves Towards Instant Payments
- 28 Mar 2017 12:00 PM
- business
The MNB has appointed its clearing house subsidiary GIRO to develop the central infrastructure for instant payment systems by the middle of 2019, the central bank announced.