• 19 Jan 2025

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835 result(s) for s in Finance

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.
Romania Overtakes Hungary in Per Capita GDP

Romania Overtakes Hungary in Per Capita GDP

Romania’s per capita GDP (measured in purchasing power parity) reached 78% of the EU average in 2023, ahead of Hungary’s 76%, Portfolio writes, citing preliminary data from Eurostat.
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.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
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.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
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.
Romania Overtakes Hungary in Per Capita GDP

Romania Overtakes Hungary in Per Capita GDP

Romania’s per capita GDP (measured in purchasing power parity) reached 78% of the EU average in 2023, ahead of Hungary’s 76%, Portfolio writes, citing preliminary data from Eurostat.
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.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
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.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.