Less Than 5,000 Hungarian Families Own 30% of Total Domestic Net Financial Wealth There are around 4,000-4,500 families in Hungary with financial assets exceeding HUF 300 million (EUR 834,000) in addition to real... 2021.10.12.
Police Raise Charges Against Hungarian Suspect Who Offered Bank Card Details on Dark Web Police have wrapped up an investigation into a 33-year-old Hungarian man who is suspected of trading in bank card data... 2021.10.08.
Coronavirus – FinMin Varga: New Measures to Make Payments Easier, Save Money Hungary's authorities have adopted various measures designed to make payments and navigating red tape easier and cheaper, the finance minister... 2020.11.24.
Lawmakers Extend Repayment Moratorium for ‘Vulnerable Borrowers’ Parliament unanimously approved legislation on Tuesday to extend a moratorium on loan repayments, but only for vulnerable borrowers. The legislation... 2020.10.20.
Hungarian Financial Regulator Fines 6 Banks for Failure to Implement Money Laundering Safeguards The National Bank of Hungary (MNB), serving as the country's financial regulator, said on Wednesday that it has fined six... 2020.06.17.
New National Consultation Questions Published by Gov’t The government has published thirteen questions to be put to the Hungarian public in the National Consultation in connection with... 2020.06.09.
Banking Association Chief: Hungary Well Positioned to Weather Crisis Hungary can avoid a crisis similar to the one in 2008 thanks to measures taken by the government and the... 2020.05.27.
Coronavirus – FinMin Official: Suspension of Loan Repayments Helping Households, Businesses The option of suspending loan repayments is providing relief for many Hungarian households and businesses alike, but 40 percent of... 2020.05.01.
Coronavirus – Finance Ministry: Special Bank and Retail Tax to Add 91 Billion Forints to Anti-virus Funds Two government decrees levying extraordinary taxes on banks and on big retail businesses published on Tuesday are expected to raise... 2020.04.15.
Coronavirus: One-off Banking Sector Tax Deductible from Bank Levy, says Finance Minister A one-off tax on the banking sector that will bolster Hungary's pandemic war chest can be deducted in full from... 2020.04.09.
Coronavirus – Finance Minister: Hungary to Plough 20% of GDP into Protection Efforts Hungary is ploughing 20 percent of its GDP into protection efforts against the novel coronavirus, Finance Minister Mihály Varga said... 2020.04.08.
Coronavirus: Jobbik Dismisses Gov’t Measures as Ineffective The opposition Jobbik party on Tuesday slammed the government's economic measures in connection with the novel coronavirus epidemic calling it... 2020.04.07.
Coronavirus: Contactless Card Payment without Pin to be Raised to HUF 15,000 The amount that can be paid in shops using contactless bank cards without the need to type in a pin... 2020.03.24.
Coronavirus: Loan Repayments May Not Rise after Moratorium, says Hungary Central Bank The National Bank of Hungary (NBH) on Monday said lenders may not raise borrowers' installments after a moratorium on repayments... 2020.03.23.
Coronavirus & Suspended Loan Payments: Banks Prepared to Work Together with Gov’t Finance Minister Mihály Varga met representatives of the Hungarian Banking Association on Thursday to discuss a government decree on suspending... 2020.03.19.
Coronavirus – Orbán: Gov’t Suspends Debt Service for Businesses, Individuals The government has decided to suspend until the end of the year the capital and interest rate payment obligations of... 2020.03.18.
Coronavirus: Most Bank Branches Operating as Usual The vast majority of bank branches will operate as usual on Monday, although face-to-face client services could be suspended in... 2020.03.16.
Hungary Would Welcome More Chinese Banks in Budapest, says Finance Minister The Hungarian government has achieved considerable results in developing economic ties with China over the past few years, Finance Minister... 2019.11.27.
Socialists, DK Call on Top Court to Re-examine Issue of Forex Loans The opposition Socialists (MSZP) and Democratic Coalition (DK) together with civil groups have urged the supreme court, the Kúria, to... 2019.07.11.
Banking Association Elects András Becsei Chairman The board of the Hungarian Banking Association unanimously elected vice chairman András Becsei to head the professional body at an... 2019.07.02.
Parliament Extends Account ID Compliance Deadline Lawmakers on Tuesday approved a bill on pushing back the deadline for complying with stricter rules on identifying account ownership... 2019.06.25.
