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.
Banking Association Requests Extension of Account ID Compliance Deadline The Hungarian Banking Association will request the deadline for complying with stricter rules on identifying account ownership be pushed back... 2019.06.21.
National Bank Leaves Base Rate Unchanged The Monetary Council of the National Bank of Hungary (NBH) left the central bank base rate and overnight deposit rate... 2019.05.28.
PMO Head Confirms First Phase of Expanded Family Support to Launch on July 1 The first five measures of the government's family protection action plan will enter into effect on July 1, the head... 2019.05.16.
Takarék Group Launches New Commercial Bank Takarékbank, the new universal commercial bank of Hungary's integrated savings cooperatives, launched on Monday with 139 branches in seven of... 2019.05.06.
National Bank: Hungary Would Only Need 5 Large Banks Márton Nagy, deputy governor of the National Bank of Hungary, urged Hungarian banks to improve their efficiency and embrace innovation... 2019.04.11.
LMP Calls for a Review of FX Loans in Light of Europe’s Top Court Rulings The opposition LMP party has called for a review of forex loan contracts and a recalculation of debts held by... 2019.03.19.
Forex Loan Contracts with Unfair Exchange Rate Risks can be Cancelled Retroactively, says CJEU Europe's top court said in a ruling on Thursday that Hungarian laws should allow the cancellation of FX loan contracts... 2019.03.14.
Jobbik Wants Banks to Pass on Tax Savings to Customers Despite the government's Jan. 1 abolishment of the duty on banking transactions below 20,000 forints (EUR 62.5), many banks have... 2019.01.18.
Socialists-Párbeszéd Calls on Govt to Pull out from EBRD Agreement on FX Loans The opposition Socialist-Párbeszéd party alliance on Thursday called on the government to pull out from an agreement signed with the... 2019.01.11.
Govt Mulls Rejoining Moscow-based IBEC Bank The government has started talks on Hungary rejoining the Moscow-based International Bank for Economic Cooperation (IBEC), Péter Szijjártó, minister of... 2018.10.16.
DK Calls on Govt to End Home Evictions The leftist opposition Democratic Coalition (DK) has called on the government to suspend home evictions with immediate effect, saying that... 2018.10.01.
Forex Borrowers: Kuria to Assess CJEU ruling Hungary's Kuria (supreme court) is assessing Thursday's ruling of the European Union's Court of Justice (CJEU) affecting forex borrowers, the... 2018.09.21.
