Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
Leading Hungarian Bank Expands into Uzbekistan OTP Bank is to acquire the Uzbek Ipoteka Bank; the contract for the acquisition was signed by the two parties... 2022.12.13.
Hungarian Real Wages Fall the Least Among Visegrad Countries Real wages in the Czech Republic will fall by 8.3 percent this year due to high inflation. Of the four... 2022.11.21.
Hungarians Plan to Spend 100,000 Forints on Christmas On average, Hungarians plan to spend 100,000 forints (EUR 242) on Christmas spending this year, of which 47,500 forints (EUR... 2022.11.16.
International Recognition for the Hungarian Tax System The Hungarian tax system has received further international recognition, as Hungary has moved up to seventh place in the EY... 2022.11.11.
Hungarians’ Appetite for Loans is On the Decline Hungarians took out significantly fewer loans in September than a year earlier. The biggest drop was in applications for home... 2022.11.04.
Pension Increase and Bonus Coming to Hungarian Seniors After pension increases of five percent in January and 3.9 percent in July, the third increase for seniors in Hungary... 2022.11.03.
Payment Discipline in Hungary Has Decreased Payment discipline in Hungary has fallen back to the 2015 level, according to the research of EOS, a debt management... 2022.10.06.
End of Interest Rate Rise in Hungary, Other Tools on Way for Monetary Tightening On Tuesday, the Governor of the Hungarian National Bank announced that the bank's 16-month cycle of interest rate hikes, the... 2022.09.28.
Russian Buyers Disappearing from Hungarian Real Estate Market The bank accounts of many potential Russian buyers have been frozen, preventing them from accessing their savings; as a result,... 2022.09.23.
Hungary’s Wealthiest Person Is…a Taiwanese Man Frank Liu, a Taiwanese man, appears to be the wealthiest person in Hungary. The multi-billionaire had received his Hungarian citizenship... 2022.08.15.
Small Taxpayers with Families Stand to Gain from Family Tax Allowance Tax expert József Angyal told 24.hu that taxpayers with families who are excluded from the "KATA" (Itemized Tax for Small... 2022.08.03.
Intrum: After Upward Trend, Solvency of Hungarian Population Has Declined The value of the Intrum solvency index declined significantly in the second quarter of this year, with the indicator of... 2022.07.26.
Hungarian National Bank to Raise Base Rate Next Week, Forint Strengthened on Thursday The rapid convergence of the base rate and the one-week deposit rate will be on the agenda at the next... 2022.07.08.
London Analysts Expect Hungarian National Bank Base Rate to Peak above 10 Percent by Year’s End According to significantly revised forecasts by London-based financial analysts, the Hungarian National Bank (MNB) base rate is likely to peak... 2022.06.29.
Hungarian Bankholding Achieved a Profit of More than EUR 174 Million Last Year Hungarian Bankholding achieved a profit before tax of HUF 69.5 billion (EUR 174 million) last year, while its total comprehensive... 2022.06.28.
What Is Known of the Government’s Budget Adjustment Package So Far Events have gathered pace recently around the government's fiscal adjustment program. On Saturday, the special tax regulations and the general... 2022.06.08.
Here Are Last Year’s House Prices in Budapest and Across the Country In addition to the numerous and deepening risks identified at the beginning of the year, there is a chance that... 2022.06.08.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Incoming Minister Nagy: Price Cap Can Stay, Retailers Can Cover Costs from Extra Profits RTL asked Márton Nagy, future Minister for Economic Development, about the price caps in Hungary. As he said, they may... 2022.05.19.
