National Bank of Hungary

21/11/2024

Orbán at Budapest Eurasia Forum: Europe must adapt to Eurasian shift or face decline

After the global financial crisis of 2008-2009, "it became clear that the West's system of political and economic self-correction does not work," Prime Minister Viktor Orbán said. #Eurasia #Budapest #Asia #diplomacy
19/11/2024

Hungarian policy makers leave base rate on hold at 6.50pc

The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting on Tuesday. #baserate #mnb #centralbank #finance #forint
19/11/2024

National Bank of Hungary introduces HUF 50,000 coin

The National Bank of Hungary is set to release a remarkable gold collector coin, ‘V. László aranyforintja’ (The Golden Florin of Ladislaus V), on 20 November 2024. #mnb #forint #money #limited #collector
16/11/2024

National Bank of Hungary issues a new forint coin – Here’s how it looks

The National Bank of Hungary celebrates 100 years of paediatric care with a stunning commemorative coin. #health #healthcare #forint #coin #HungarianNationalBank
02/11/2024

Digital currency revolution: Hungary prepares for the future with a digital forint

The Hungarian Central Bank is exploring the potential of a digital forint for wide-scale use, currently in a test phase for youth aged 8–14 since March of last year. #digital #money #currency #forint
30/10/2024

National Bank of Hungary marks 75 years of Hungarian-Chinese relations with commemorative coin and book

The National Bank of Hungary (NBH) commemorated the 75th anniversary of the establishment of diplomatic relations between Hungary and the People's Republic of China by presenting a coin set and a book. #China #relations #diplomacy
29/10/2024

National Bank of Hungary: Maintaining banks’ strong capital position ‘pivotal

The National Bank of Hungary (NBH) acknowledged a reduction in overheating risks. #bank #finance #report #NBH
25/10/2024

Hungary’s commercial real estate market poised for slow recovery, says central bank report

Hungary's commercial real estate market may have "bottomed out" and could be ahead of a "slow turnaround", the National Bank of Hungary said. #NationalBank #realestate
24/10/2024

Survey assesses Hungarians’ financial health, and the results are far from encouraging

The National Bank of Hungary revealed the results of its inaugural survey on Hungarians' financial health on Thursday. #finance #money #nationalbank
22/10/2024

Hungarian national bank’s latest decision strengthens the forint

The Hungarian currency reacted positively to the not-so-surprising decision. #forint #euro #economy
17/10/2024

Hungarian branch of Revolut opening postponed, MNB worried

Hungarian clients of fintech company Revolut "deserve a domestic bank", the National Bank of Hungary (NBH) said on Thursday. #revolut #hungariannationalbank #mnb #fintech #money
09/10/2024

Good news from the Hungarian economy: National Bank prepared to protect the Forint, inflation likely to fall – UPDATED

The dilemma is as follows: a stronger forint or the long-sought economic growth. Which will the Orbán cabinet choose? #forint #hungarianeconomy #nationalbank #hungariangovernment
09/10/2024

Revolut’s Hungarian expansion: Hiring in progress for local branch

With over 1.5 million users already in the country, fintech company Revolut is now actively seeking professionals to build its local workforce. #Revolut #money #fintech #bank
05/10/2024

Hungarian central bank launches new 200-forint coin alongside commemorative coins – PHOTOS

The National Bank of Hungary announced the release of new commemorative coins, including a redesigned version of the circulating 200-forint coin. #forint #coin #commemoration #centralbank #money
05/10/2024

Experts worried that PM Orbán’s brutal wage rise will bring inflation and a HUF 500/EUR exchange rate

PM Orbán talked about a shockingly quick wage rise in Hungary between 2025 and 2028, which can generate inflation and a significant forint fall. #orbán #forint #hungarianeconomy #wagerise
02/10/2024

Apple charges Hungarian users again without warning as payment issue resurfaces

This technical issue has impacted cardholders in about 20 countries. #apple #payment #money
02/10/2024

Positive prospects: Price of petrol could drop as low as HUF 500, Hungarian central bank says

However, a less optimistic forecast is that natural gas prices are expected to rise. #petrol #fuel #gas
30/09/2024

National Bank of Hungary raises gold reserves to 110 tonnes

Hungary has the highest volume of gold reserves per capita in CEE
26/09/2024

2nd biggest Hungarian bank cooperates with Bank of China, inflation falls in Hungary

MBH Bank, Hungary's second-biggest commercial lender, and Bank of China Limited Hungary Branch have signed a memorandum of understanding. #mbhbank #bank #bankofchina #china #mbh
24/09/2024

Hungarian policymakers announce base rate cut

The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by...