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Visegrád Group Central Bank Governors Conference

D&T
Jul 19, 2021

The National Bank of Hungary (MNB), the country's central bank, has organised a high-level conference on the occasion of the 30th anniversary of the establishment of the Visegrad Cooperation. Among the speakers of the conference, titled 'Gradual Transition into a Greener Economy – Challenges and opportunities', the bank welcomed the central bank governors and deputy […]

Index at All-Time High at the Budapest Stock Exchange

D&T
Jun 14, 2021

The Budapest Stock Exchange's share index, the BUX, closed at a new all-time high of 49,015.24 points on Monday, up 169.40 points or 0.35% . Turnover on the stock market was HUF 7.1 billion forints on Monday, with the leading shares gaining on Friday's close, with the exception of that of MOL. Lajos Török, senior […]

Central Bank on COVID-Tested Hungarian Banking System

D&T
Jun 3, 2021

The shock-absorbing capacity of the Hungarian banking sector remains strong. In the second half of 2020, the sector’s capital position improved further, while banks’ liquidity continued to rise even from its previous high level, according to an analysis by the National Bank of Hungary (MNB). The banking system is characterised by a balanced funding structure […]

Hungarian Currency Strengthening

D&T
May 18, 2021

The Hungarian currency, the forint continued to strengthen on Tuesday, with the euro falling below HUF 350 on international currency markets. However, this position is still about 33% weaker than in the spring of 2010 when the Orbán government took power. The strengthening continued after the statement by Barnabás Virág, Vice Governor of the National […]

CEE Economies Expected to Accelerate in 2021 and 2022

D&T
May 7, 2021

According to Colliers, a leading diversified professional services and investment management firm, Western European capital, particularly German and UK funds, was most active and responsible for ca. 50% of all volumes in Q1 2021 across the CEE region. According to Kevin Turpin, Regional Director of Research, CEE, “as the pandemic continues to impact on capital […]

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