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National Bank of Hungary (MNB)

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Governor of the Bank of Korea, Juyeol Lee, and MNB President György Matolcsy

Korean Delegation Visits Central Bank

D&T
Dec 5, 2019

On the occasion of the 30th anniversary of the establishment of diplomatic relations between the Republic of Korea and Hungary, Hungarian central bank (MNB) President György Matolcsy has received a delegation headed by his South Korean counterpart. A joint discussion was conducted about cooperation between the two institutions. No visit has been paid by representatives […]

National Bank Publishes Fintech Strategy

D&T
Oct 29, 2019

The National Bank of Hungary (MNB) has published its FinTech strategy entitled ‘Financial innovation and stability’ at a conference held with the participation of the representatives of Hungarian FinTech companies. The key objective of the first central bank FinTech strategy in the region is to facilitate the spread of competitive and innovative services in Hungary, […]

Semmelweis University Commemorative Coins

D&T
Sep 5, 2019

This Friday, the National Bank of Hungary issues a silver collector coin with a face value of HUF 10,000 and a non-ferrous metal coin with a face value of HUF 2,000 in order to commemorate the 250th anniversary of the start of organized medical training in Hungary. This Friday, the National Bank of Hungary (MNB) […]

| Shutterstock.com

National bank inflation forecast

D&T
Dec 27, 2017

In Hungary, the rate of inflation will reach 3% percent, consistent with price stability. That inflation target in the prognosis of the National Bank of Hungary's inflation report is expected to be achieved in a sustainable manner by the middle of 2019.

| 123RF.com

National Bank competitiveness report

D&T
Oct 30, 2017

The National Bank of Hungary has published its latest competitiveness report in order to analyse, examine and evaluate Hungary’s competitiveness and to explore the possibilities of further progress with over a hundred indicators.

Renwed 1

Upgraded banknote to appear in Hungary

D&T
Aug 23, 2017

The National Bank of Hungary will continue its program of upgrading Hungarian forint banknotes . As part of the program. The Bank says it will issue into circulation an upgraded 1,000-forint note with new design elements and new security features.

The Eiffel Palace office building in Budapest | source: Horizon Development

Budapest's Eiffel Palace sold again

D&T
Aug 8, 2017

The National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.

Governing parties pass the law in Hungarian Parliament | Szilárd Koszticsák / MTI

National bank public fund deals classified

D&T
Mar 1, 2016

Governing parties in Hungary passed a bill that exempts the country's national bank (MNB) from disclosing where and how the foundations it created spends public money. The government's justification is that this money "loses its public asset quality".

People line up for information on their money in front of brokerage branch office in downtown Budapest | Tamás Kovács / MTI

Brokerage scandal continues in Hungary

D&T
Mar 10, 2015

The National Bank of Hungary suspended the brokerage licence of the Hungarian Quaestor on Tuesday, citing regulatory shortcomings, and said the firm may also have issued many more bonds than permitted under its issuance program, the Reuters reported.

Tiszaroff castle hotel | source: kastely.blogter.hu

National Bank buys luxury castle hotel

D&T
Aug 7, 2014

The National Bank of Hungary (MNB) has purchased a castle hotel in eastern Hungary and it will operate the facility as its own resort in the future, the financial website portfolio.hu reports on the basis of news from HVG released on Thursday.

| Jakub Krechowicz/Shutterstock.com

Hungary's public debt remains over 80pc of GDP

D&T
Jan 2, 2014

Hungary’s general government consolidated gross debt at nominal value (or called the Maastricht debt) was 80.2% of GDP at the end of the third quarter of 2013, according to financial accounts data relesead by the National Bank of Hungary. (NBH).

Hungarian central bank deputy governor

Central bank deputy governor resigns in protest

D&T
Apr 8, 2013

Deputy Governor of the National Bank of Hungary (MNB), Júlia Király submitted her resignation on Monday. She also resigns as member of the Monetary Council. She wishes to protest against recent changes at the national bank.

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