Members of the Monetary Council of the National Bank of Hungary (MNB), MTI quotes the minutes from a monthly policy meeting in January. "Certain Council members highlighted that with declining inflation, rising real interest rates increased the room for manoeuvre for monetary policy," the minutes of the meeting on January 27 said. "They also agreed […]
The value of financial fraud in Hungary is on the decline, but still high, at around HUF 5 billion per quarter, Lajos Bartha, a managing director at the National Bank of Hungary (NBH) said at a conference in Budapest, MTI reports. The managing director told the Financial Fraud Summit 2026 that the value of fraudulent […]
Consumer prices rose by 3.3% year-on-year in December 2025. Relative to the 3.8% observed in November, the annual growth rate of prices fell by 0.5 percentage points, the National Bank of Hungary says on it website Standing at 3.8%, core inflation fell by 0.3 percentage point. Core inflation excluding indirect tax effects fell to 3.6%. […]
“The performance of the Hungarian stock market set a number of new records in 2025, which says a great deal about the state of the Hungarian economy,” according to Governor of the National Bank of Hungary (MNB) Mihály Varga, speaking at the start-of-the-year press conference held at the Budapest Stock Exchange. He added that last […]
In the third quarter of 2025, the amount of loans granted to Hungarian households exceeded the amount of repayments. The amount of loans to households amounted to HUF 12,324 billion in gross book value, indicating a rise of 3.0 per cent from the previous quarter. The share of the stock of loans more than 90 […]
National Bank of Hungary (MNB) governor Mihaly Varga announced the loan of 1,422 contemporary works of art to 30 museums nationwide at a press conference in Budapest on Friday. "The central bank's new management believes the place of art is not in offices or warehouses, but museums," Varga said. He added that the works would […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]
The Hungarian banking sector's stability indicators remain favourable, the sector is characterised by high shock absorbing capability, while risks are increasing in the real estate markets, the National Bank of Hungary (MNB) says in its report published this Tuesday. Presenting the latest biannual Financial Stability Report, Ádám Banai, a managing director at the central bank, […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]
National Bank of Hungary (MNB) governor Mihály Varga has signed a partnership agreement with his counterpart from the Bank of Korea during a visit to Basel, the MNB told MTI on Monday. The agreement creates opportunities for knowledge sharing and joint research between central banks, primarily in the field of digital financial innovations, the MNB […]
National Bank of Hungary (MNB) governor Mihály Varga underscored the impact cooperation and exchanges of experience between central banks could have on economic stability in the region at the 7th joint conference of the Hungarian and Polish central banks in Warsaw. In a statement issued by MNB on Friday, Varga acknowledged the results achieved in […]
The National Bank of Hungary (MNB) is issuing a silver collector coin with a face value of HUF 20,000 and its non-ferrous metal version of HUF 3,000 on the 200th anniversary of the founding of the Hungarian Academy of Sciences. In addition to the collector coins, the MNB is issuing one million copies of a […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]
The National Bank of Hungary (MNB) is issuing a non-ferrous metal collector coin with a face value of 3,000 forints named ‘Kuvasz’ on October 4, 2025, on World Animal Day. It is the sixth in the series of Hungarian shepherd and hunting dog breeds launched in 2019. In 2004, all autochthonous dog breeds, including the […]
Premiums of the insurance sector will likely exceed HUF 2,000 billion this year, Koppány Nagy, the National Bank of Hungary’s (MNB) director for insurance, said at conference of the the Hungarian Association of Independent Insurance Brokers (FBAMSZ) in Esztergom (N Hungary) on Tuesday. Premiums in the first half of the year reached HUF 1,047 billion, […]
