Register today to access recent news and articles.

Hungary

MNB cuts its benchmark interest rate

The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered the two-week deposit rate to 12.25% from 12.5%, the first cut since January 16, 2003. The MNB almost doubled the...

#bank#GDP#inflation

Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…

#bank#exports#international


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…

#cash-flow#exporters#regulation


SME confidence on the rise in February

Ecostat's poll of Hungarian SMEs showed that pessimists outnumber optimists with regard to both their own situation (by 38% to…

#economy#exports#GDP


Hungary brings in 1.49 billion euros in FDI in...

Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…

#bank#economy#exports


EBRD and CEB lend 30m euros to support SMEs

CIB Bank, the Hungarian subsidiary of Italy's Banca Intesa Group, has received Ђ30m from the European Bank for Reconstruction and…

#Access to Finance#bank#European Commission


SME confidence bounces back in January

Small- and medium-sized enterprises (SMEs) confidence was up two points to 46.7% in January, showing an unmistakable recovery from its…

#economy#inflation#investment


New EBRD euro 20 million credit line

The European Bank for reconstruction and Development (EBRD) and Budapest Lizing Rt have signed a contract on a Ђ20 million…


MFB makes first venture capital deal and boosts overseas...

The Hungarian Development Bank Rt (MFB) has made its first investment as part of its new venture capital activity. MFB…

#bank#Boost#i


Corporate finance launch international network

Seven independent financial advisory firms operating in nine Central East European countries are scheduled to sign an agreement on forming…


Venture capitalists query MFB investment strategy

As the Hungarian Development Bank Rt (MFB) steps up its venture capital activities, fund managers have recently had misgivings about…


EIB grants EUR 50 million facility to MFB

The European Investment Bank (EIB) has signed an agreement with the state-owned Hungarian Development Bank (MFB) on a Ђ50 million…

National Bank raises base rate by 3%

The National Bank of Hungary (MNB) raised the base rate, which is equal to the key two-week depo rate, by…

Our Sponsors
Our Events
View All
To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.