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MNB: Improved Macro Fundamentals Support Pickup on Home Market

Improving macroeconomic fundamentals have supported a pickup in activity on Hungary's home market and caused price rises to accelerate, the National Bank of Hungary (MNB) said in a biannual report on the market published on its website this week.

Budapest
Hungary
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National-bank
Improved-macro-fundamentals-support-pickup
Budapest-business-journal

Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfalls

The National Bank of Hungary (MNB) has fined UniCredit Bank Hungary HUF 28 million for failing to comply fully with rules on preventing money laundering and the financing of terrorism, the central bank and financial market regulator said on Friday, according to a report by state news wire MTI.

Budapest
Hungary
Adriana-iacob-shutterstock
Watchdog-fines-unicredit-bank-hungary
National-bank
Unicredit-bank-hungary
Fines-unicredit-bank-hungary
Budapest-business-journal

MNB Publishes Chinese-language Issue of Financial and Economic Review

The National Bank of Hungary (MNB) yesterday published a Chinese-language issue of the Financial and Economic Review containing a selection of the most-read articles that appeared in the journal last year, according to a release on the central bank's website.

China
Hungary
Budapest
Chinese
Hungarian
Adriana-iacob-shutterstock
Budapest-renminbi-initiative-conference
National-bank
Chinese-language-issue
Economic-review
Budapest-business-journal

MNB Extends EUR 4 bln ECB Repo Line

The maturity of a EUR 4 bln repo line agreement the National Bank of Hungary (MNB) has with the European Central Bank (ECB) has been extended until the end of January 2025, the central bank said on Monday, according to a report by state news wire MTI.

Budapest
Hungary
Ukraine
Hungarian
Adriana-iacob-shutterstock
European-central-bank
National-bank
Budapest-business-journal

MNB Phases out Variable-rate Longer-term Deposit Facility

The National Bank of Hungary (MNB) on Wednesday announced the discontinuation of its variable-rate deposit facility with terms up to six months from January 31, according to a report by state news wire MTI.

Budapest
Hungary
Adriana-iacob-shutterstock
National-bank
Variable-rate-longer-term-deposit
Budapest-business-journal

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