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MNB Fines Lenders for Early Repayment Compliance Shortfalls

The National Bank of Hungary (MNB) has fined four lenders a combined HUF 27 million for failure to fully comply with rules on early repayments by retail borrowers, the central bank and market watchdog said on Monday, according to a report by state news wire MTI.

Moody s Upgrades Erste Bank Rating

Credit rating agency Moody's upgraded the long-term deposit rating of Erste Bank Hungary, according to a recent report. 

Hungary s GDP shrinks 2 4 pct in Q2-Xinhua

Hungary s GDP shrinks 2 4 pct in Q2-Xinhua
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Hungary s GDP shrinks 2 4 pct in Q2

BUDAPEST, Aug. 16 (Xinhua) Hungary's gross domestic product (GDP) decreased by 2.4 percent year-on-year in the second quarter (Q2), based on preliminary unadjusted data, the country's Central Statistics Office (KSH) said on Wednesday.

Hungary s GDP shrinks 2 4 pct in Q2

Hungary s GDP shrinks 2 4 pct in Q2
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