Hungarian National Bank

Hungary's central bank cuts rates

Hungary’s central bank on Monday cut interest rates for the fifth consecutive month in an effort to spur a recovery from a deep recession. The Magyar Nemzeti Bank slashed the closely-watched two-week deposit rate by 50 basis...

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Hungarian National Bank lowers base rate from 7 to 6.5 per cent

Budapest - The Hungarian National Bank lowered its benchmark base rate by 50 basis point to 6.5 per cent, the governor Andras Simor told reporters on Monday, after a meeting of the bank's monetary policy council. The central...

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Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest ra...

November 2009 Operational issues Rating requirements for asset-backed securities in Eurosystem credit operations The Governing Council has decided to amend the rating requirements for asset-backed securities (ABSs). The...

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EIB supports with EUR 350 million the development, management and pr..

Woensdag 21 oktober 2009 | European Union ] The European Investment Bank (EIB) is providing two loans in Hungary: EUR 200 million to co-finance investments focused on the development, management and protection of forests and...

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Hungarian central bank cuts base rate to lowest in 3 years - Summary

Budapest - Hungary's central bank lowered its base rate on Monday from 7.5 to 7 per cent, the lowest level in three years and the fourth consecutive cut in as many months. This latest reduction was a response to continuing...

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