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International Investment Bank moves to Budapest
In December, the Board of Governors of the International Investment Bank took a decision to move its headquarters to Budapest. Here are five facts you should know about the IIB...
Banking Sector
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News in Brief
Standard and Poor’s upgrades Hungary’s credit rating outlook from 'stable' to 'positive'
Standard and Poor's believes Hungary’s real GDP growth for 2017 “will approach 3.5 percent”
News in Brief
Hungary's banking sector profitable after suffering losses in 2015
The National Bank of Hungary said that of the 111 lenders over which Hungary’s central bank has regulatory authority, 76 were profitable and 35 were loss-making at the pre-tax level
News in Brief
Hungary's central bank to focus on making mortgages more affordable
The National Bank of Hungary’s deputy governor said the bank wanted to ensure a fast expansion of mortgages in the next few years
News in Brief
Budapest Bank chief executive steps down as government take steps to privatize the bank
György Zolnai is to take over at Raiffeisen Bank International's Hungarian subsidiary in May