Hungary's OTP bank, Central Europe’s largest independent lender, purchased 96.69 per cent of the shares of Mobiasbanca, a Societe Generale’s subsidiary in Moldova. OTP acquired the Chisinau-based bank through a number of transactions.
Wednesday (March 27) saw the launch of trading in securities of International Investment Bank (IIB) on the Budapest Stock Exchange (BSE).
The Hungarian economy will record an advance of 4.1% in 2018 and 3.2% in 2019, the World Bank projected in its fresh biannual Global Economic Prospects report. Global economic growth will remain robust at 3.1 percent in 2018, before slowing g
Hungarian Prime Minister Viktor Orban, 54, has secured a third successive term in office after his Fidesz party claimed a landslide victory in Sunday's parliamentary elections.
Hungaryʼs banking sector liquidity fell in November from a month earlier, the National Bank of Hungary (MNB) said in a report on Wednesday based on preliminary data.
The Hungarian economy continues to grow at a solid pace. According to data released by the Central Statistics Office (KSH), the economy expanded 3.2% annually in the second quarter of 2017.
By Marton Dunai
By Marton Dunai and George Georgiopoulos
By Marton Dunai BUDAPEST, July 17 (Reuters) - The Hungarian blue chip stock index reached new all-time highs on Monday as emerging European indices rose, bouyed by cautious U.S. rate policy and Chinese growth.
Serbia, China and Hungary agreed to start talks as soon as possible on the modernisation of the transport corridor to the Greek port of Piraeus.