Investors scoop up offer
MNB will raise interest rate if required, deputy governor says
Annual forecast cut by 25%
To fund fight against coronavirus
Hell Energy makes successful bond issue under central bank scheme
Media group secures B+ issuer rating
IIB now a medium-sized Hungarian bank
For the second consecutive week
Rising Chinese financing in Hungary's energy sector.
New loans down 7.7% y/y in July
Machinery purchases in H1 were 29% higher than a year ago.
The total amount financed was 14% higher than a year earlier.
The loan from Raiffesisen will refinance previous loans and investments.
The credit rating agency reacted to OTP's EUR 500 mn bond issue.
The EBRD is supporting the successful return of Hungary's OTP Bank to the international capital markets with a EUR 60 million investment.
The number of cash withdrawals fell 45% in 5 years.
The debt manager has a number of options to rebalance debt.