First purchase: half a Hungarian bank, for $10 million.

It is the first time a majority of shares in a state-owned Hungarian bank has been sold to strategic investors.

He says that not even the recent reorganization of Hungarian banks, designed to force them to get tough with unprofitable corporate customers, has helped.

The group purchased half of a Hungarian bank and plans other investments in Eastern Europe.

Therefore the medium term inflation target of the Hungarian National Bank is 3%.

The Hungarian national bank depleted its supply of precious metals and foreign currency during a period of a few weeks in 1931.

The Hungarian National Bank invited him to participate in a competition for new treasury notes.

The Hungarian National Bank on the opposite side of the square is the work of the same architect.

The Hungarian National Bank will continue to exchange these notes for twenty years, until August 31, 2027.

In part this is because of political changes creating doubts about the independence of the Hungarian National Bank.