USD is historically considered one of the most stable currencies. Investors turn to it both in good times and bad, driving up its value in both instances. This is sometimes…
Tag: Capital
HUF exchange rates in Q1 2025
The HUF/EUR exchange rate has been through a ride over 2024, but since January, EUR is back under HUF 400. USD is also back under HUF 370 since early March.…
Is the loan of the Széchenyi Card Program a good option for your small business?
The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option…
Foreign exchange rates affected by Ukraine war
The war in Ukraine creates uncertainty in the entire region. Scarcity and instability hasten inflation, which at this scale is capable to affect the global economy. These effects are most…
Safe investment when war is coming your way
When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind…
Sberbank liquidation and OBA deposit insurance
As a fallout of the current war between Ukraine and Russia, the Central Bank of Hungary (Magyar Nemzeti Bank or MNB) has recently announced that Sberbank Hungary will be liquidated.…