The number of payment cards issued in Hungary declined by 0.9% on the year to 8.88mn as of end-2012, data from the central bank showed. The number of debit cards remained flat on the year at 7.66mn but the number of credit cards dropped by 5.7% y/y to 1.24mn. In quarterly terms, the total number of payment cards edged down by 0.4%, as credit cards were down by 1.8% q/q and the number of debit cards declined at the slower pace of 0.2%. There were 4,758 ATMs in the country at end-2012, down from 4,951 at end-2011 and 4,805 at end-September 2012. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more