Banks to catalogue client fees in coordinated effort to boost transparency

Hungarian banks will provide their clients with a detailed list of service fees they have been charged by the end of January, as part of a coordinated measure that aims to boost transparency and strengthen competition, the spokesman for the National Bank of Hungary’s oversight division said on public television.

Euro money market statistics: seventh maintenance period 2019

Daily average borrowing turnover in the unsecured segment slightly decreased from €120 billion in the sixth maintenance period of 2019 to €119 billion in the seventh maintenance period Weighted average overnight rate on borrowing transactions in the unsecured segment increased from -0.51% to -0.50% for the wholesale sector, and increased from -0.54% to -0.52% for the interbank […]

Euro area quarterly balance of payments and international investment position: third quarter of 2019

The current account of the euro area showed a surplus of €338 billion (2.9% of euro area GDP) in the four quarters to the third quarter of 2019, compared with a surplus of €377 billion (3.3% of euro area GDP) a year earlier (see Table 1). The decrease in the current account surplus reflected a lower surplus for services (down from €120 billion to […]