As a result of a series of government initiatives, both households and institutional players have significantly increased their holdings of government bonds. In an unprecedented manner, households now hold a larger amount of government bonds than bank deposits.
In his remarks at the inauguration of a new granulation plant established by Swiss Omya in Eger, Minister of Foreign Affairs and Trade Péter Szijjártó highlighted that this year a record €6.5 billion worth of foreign investments have materialized in Hungary, demonstrating that international trust in the Hungarian economy remains unbroken.
The new Hungarian owners aim to protect their users by already having local customer service in place for the Jófogás, Vatera.hu, Használtautó.hu, and Ingatlan.com marketplaces. They plan to compete with global players with world-class operations driven by a local touch and understanding of the market. The Ingatlan.com portfolio also includes Money.hu, a site that compares banking, financial, and insurance products, which complements the marketplaces.