Banking

Banking

MOL to be main “victim” of Robin Hood tax

Energy producers and distributors/traders will have to pay an extra 8% profit tax next year according to a bill submitted...

Banking

Gov’t package to reduce taxes by Ft 205 bln in 2009

The government’s tax package will reduce the tax burden by a gross Ft 205 billion next year, under the originally...

Banking

Gov’t package to reduce taxes by Ft 205 bln in 2009

The government’s tax package will reduce the tax burden by a gross Ft 205 billion next year, under the originally...

Banking

Hungary: Tax cut is not a magic tool

The government plans a tax cut from 2009, but the necessary reserves are only available for the first year, Prime...

Banking

Hungary: Tax cut is not a magic tool

The government plans a tax cut from 2009, but the necessary reserves are only available for the first year, Prime...

Banking

Hungary: FinMin rejects employers’ call for bigger cuts in payroll tax

Finance Minister János Veres rejected employers’ proposals for bigger cuts in payroll tax because of a lack of resources at...

Banking

Hungary: FinMin rejects employers’ call for bigger cuts in payroll tax

Finance Minister János Veres rejected employers’ proposals for bigger cuts in payroll tax because of a lack of resources at...

Banking

Hungary: Economist sees little shift in tax burden proposals

Tax changes proposed by the government would do little to change the tax burden for Hungarians, András Vértes, head of...

Banking

Hungary: Economist sees little shift in tax burden proposals

Tax changes proposed by the government would do little to change the tax burden for Hungarians, András Vértes, head of...

Banking

Gov’t tax proposals little changed from PM’s Consensus Program

The government’s tax proposals, to be submitted to Parliament this month, are little changed from the prime minister’s Consensus Program,...

Banking

Gov’t tax proposals little changed from PM’s Consensus Program

The government’s tax proposals, to be submitted to Parliament this month, are little changed from the prime minister’s Consensus Program,...

Banking

PM seeks compromise on economic stimulus package

Hungarian Prime Minister Ferenc Gyurcsány called for a compromise on a broad-ranging economic stimulus package and said several other elements...

Banking

PM seeks compromise on economic stimulus package

Hungarian Prime Minister Ferenc Gyurcsány called for a compromise on a broad-ranging economic stimulus package and said several other elements...

Banking

Business association supports PM’s economic plan, wants more tax cuts

The board of the Hungarian Association of Industrialists and Employers (MGyOSz) welcomes certain elements of an economic stimulus package proposed...

Banking

Business association supports PM’s economic plan, wants more tax cuts

The board of the Hungarian Association of Industrialists and Employers (MGyOSz) welcomes certain elements of an economic stimulus package proposed...

Banking

Green Lending Surges Past HUF 1.1 tln as Energy‑Storage Projects Accelerate

Hungary’s green‑loan portfolio grew from HUF 994.9 billion to HUF 1.105 trillion in Q1 2026, driven by more than HUF...

Banking

OTP Bank Q2 Earnings Fall 7% as Interest Rate Cap Weighs on Profit

Second-quarter after-tax profit at OTP Bank, Hungary’s biggest commercial lender, fell 7% year-on-year to HUF 305.8 bln, an earnings report...

Banking

Hungary Leasing Market Grows 8.7% in H1 2026

The value of new leases in Hungary rose 8.7% year-on-year to HUF 520 billion in the first half of 2026,...

Banking

“We Aim to Play the Same Role in CEE as We Do at Home”

OTP Fund Management is continuing its growth across the region. According to CEO György Éder, international expansion is not a...

Banking

OTP Group Named Best Retail Bank in CEE at Euromoney Awards

OTP Group received 13 awards at the 2026 Euromoney Awards for Excellence, including the title of Best Retail Bank in...

OTP Forecasts Hungary’s GDP Growth at 1.7% in 2026, 2.5% in 2027

Hungary’s economy could expand by 1.7% this year and 2.5% in 2027, with household consumption driving growth in 2026, according...

Net-zero Transition Becoming a Core Banking Issue

Banks have a central role to play in financing Hungary’s transition to a lower-carbon economy, not by withdrawing from carbon-intensive...

Cash Flow Under Pressure: How Factoring Supports Business Resilience

In an increasingly uncertain economic environment, companies are placing greater emphasis on liquidity, as well as operational resilience....

OTP Accounts for 53% of Hungarian Banking Groups’ Total Assets

OTP Bank’s consolidated total assets accounted for 53% of the combined balance sheet of banking groups in Hungary at the...

Hungarian Banking Sector Profit Declines 22% in H1 2026

Hungarian banks’ combined after-tax profit fell 22% year-on-year to HUF 685 billion in the first half, data released by the...

MBH Bank Posts HUF 88 bln Adjusted Comprehensive Income in H1

MBH Bank reported adjusted total comprehensive income of over HUF 88 bln in H1 2026, HUF 780 mln above the...

Green Lending Surges Past HUF 1.1 tln as Energy‑Storage Projects Accelerate

Hungary’s green‑loan portfolio grew from HUF 994.9 billion to HUF 1.105 trillion in Q1 2026, driven by more than HUF...

OTP Bank Q2 Earnings Fall 7% as Interest Rate Cap Weighs on Profit

Second-quarter after-tax profit at OTP Bank, Hungary’s biggest commercial lender, fell 7% year-on-year to HUF 305.8 bln, an earnings report...

Hungary Leasing Market Grows 8.7% in H1 2026

The value of new leases in Hungary rose 8.7% year-on-year to HUF 520 billion in the first half of 2026,...

Household Lending Hits Historic High in June

Hungary recorded an unprecedented jump in household lending in June 2026, with monthly new loans surpassing HUF 500 billion for...

“We Aim to Play the Same Role in CEE as We Do at Home”

OTP Fund Management is continuing its growth across the region. According to CEO György Éder, international expansion is not a...

OTP Group Named Best Retail Bank in CEE at Euromoney Awards

OTP Group received 13 awards at the 2026 Euromoney Awards for Excellence, including the title of Best Retail Bank in...

Banking Association Presses for Predictable Economic Policy

Hungarian Banking Association leaders congratulated the new government and said lenders were ready to play an active role in supporting...

Strong International Demand for MBH Bank’s Bonds

MBH Bank has completed another international bond issuance under its international program, placing EUR 500 mln of MREL-eligible bonds amid...

MBH Mortgage Bank Issues EUR 500 mln Covered Bond

MBH Mortgage Bank has issued a EUR 500 mln benchmark-sized covered bond on the international capital market, attracting total demand...