Banking

Banking

Italy energy firms banned from passing on new tax

The Italian government has banned energy firms from passing on a new tax to their customers, the text of the...

Banking

Italy energy firms banned from passing on new tax

The Italian government has banned energy firms from passing on a new tax to their customers, the text of the...

Banking

Hungary: The euro and a tax reform would save us

The economy research institute GKI Zrt advises the government to take some measures which focus only few areas but suitable...

Banking

Hungary: The euro and a tax reform would save us

The economy research institute GKI Zrt advises the government to take some measures which focus only few areas but suitable...

Banking

EcoMin names reduction in bureaucracy costs important goal

It should be an important goal to reduce the cost of bureaucracy for businesses by Ft 750-800 billion, Minister of...

Banking

EcoMin names reduction in bureaucracy costs important goal

It should be an important goal to reduce the cost of bureaucracy for businesses by Ft 750-800 billion, Minister of...

Banking

EU executive to suggest more flexibility on VAT

European Union member states would be freed to lower rates of value added tax (VAT) on items ranging from restaurant...

Banking

EU executive to suggest more flexibility on VAT

European Union member states would be freed to lower rates of value added tax (VAT) on items ranging from restaurant...

Banking

Faster growth impossible without budget reform – Bokros

An acceleration of Hungary’s economic growth is unimaginable without a broad reaching budget reform, head of the Central European University...

Banking

Faster growth impossible without budget reform – Bokros

An acceleration of Hungary’s economic growth is unimaginable without a broad reaching budget reform, head of the Central European University...

Banking

FinMin: Hungary should consider windfall profit tax on energy companies

Finance Minister János Veres on Friday said it would be worthwhile for Hungary to consider introducing a “Robin Hood” tax...

Banking

FinMin: Hungary should consider windfall profit tax on energy companies

Finance Minister János Veres on Friday said it would be worthwhile for Hungary to consider introducing a “Robin Hood” tax...

Banking

Romania renews talk of Petrom contract review

Romania has renewed threats to review the privatization contract of local oil company Petrom in a pricing row that has...

Banking

Romania renews talk of Petrom contract review

Romania has renewed threats to review the privatization contract of local oil company Petrom in a pricing row that has...

Banking

EC likely to reject Hungary fuel excise tax request

The European Commission has said it does not support the lowering of excise tax content of vehicle fuel to cushion...

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...