Banking

Banking

K&H: Demand for Market Housing Loans Much Higher in January

The demand for market housing loans was much higher at K&H in January this year than a year earlier, the...

Banking

OTP Earnings Climb in 2023

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, was muted, as acquisition and divestment costs weighed, but...

Banking

Banking Sector Profit More Than Doubles in 2023

After-tax profit of Hungarian banks rose 130% to HUF 1.929 trillion in 2023, state news wire MTI reports, citing data...

Banking

Erste Bank Hungary Profit Climbs to HUF 115 bln in 2023

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 115 billion in 2023, more than double the HUF 53 bln...

Banking

Households Make HUF 164 bln of Net Withdrawals in January

Households made net withdrawals of HUF 164 billion from their accounts at Hungarian banks in January, news agency MTI reports,...

Banking

Erste Group Earnings in Hungary Double in 2023

Austria's Erste Group booked net income of EUR 265 million at its banking business in Hungary last year, up 112%,...

Banking

Personal Loans up Dramatically in 2023

The number of Hungarians taking out personal loans rose dramatically last year, according to data from the National Bank of...

Banking

MBH Bank Introduces MREL-eligible Bonds on BSE

MBH Bank introduced its first international, MREL-eligible bonds to the debt securities section of the Budapest Stock Exchange, so they...

Banking

Hungary Leasing Market Grows Close to 6% in 2023

New lease contract value rose 5.5% to HUF 909.5 billion in Hungary last year, the head of the Hungarian Leasing...

Banking

Corvinus University, OTP Launch Joint Mentoring Program

On February 16, Corvinus University of Budapest and OTP Bank launched a joint mentoring program with nine mentor-mentee pairs. Thanks...

Banking

Gov’t to Make HUF 130 bln of 0% SME Credit Available From Q2

The government will make HUF 130 billion in 0% credit available to SMEs to boost competitiveness from the second quarter,...

Banking

Banking Sector Forint Liquidity up in January

Forint liquidity of the domestic banking sector rose in January, indicated by an increase in the average stock of central...

Banking

K&H Bank Earnings Reach HUF 108 bln in 2023

The after-tax profit of K&H Bank, the local unit of Belgium's KBC, rose 60% to HUF 108 billion in 2023,...

Banking

OTP Agrees to Sell Romanian Business for EUR 347.5 mln

OTP Bank, Hungary's biggest commercial lender, on Friday announced the conclusion of an agreement to sell OTP Bank Romania to...

Banking

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

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...