Banking

Banking

EIB Group Outlays, Guarantees in Hungary Reach EUR 490 mln in 2023

The European Investment Bank Group, including the EIB and the European Investment Fund, supported Hungary's economy with EUR 490 million...

Banking

OTP Raises Capital at Uzbek Unit

OTP Bank has raised capital at its Uzbek unit, Ipoteka Bank, boosting its stake in the lender to 79.58%, according...

Banking

Companies Deposit Net HUF 581 bln at Local Banks

Non-financial companies deposited net HUF 581 billion at local banks in December, state news wire MTI reports citing monthly data...

Banking

Households Deposit Net HUF 375 bln at Bank Accounts in Dec

Households made net deposits of HUF 375 bln into their accounts at Hungarian banks in December, monthly data released by...

Banking

Raiffeisen Books EUR 264 mln Profit in Hungary in 2023

Raiffeisen Bank International booked after-tax profit of EUR 264 million at its business in Hungary last year, up 44%, an...

Banking

Exim Reopens Applications for Reindustrialization Loan Program

Exim Hungary has reopened the acceptance of applications for the Gábor Baross Reindustrialization Loan Program, according to hrportal.hu....

Banking

Lender Liquidity Increases in December

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

Banking

Foreign Ownership in OTP Bank Close to 55%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, rose close to 55% at the end of last year from...

Banking

Gránit Bank Renames Fund Manager

Gránit Bank has renamed fund manager Diófa, which it acquired in November, Gránit Fund Manager, the lender said on Friday,...

Banking

Households Make Net Deposits at Bank Accounts in November

Households made net deposits of HUF 128 billion into their accounts at Hungarian banks in November, news agency MTI reports,...

Banking

Value of Bank Card Payments Climbs 17% in Q3

The value of payments in Hungary made with locally-issued bank cards climbed 17% year-on-year to HUF 3.736 trillion in the...

Banking

Lender Liquidity Increases

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

Banking

Voluntary Rate Caps to Fall

Economic Development Minister Márton Nagy and representatives of the Hungarian Banking Association have agreed on reductions in lenders' voluntary rate...

Banking

EBRD Parts With Stake in Erste Bank Hungary

The European Bank for Reconstruction and Development (EBRD) has sold its 15% stake in Erste Bank Hungary back to Austria's...

Banking

Number of Bank Branches Continues Decline

The number of domestic bank branches had decreased to 1,445 by September, which is less than half of the 2013...

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...