Banking

Banking

Home Loan Outlays Halved in H1

Home loan outlays in Hungary dropped 50% year-on-year to HUF 294 billion in the first half, state news wire MTI...

Banking

MBH Bank Issued EUR 350 mln in MREL-eligible Bonds

MBH Bank issued MREL [minimum requirement for own funds and eligible liabilities]-eligible bonds with a nominal value of EUR 350...

Banking

Forint Liquidity of Banking Sector Decreases in September

Forint liquidity of the Hungarian banking sector declined in September, reflected in a drop in the average stock of lenders'...

Banking

UniCredit Mortgage Bank Issues HUF 20 bln Green Bond

UniCredit Mortgage Bank has sold HUF 20 billion of green bonds at auction, the Hungarian lender said on Wednesday, according...

Banking

MBH Bank Opens 1st Digital Kiosk in Budapest

MBH Bank debuted its first digital customer service point, installed at the University of Veterinary Medicine in Budapest, at the...

Banking

Nagy Thanks Lenders for Cooperation in Capping Rates

Minister of Economic Development Márton Nagy thanked lenders for their cooperation in implementing voluntary rate caps on new corporate and...

Banking

Minister Asks Banks to Introduce Voluntary Rate Caps

Economic Development Minister Márton Nagy has asked lenders to apply voluntary rate caps to new corporate and retail credit from...

Banking

K&H Mobile App Introduces Voice-based Digital HUF Transfers

K&H's mobile bank is the first in the Hungarian financial sector to introduce voice-based digital HUF transfers, Andrea Király, head...

Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

MBH Bank closed the acquisition of Duna Takarék Bank on Friday, Hungary's second-biggest commercial lender said, according to a report...

Banking

Banks to Draft Lending Recovery Plan

The Hungarian Banking Association agreed to draft a package of measures banks can take to support the recovery of the...

Banking

Value of Bank Card Payments Climbs 24% in Q2

The value of payments in Hungary made with locally-issued bank cards climbed 24% year-on-year to HUF 3.733 trillion in the...

Banking

Forint Liquidity of Banking Sector Increases in August

Forint liquidity of the Hungarian banking sector expanded in August, mainly reflected in an increase of average stock of lenders'...

Banking

MBH Bank Recognized at Private Banking Hungary Awards

The best of the private banking, wealth management and premium banking professions were awarded at Blochamps Capital's gala evening, with...

Banking

K&H H1 Profit Climbs to HUF 35.8 bln

First-half earnings of K&H Bank, the Hungarian unit of Belgium's KBC, reached HUF 35.8 billion, increasing from HUF 9.7 bln...

Banking

Eximbank Takes out EUR 300 mln Loan From ING Bank

Magyar Eximbank has taken out a EUR 300 million, long-term loan from ING Bank to finance lending to local businesses...

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...