Banking

Banking

Lending Slowdown in Hungary in Line With Int’l Trends

A slowdown in lending in Hungary is in line with international trends, but a pickup is anticipated in the second...

Banking

M&A Activity Impacts Banking Sector Profit

First-half net income of Hungarian banks jumped 333% year-on-year to HUF 978 billion, lifted by the impact of a merger...

Banking

Competition Driving Down Interest Rates on Home Loans

The competition between banks for good customers is increasing, and to this end, loan interest rates at financial institutions have...

Banking

Instant Payment System Transaction Threshold Rises to HUF 20 mln

The value threshold for transactions made using Hungary's instant payment system has risen from HUF 10 million to HUF 20...

Banking

Countries With Most to Least Expensive ATM Transaction Fees

Wise, a foreign exchange company based in the United Kingdom, analyzed 20 European countries to compile a list of where...

Banking

Households Continue to Make Net Withdrawals in July

Households made net withdrawals of HUF 154 billion from their accounts at Hungarian banks in July, monthly data released by...

Banking

MBH Group H1 Earnings Reach HUF 84.7 bln

The after-tax profit of MBH Group, Hungary's second-biggest commercial lender, reached HUF 84.7 bln in the first half, state news...

Banking

Companies Net Borrowers in July

Non-financial companies borrowed net HUF 165 billion from local lenders in July, news agency MTI reports, citing monthly data released...

Banking

Lenders’ Sentiment Worsens in H1

Banks' economic sentiment deteriorated in the first half of the year, news agency MTI reports, citing a survey conducted by...

Banking

Moody’s Upgrades Erste Bank Rating

Credit rating agency Moody's upgraded the long-term deposit rating of Erste Bank Hungary, according to a recent report....

Banking

MBH Mortgage Bank Green Portfolio Increasing

The proportion of green financing in MBH Mortgage Bank’s outsourced loan portfolio is constantly increasing, according to the 2022 sustainability...

Banking

MNB Fines MBH Bank HUF 87 mln

The National Bank of Hungary (MNB) has fined MBH Bank HUF 87 million for regulatory shortcomings uncovered in a comprehensive...

Banking

Hungary Leasing Market Grows 2% in H1

Leasing outlays rose 2% year-on-year to HUF 429.1 billion in the first half of this year, news agency MTI writes...

Banking

Forint Liquidity of Banking Sector Grows in July

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

Banking

OTP Q2 Profits Surge to HUF 382 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, jumped 402% year-on-year to HUF 382.1 billion, supported by...

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...