Banking

Banking

KBC Books Q2 Net Income of EUR 63 mln in Hungary

Belgium's KBC booked a net income of EUR 63 mln at its banking and insurance businesses in Hungary in the...

Banking

Invoice Factory Operators Charged

The Metropolitan Prosecutor's Office brought charges against members of a criminal organization in Budapest who, between 2016 and 2020, operated...

Banking

Invoice Factory Operators Charged

The Metropolitan Prosecutor's Office brought charges against members of a criminal organization in Budapest who, between 2016 and 2020, operated...

Banking

Erste Bank Hungary H1 After-Tax Profit Reaches HUF 46.7 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary reached HUF 46.7 billion, climbing from HUF 4.4 bln in the base...

Banking

Erste Bank Hungary H1 After-Tax Profit Reaches HUF 46.7 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary reached HUF 46.7 billion, climbing from HUF 4.4 bln in the base...

Banking

Households Continue to Make Net Withdrawals in June

Households made net withdrawals of HUF 278 billion from their accounts at Hungarian banks in June, news agency MTI reports,...

Banking

K&H Offering Currency Conversion Cost Refunds

K&H is refunding the currency conversion cost of card purchases for users who pay abroad, from August to the end...

Banking

Erste Bank Hungary Earnings Near EUR 108 mln in H1

Erste Bank Hungary's first-half net income reached EUR 107.9 million, climbing from EUR 6.6 mln in the base period, news...

Banking

OTP Acknowledges EU-wide Stress Test Results

OTP Bank, Hungary's biggest commercial lender, acknowledged on Friday the results of a 2023 stress test conducted by the European...

Banking

EUR 20 mln Guarantee for OTP Leasing Ukraine Operations by EBRD

The European Bank for Reconstruction and Development is supporting agribusiness and other critical industries in Ukraine by providing a EUR...

Banking

MBH Bank to Acquire Duna Takarék Bank

MBH Bank has signed a contract on the acquisition of a 98.46% stake in Duna Takarek Bank, Hungary's second-biggest commercial...

Banking

Euromoney Names UniCredit Best Bank in CEE

UniCredit Bank has received the award of Best Bank in Central and Eastern Europe from the Euromoney Awards for Excellence,...

Banking

Gránit Bank Offering New Student Bank Account Package

Gránit Bank is offering a new bank account package designed for students between 18 and 26 under the name Gránit...

Banking

Average Budapest Mortgage Over HUF 19 mln

Mortgages taken out by homebuyers in Budapest averaged HUF 19.3 million in the second quarter, one-third to over 50% more...

Banking

OTP Acquires Serbian Fund Manager

OTP Bank's fund manager, OTP Alapkezelő, and its Serbian unit OTP Bank Srbija have acquired Serbian fund manager Ilirika DZU...

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...