Banking

Banking

OTP AGM Approves HUF 300/share Dividend

Shareholders of OTP Bank, Hungary's biggest commercial lender, approved the payment of a HUF 300-per-share dividend at an annual general...

Banking

Erste Group Books Q1 Earnings of EUR 10 mln in Hungary

Austria's Erste Group booked a first-quarter net income of EUR 10 million at its business in Hungary, an earnings report...

Banking

10 Banks Raising Fees on Retail Accounts

Ten banks will raise the fees of their retail accounts due to last year's inflation by May 1, which may...

Banking

Budapest Bourse, China Construction Bank Sign MoU

The Budapest Stock Exchange and China Construction Bank (CCB) have signed a memorandum of understanding on forging ties and knowledge...

Banking

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world's second-biggest bank by assets, opened a branch in Hungary on Wednesday, according to a...

Banking

New Home Loans Reach 6-year Low

The number of new home loans in February fell to less than a third of the year before, to HUF...

Banking

Hungary to Withdraw From IIB

Hungary will exit the International Investment Bank (IIB) and recall its delegates from the lender, the Economic Development Ministry said...

Banking

Investment Fund Subscriptions at HUF 295 bln in February

Net subscription of units of Hungarian investment funds reached HUF 295 billion in February, according to monthly data released by...

Banking

OTP Board Proposes HUF 300/Share Dividend

The board of OTP Bank, Hungary's biggest commercial lender, will propose payment of a HUF 300-per-share dividend to shareholders at...

Banking

Households Deposit HUF 106 bln in February

Households made net deposits of HUF 106 billion in their accounts at Hungarian banks in February, after half a year...

Banking

Raiffeisen Bank Earnings Nearly Double in 2022

After-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 96% to HUF 72.1 billion last year, an earnings report released on...

Banking

MKB Bank Earnings Climb 27% in 2022

Consolidated after-tax profit of MKB Bank rose 27% to HUF 91.2 billion last year, an earnings report published on Thursday...

Banking

MKB Bank, Takarékbank to Hold Bank Holidays as Merger Finishes

MKB Bank and Takarékbank will hold full and partial bank holidays between April 27 and May 2 as the lenders...

Banking

CIB Group Earnings Double in 2022

CIB group's after-tax profit rose 128% to HUF 36.1 billion last year, the lender said on Thursday, according to a...

Banking

Magyar Bankholding Prepares for Final Merger With Good Results

The chief business officer of individual services at Hungarian Bankholding, Levente Szabó, reveals the details behind strong corporate lending results...

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...