Banking

Banking

Hungary Leasing Market Records Double-digit Expansion in 2022

New lease contract value rose 18% to HUF 859 billion in Hungary last year, Hungarian Leasing Association board member Katalin...

Banking

Nova KBM Acquisition Makes OTP Market Leader in Slovenia

With the recently closed acquisition of Nova KBM, OTP Bank's market share in Slovenia will rise to around 30%, making...

Banking

OTP Issues USD 650 mln Bond

OTP Bank, Hungary's biggest commercial lender, announced the issue of a USD 650 million bond on international markets on Thursday,...

Banking

Deloitte: CEE Banking Markets Remain Stable

The Central and Eastern European banking market has remained remarkably stable despite the challenges faced by the region's economies, including...

Banking

Watchdog Clears Final Step of Magyar Bankholding Tie-up

The National Bank of Hungary (MNB) has approved the merger of MKB Bank and Takarékbank, set to take place on...

Banking

Loan Officers Survey Indicates Increased Caution

A quarterly survey of loan officers by the National Bank of Hungary (MNB) shows lenders, as well as borrowers, are...

Banking

S&P Revises OTP Bank Ratings to BBB- After Sovereign Downgrade 

S&P Global has downgraded its ratings for OTP Bank a single notch to BBB-, Hungary's biggest commercial lender said on...

Banking

Gránit Bank to Acquire Controlling Stake in Diófa

Gránit Bank on Friday said it will acquire a majority stake in fund manager Diófa, which has a portfolio of...

Banking

Household Saving Rate Falls to 3.8%

The gross saving rate of Hungarian households fell to 3.8% in the third quarter, data released by the Central Statistical...

Banking

Bulgaria’s BDB Leasing launches new financial product for MSMEs

State-owned Bulgarian Development Bank (BDB) said on Tuesday that its subsidiary BDB Leasing is launching a new financial product to...

Banking

Foreign Ownership in OTP Bank Falls to Around 51%

Foreign ownership in OTP Bank, Hungary's biggest commercial lender, fell to around 51% at the end of last year from...

Banking

Romania’s Lending Growth Slows in November

The value of Romanian banks' outstanding loans to the non-government sector grew 13.2% year-on-year in November, to RON 364.4 billion...

Banking

Gránit Bank Shareholders Approve HUF 2 bln BDPST Capital Raise

Shareholders of Gránit Bank approved a HUF 2 billion capital raise in the lender by Tiberis Digital, a unit of...

Banking

Companies Make Net Deposits of HUF 569 bln in November

Non-financial companies made net deposits of HUF 569 billion in their accounts at Hungarian banks in November, news agency MTI...

Banking

Households Continue to Make Net Withdrawals in November

Households made net withdrawals of HUF 184 billion from their accounts at Hungarian banks in November, monthly data released 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...