Banking

Banking

MKB Q1-Q3 Earnings Climb 16%

Consolidated after-tax profit of MKB Bank rose 16% year-on-year to HUF 92.6 billion in Q1-Q3, an earnings report released on...

Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

Erste Bank Hungary is holding a bank holiday from 10:00 in the evening on December 1 until midnight on December...

Banking

EBRD Lends EUR 43 mln to Modernize Serbia Cargo’s Rail Fleet

The European Bank for Reconstruction and Development is stepping up its support for Serbia's rail sector by extending a EUR...

Banking

K&H Bank Fined for Irregularities

The National Bank of Hungary (MNB) on Friday said it fined K&H Bank HUF 48 million for shortcomings and violations...

Banking

OTP Completes EUR 650 mln International Bond Issue

OTP Bank, Hungary's biggest commercial lender, on Friday announced a EUR 650 million issue on the international bond market, according...

Banking

EBRD Provides Guarantees to OTP Units in Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing unfunded risk-sharing facilities to back up to half of EUR...

Banking

Polish Banking Sector Net Profit Fell by 40% in Jan-Sep

The net profit of Poland's banking sector in January-September amounted to PLN 5.52 billion (EUR 1.17 billion), a decrease of...

Banking

Erste Bank Taking Over Customers From Commerzbank

The Commerzbank HQ on the banks of the Danube at Széchenyi rakpart 8 in District V....

Banking

1/4 of Farm Sector Borrowers Join Repayment Moratorium

Around one-quarter of eligible farm sector borrowers have joined a repayment moratorium started in September, the National Bank of Hungary...

Banking

K&H Bank Q1-Q3 Profit Falls 48%

After-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, fell 48% year-on-year to HUF 31 billion in Q1-Q3,...

Banking

Policy Tools Reduce HUF Liquidity of Banking Sector in Oct

Sterilization instruments rolled out by central bank policymakers in October caused forint liquidity in the banking sector to narrow during...

Banking

OTP Could Announce Uzbek Acquisition Soon – Orbán

Prime Minister Viktor Orbán said OTP Bank, Hungary's biggest commercial lender, could announce soon the acquisition of a lender in...

Banking

EBRD Lending EUR 9 mln to Bosnia’s Raiffeisen Bank in SME Support

The European Bank for Reconstruction and Development said it is providing a EUR 9 million loan to Bosnia and Herzegovina's...

Banking

OTP Q3 Earnings Climb 57%

Consolidated third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 57% to HUF 189.2 billion as margins improved...

Banking

Erste Bank Hungary Earnings Fall 59% in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary fell 59% year-on-year to HUF 18.3 billion in Q1-Q3, chairman-CEO Radovan Jelasity said...

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...