Banking

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

Loan Officers Survey Points to Tighter Corporate Credit Conditions

About 71% of Hungarian banks expect to tighten conditions for corporate credit in Q4 2022 and Q1 2023, the latest...

Banking

MKB Fund Plows EUR 15 mln Into Opus Agribusiness

Listed holding company Opus Global on Friday announced a decision on a EUR 15 mln capital raise at its agribusiness...

Banking

Companies Borrow Close to HUF 200 bln in September

Non-financial companies borrowed a net HUF 197 billion from Hungarian banks in September, state news wire MTI reports, citing monthly...

Banking

Households Make Net Withdrawals From Bank Accounts in Sep

Households made net withdrawals of HUF 124 billion from their accounts at Hungarian banks in September, monthly data released by...

Banking

OTP Bank Reducing Home Loan Products

OTP Bank is reducing the number of home loan products, according to profitline.hu....

Banking

Banking Assoc Criticizes Extension of Lending Rate Freeze to SMEs

"The high level of burdens on banks and the uncertainty caused by subsequent intervention in contractual relations has now reached...

Banking

EBRD Lending EUR 40 mln to Serbia’s Addiko Bank to Support SMEs

The European Bank for Reconstruction and Development said on Wednesday it will provide a loan of EUR 40 million to...

Banking

Central Bank Policymakers Leave Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

Banking

Gov’t Extends Lending Rate Freeze to Small Businesses

Hungary's government has decided to extend a freeze on lending rates to SMEs, Gergely Gulyás, the head of the Prime...

Banking

OTP Marks Financial Education Foundation Milestone

OTP Bank, Hungary's biggest commercial lender, marked the 30th anniversary of the establishment of the OTP Fáy András Foundation on...

Banking

Sberbank Depositors to Receive Full Claim, MNB Dep. Governor Says

The depositors of Sberbank will receive their full claim, with compensation starting next week, Csaba Kandrács, deputy governor of the...

Banking

MNB Fines Raiffeisen HUF 52 mln for Violations

The National Bank of Hungary (MNB) on Saturday said it fined Austrian-owned Raiffeisen Bank HUF 52 million for violating the...

Banking

Volume of Consumer Credit Contracts Falls 8%

The volume of consumer credit contracts concluded in the first eight months of the year fell by nearly 8% compared...

Banking

Romania C. Bank Raises Rates Further

Romania's central bank hiked the key policy rate on Wednesday, for the ninth session in a row, in a bid...

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...

K&H Bank and Mastercard Extend Strategic Partnership Through 2030

K&H Bank and Mastercard have extended their exclusive strategic partnership through 2030, with plans to expand personalized digital financial services...

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...