Banking

Banking

OTP closes Albanian acquisition

OTP Bank on Monday announced the close of the acquisition of Alpha Bank Albania, according to a report by state...

Banking

N. Macedonia’s central bank raises key policy rate 

North Macedonia's central bank said on Wednesday it decided to increase its policy rate by 0.50 percentage points (pp) to...

Banking

Banking sector forint liquidity falls on swaps impact

Forint liquidity of Hungary's banking sector declined in June as the central bank held end-of-quarter swap tenders providing euro liquidity,...

Banking

Romania’s c. bank raises key rate further

Romania's central bank raised its monetary policy rate on Wednesday amid rampant inflation due to increased prices for electricity and...

Banking

Raiffeisen Bank inaugurates bigger service center in Nyíregyháza

Austrian-owned Raiffeisen Bank inaugurated a new office building to accommodate the more than 400 staff at its service center in...

Banking

Transactions lift corporate lending stock in May

Non-financial companies were net borrowers to the tune of HUF 75 billion in May, but withdrew net HUF 27 bln...

Banking

Households continue to make net withdrawals in May

Households withdrew a net HUF 149 billion from their bank accounts in May, three months after a tax rebate for...

Banking

EBRD and ProCredit promote energy efficiency in Albania

The European Bank for Reconstruction and Development is stepping up efforts to improve energy efficiency in Albania with a EUR...

Banking

40,000 take out HUF 140 bln in ‘consumer-friendly’ personal loans

Nearly 40,000 customers have signed contracts for HUF 140 billion of fixed-rate personal loans certified "consumer-friendly" by the National Bank...

Banking

Over 80,000 retail clients still avail of repayment moratorium

In April around 82,000 retail clients were still participating in a conditional repayment moratorium in force from November 1, the...

Banking

Romania’s annual bank deposits growth in May

The deposits of the non-governmental sector in Romanian banks grew 10.4% year-on-year to RON 481 billion (EUR 97 billion) in...

Banking

Diákhitel raises rate on general-purpose student loans to 4.99%

State-owned student loan provider Diákhitel on Monday said the interest rate on its free-purpose loans will rise to 4.99% from...

Banking

Raiffeisen Bank fined for failure to remedy shortfalls

The National Bank of Hungary (MNB) on Tuesday said it fined Austrian-owned Raiffeisen Bank HUF 34 million for failing to...

Banking

Serbia’s gross FX reserves decreases in May

National Bank of Serbia gross foreign exchange (FX) reserves amounted to EUR 13.9 billion at end-May, the central bank has...

Banking

N. Macedonia’s c. bank raises key policy rate 

North Macedonia's central bank said on Wednesday it decided to raise its policy rate by 0.25 percentage points to 2%,...

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...