Banking

Banking

OBA repays MNB bridging loan for Sberbank depositor compensation

Hungary's National Deposit Insurance Fund (OBA) on Thursday said it repaid a HUF 147 billion bridging loan from the National...

Banking

EBRD, Sweden, Banca Intesa boost women entrepreneurs in Serbia

The European Bank for Reconstruction and Development is extending an EUR 8 million loan to Banca Intesa Belgrade in Serbia,...

Banking

Banking sector liquidity increases in May

Forint liquidity of Hungary's banking sector rose in May, reflected mainly by an increase in the average stock of lenders'...

Banking

Value of bank card purchases rises one-third in Q1

The value of purchases in Hungary made with locally-issued bank cards climbed 33% year-on-year to HUF 2.606 tln in the...

Banking

Hungarians would like to use bank cards more during domestic holidays

People would like to use their bank cards much more often on holiday, but domestic retailers and service providers are...

Banking

OTP to pay HUF 78.3 bln windfall tax in 2022

OTP Bank, Hungary's biggest commercial lender, will pay HUF 78.3 billion this year on a tax on "extra profit" the...

Banking

Lenders voice opposition to windfall tax

The Hungarian Banking Association warned that burdening the sector with a windfall tax could reduce lending activity in a statement...

Banking

OTP announces deal to set up Chinese JV

OTP Bank, Hungary's biggest commercial lender, on Friday said it agreed with partners to establish a consumer finance joint venture...

Banking

Write-downs weigh on banking sector profit in Q1 

After-tax profit of Hungary's banking sector fell 57% year-on-year to HUF 78 billion in the first quarter, dragged lower by...

Banking

Households continue to make net withdrawals in April

Households withdrew net HUF 21 billion from their bank accounts in April, two months after a tax rebate for families...

Banking

Policymakers raise base rate 50 bp to 5.9%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Banking

Gránit Bank assets up 20% last year

Total assets of Gránit Bank rose 20%, close to HUF 700 billion, last year, chairman-CEO Éva Hegedüs said after the...

Banking

MKB Q1 profit slips as integration costs rise

First-quarter after-tax profit of MKB Bank fell 12% year-on-year to HUF 23.5 billion as integration costs climbed, state news wire...

Banking

Romania’s annual bank deposits growth slows in Apr

The deposits of the non-governmental sector in Romanian banks grew 10.9% on the year to RON 480.6 billion (EUR 97.2...

Banking

Czech household deposits fell in March

For the first time in nearly five years, there has been a decrease in Czech household bank deposits, Czech Radio's...

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...