Banking

Banking

ÁSZ head urges further incentives for retail gov’t securities

László Domokos, the chairman of the State Audit Office (ÁSZ), put incentivizing households' savings in government securities among the state's...

Banking

EBRD, EU and GIZ support digitalization of SMEs in Bosnia

The European Bank for Reconstruction and Development and the European Union are stepping up support for small and medium-sized businesses...

Banking

Banks make case for ending mortgage rate freeze

The Hungarian Banking Association argued for ending a temporary freeze on floating mortgage rates in a statement issued after their...

Banking

Erste Bank Hungary launches ESOP

Austrian-owned Erste Bank Hungary on Monday announced the launch of an employee stock ownership program (ESOP), according to a report...

Banking

Czech c. bank launches interventions on FX markets 

The Board of the Czech National Bank has decided to launch interventions on foreign exchange markets due to the significant...

Banking

KBC Q1 earnings in Hungary hit by extraordinary OBA contribution

Belgian banking and insurance company KBC booked Q1 net income of EUR 35 million at its business in Hungary, down...

Banking

Banking sector forint liquidity falls in April

Forint liquidity of Hungary's banking sector fell in April, reflected mainly in a decline in the average stock of lender's...

Banking

Romania’s c. bank hikes key rate 

The National Bank of Romania said on Tuesday it will increase its monetary policy rate to 3.75% from 3.00% as...

Banking

Moody’s upgrades Raiffeisen Bank to ‘A3’

Moody's Investors Service yesterday said it upgraded the local and foreign currency long-term deposit ratings of Hungarian lender Raiffeisen Bank...

Banking

KPMG Hungary becomes ‘approved verifier’ of green bonds

The local firm of consultancy KPMG on Tuesday said it has been certified an "approved verifier" of green securities under...

Banking

Investment fund NAV at HUF 10.374 tln

The net asset value of Hungarian investment funds rose by about HUF 170 billion to HUF 10.374 trillion in March...

Banking

Households withdrew HUF 186 bln in March

Hungarian households withdrew a net HUF 186 billion from their bank accounts in March, a month after a tax rebate...

Banking

25% of banks plan tighter corporate lending conditions 

Net 25% of Hungarian banks plan to tighten corporate lending conditions in the second and third quarters, a survey of...

Banking

Erste Bank Hungary books HUF 908 mln Q1 loss

Erste Bank Hungary booked an after-tax loss of HUF 908 million in the first quarter as the lender paid an...

Banking

RBI earnings in Hungary climb to EUR 35 mln in Q1

Austria's Raiffeisen Bank International (RBI) booked an after-tax profit of EUR 35 million at its business in Hungary in the...

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...