Banking

Banking

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Banking

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Banking

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Banking

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Banking

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Banking

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

Banking

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Banking

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Banking

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Banking

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

Banking

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Banking

Ukraine Crisis: OTP still serving customers in Ukraine

OTP Bank has told the Budapest Business Journal it is still serving customers in Ukraine where it can do so...

Banking

Romanian c. bank FX reserves fall in Feb

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, fell to EUR 41.877 billion at the end...

Banking

Households make net withdrawals from bank deposits in Jan

Households made net withdrawals of HUF 166 billion from bank deposits in January, state news wire MTI reports citing data...

Banking

MNB withdraws Sberbank Magyarország license

The National Bank of Hungary (MNB) said it withdrew the lending license of Russian-owned Sberbank Magyarország because of its "serious...

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...