Banking

Banking

Budapest Bank merger into MKB Bank cleared

The National Bank of Hungary (MNB) has cleared the merger of Budapest Bank and Magyar Takarék Bankholding into MKB Bank...

Banking

Bond issues lift corporate lending stock in December

Bond subscription accounted for close to two-thirds of the transaction-based increase in Hungarian banks' corporate lending stock in December, state...

Banking

Romania’s annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 479 billion (EUR 97...

Banking

EBRD, EU provide EUR 5 mln to Moldova’s Eximbank for on-lending to MSMEs

The European Bank for Reconstruction and Development and the European Union are jointly lending EUR 5 million to Moldova's Eximbank...

Banking

Financial Arbitration Board allows online submissions from Jan

The Financial Arbitration Board (FAB), a body established 10 years ago by the National Bank of Hungary (MNB) to resolve...

Banking

Banking association signs agreement with DJP

The Digital Welfare Program (DJP) and the Hungarian Banking Association have signed a cooperation agreement to improve the digital awareness...

Banking

BÁV: Demand for gold remains strong 

Demand for investment gold bullion (BCA) in stores of BÁV was much stronger than expected last year, writes profitline.hu....

Banking

Credit Demand Index falls in December

The Bank360 Retail Credit Demand Index fell to 82.9% in December, down from 88.8% in November, but slightly above the...

Banking

Serbian c. bank FX reserves up in 2021

The gross foreign exchange (FX) reserves held by Serbia's central bank rose by EUR 3.0 billion in 2021, reaching EUR...

Banking

Banking sector HUF liquidity falls in Dec amid EUR swap tenders

Forint liquidity of Hungary's banking sector fell in December as the central bank allotted euro liquidity swaps to manage end-of-quarter...

Banking

Domestic ownership in OTP Bank rises

Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure...

Banking

LTV ratios edge lower, mortgage maturities get longer

Loan-to-value ratios for home mortgages are declining, while borrowers take out loans with longer maturities, state news wire MTI writes,...

Banking

MNB fines Raiffeisen insurance broker HUF 35 mln

The National Bank of Hungary (MNB) on Monday said that it fined insurance broker Raiffeisen Biztosításközvetítő HUF 35 million for...

Banking

220,00 utilizing credit moratorium until June 30

The credit moratorium will help those in need until June 30 this year and will be used by 220,000 retail...

Banking

Poland’s c. bank hikes key rate 

Poland's central bank raised interest rates on Tuesday and suggested further tightening was on the horizon as the country grapples...

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...