Banking

Banking

Romania c. bank FX reserves rise in Dec

The National Bank of Romania announced that the foreign exchange (FX) reserves stood at EUR 40,475 million on December 31,...

Banking

BDPST acquires 57% stake in Gránit Bank

Hungarian-owned BDPST Zrt. last week said it signed a contract to acquire a 57% stake in Gránit Bank, according to...

Banking

OTP raises capital at Romanian unit 

OTP Bank, Hungary's biggest commercial lender, has raised capital at its Romanian unit for the second time this year, by...

Banking

Banking assoc doesn’t support mortgage rate freeze

The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates,...

Banking

OTP Bank closes int’l bond transactions successfully

OTP participated in two successful international bond transactions in November. As part of a syndicate of dominant investment banks in...

Banking

Erste Bank Hungary acquires Commerzbank Zrt

Erste Bank Hungary has agreed to acquire 100% of Commerzbank's local corporate banking subsidiary Commerzbank Zrt, Austria's Erste Group said...

Banking

EBRD invests EUR 5 mln in Lithuanian Green Bond

The European Bank for Reconstruction and Development said it is investing EUR 5 million in a EUR 25 million Green...

Banking

Value of bank card purchases up 21% y.o.y. in Q3 

The value of purchases in Hungary made with locally-issued bank cards climbed 21% year-on-year to HUF 2.457 trillion in the...

Banking

Hungary issues green panda bond

Hungary has become the first country in the world to successfully issue a green "panda" bond - targeted at the...

Banking

Erste Bank Hungary issues debut, HUF 10.43 bln green bond

Erste Bank Hungary on Monday announced the issue of a HUF 10.43 billion green mortgage bond, the lender's first, according...

Banking

Banking sector liquidity rises in November

Forint liquidity of Hungary's banking sector increased in November, mainly reflected in an increase in credit institutions' average stock of...

Banking

EBRD extends EUR 5 mln to Banka për Biznes in Kosovo

The European Bank for Reconstruction and Development said in a statement it is extending a EUR 5 million loan to...

Banking

MNB raises 1-week depo rate by 20 bp to 3.3%

The National Bank of Hungary (MNB) announced a rate of 3.3% for its one-week deposit facility ahead of a tender...

Banking

EBRD lends EUR 20 mln to OTP Banka Serbia to on-lending SMEs

The European Bank for Reconstruction and Development said it is extending a loan of RSD 2.3 billion (appr. EUR 20...

Banking

Banking sector profits double in Q1-Q3 

Net profit of Hungary's banking sector rose 111% year-on-year to HUF 642 billion in Q1-Q3, as impairment declined and business...

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...