Banking

Banking

Black Sea Bank to help Bulgarian SMEs

Bulgaria's National Guarantee Fund (NGF) and the Black Sea Trade and Development Bank (BSTDB) signed a Framework Agreement for a...

Banking

Moldova hikes key rate by 100 bp

The National Bank of Moldova raised its benchmark interest rate by 100 basis points to 6.5% on Friday, citing inflationary...

Banking

Prenatal baby support loans at HUF 1.502 tln

Hungarian lenders' stock of prenatal baby support loans stood at HUF 1.502 trillion at the end of October, up HUF...

Banking

Eximbank assets rise ‘over 15%’

Magyar Eximbank yesterday said its total assets have risen by "over 15%" from the end of last year, according to...

Banking

Repayment moratorium participation rate continues to fall 

According to preliminary data, 2% of the corporate loan portfolio, and 5% of household loan portfolio continued to participate in...

Banking

MNB prescribes capital buffer rates for biggest lenders

The National Bank of Hungary (MNB) on Wednesday prescribed capital buffer rates for the country's seven "systemically important" banking groups,...

Banking

EBRD approves EUR 15 mln loan to Bosnia’s Raiffeisen Leasing in SMEs support

The European Bank for Reconstruction and Development said it has approved a EUR 15 million senior unsecured loan to Bosnia's...

Banking

MNB fines Sberbank HUF 41 mln

The National Bank of Hungary (MNB) yesterday said it fined Sberbank HUF 41 million for regulatory violations in a release...

Banking

MKB profit reached HUF 54.5 bln in Q1-Q3

The after-tax profit of MKB Bank reached HUF 54.5 billion in Q1-Q3, more than quadrupling the HUF 13.3 bln in...

Banking

Bulgaria’s non-govt deposit growth slows in Oct

The deposits of Bulgaria's non-government sector increased by 11.3% year-on-year in October, reaching BGN 100.7 billion (EUR 51.5 billion), after...

Banking

Hungarian Bankholding’ leasing companies to operate as Euroleasing from 2022

As of January 1, 2022, the leasing companies of the member banks of Hungarian Bankholding: MKB-Euroleasing, Budapest Leasing, Takarék Leasing...

Banking

Serbian c. bank’s FX reserves decline in October

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 16.3 billion at the end of October,...

Banking

More than 11,000 businesses take out recovery microloans

More than 11,000 businesses have taken out interest-free microloans the government launched in the spring to aid the economic recovery,...

Banking

Budapest Bank, MKB to merge next spring

According to the plans of Hungarian Bankholding, Budapest Bank, and MKB Bank, the two member banks of the banking group...

Banking

KBC books Q3 earnings of EUR 62 mln in Hungary

Belgium's KBC booked net income of EUR 62 million at its businesses in Hungary in the third quarter, up 22%...

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...