Banking

Banking

Banking sector liquidity up in Oct, supported by maturing swaps

Liquidity of the Hungarian banking sector increased in October, supported by the maturing of euro liquidity swaps, the National Bank...

Banking

Romania’s central bank raises key rate

The Board of the National Bank of Romania (BNR) decided on Tuesday to raise the benchmark interest rate to 1.75%...

Banking

OTP private banking business shows robust growth

OTP Bank's private banking division's managed assets grew 3% to more than EUR 9 billion in the third quarter as...

Banking

Futureal signs for EUR 60 mln loan from Erste Bank

Hungarian property developer Futureal on Tuesday said it signed a contract for a EUR 60 million loan from Erste Bank...

Banking

Czech industrial production falls in September

The Czech Republic's industrial production declined a working-day adjusted 4.0% year-on-year in September, following a 1.4% fall in August, data...

Banking

Czech central bank hikes key rate again

The Czech central bank raised its key interest rate further and the increase was more than expected, citing the outlook...

Banking

Lenders’ stock of baby support loans at HUF 1.462 tln

Hungarian lenders' stock of prenatal baby support loans stood at HUF 1.462 trillion at the end of September, up HUF...

Banking

Polish c. bank raises interest rate as prices surge 

The National Bank of Poland raised its benchmark reference rate by 75 basis points to 1.25% on Wednesday. It was...

Banking

OTP signs UN Principles for Responsible Banking

OTP Bank on Friday said it became the first Hungarian lender to sign the UN Principles for Responsible Banking, a...

Banking

Romanians save on average EUR 58 monthly

Romanians save on average RON 309 per month (some EUR 58) on an average, net salary of RON 3,541 (a...

Banking

Sberbank Europe to part with Hungarian unit

Russian-owned Sberbank Europe on Wednesday said it agreed to sell a number of its businesses in Central and Eastern Europe...

Banking

Romanian c. bank FX reserves fall in Oct

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 39.843 billion at the end of...

Banking

Erste Group books EUR 120 mln net profit in Q1-Q3

Erste Group, including Erste Bank Hungary, had EUR 120 million net profit in Hungary in January-September 2021, up from EUR...

Banking

Takarékbank clients ask for HUF 5 bln under Green Home Program

Clients of Takarékbank have submitted applications for HUF 5 billion of mortgage loans in the framework of the Green Home...

Banking

2% of Magyar Bankholding clients remain in repayment moratorium

Around 2% of the retail and corporate clients of Magyar Bankholding's members, Budapest Bank, MKB Bank, and Takarékbank, have opted...

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...