Banking

Banking

Romanian c. bank FX reserves edge down in September

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 41.216 billion at the end of...

Banking

Stock of baby support loans at HUF 1.419 tln

Hungarian lenders' stock of prenatal baby support loans stood at HUF 1.419 trillion at the end of August, up HUF...

Banking

OTP potentially acquiring majority stake in Ipoteka Bank

OTP Bank said yesterday that it signed a non-binding memorandum of agreement regarding the potential acquisition of the majority stake...

Banking

Companies’ net borrowing rises to HUF 231 bln in August

Non-financial companies took out net HUF 231 billion in loans from local lenders in August, the highest monthly amount in...

Banking

EBRD lending EUR 10 mln to finance MSMEs in Romania

The European Bank for Reconstruction and Development said that it has signed a EUR 10 million senior unsecured loan to...

Banking

Czech c. bank significantly ups rate as inflation soars

The Czech Republic's central bank has significantly increased its key interest rate by three-quarters of a point to 1.50%, in...

Banking

PannErgy signs HUF 2.85 bln credit agreement

Listed alternative energy company PannErgy said it entered into a HUF 2.85 billion credit facility agreement with a consortium of...

Banking

Below half of retail borrowers still in repayment moratorium

Less than half of the eligible retail borrowers are still participating in the repayment moratorium, National Bank of Hungary (MNB)...

Banking

MNB presses for Revolut Bank to operate as local unit

The National Bank of Hungary (MNB) on Tuesday acknowledged plans by fintech company Revolut to offer cross-border banking services in...

Banking

Bulgaria’s non-govt deposit growth speeds up in Aug

The deposits of Bulgaria's non-government sector increased by 12% year-on-year in August, reaching BGN 99.5 billion (EUR 50.9 billion), after...

Banking

Futureal signs for close to EUR 50 mln loan from MKB

Hungarian property developer Futureal on Thursday said it signed a contract for a close to EUR 50 million loan from...

Banking

36% of moratorium participants not ready to restart instalments

Around 36% of retail borrowers participating in Hungary's blanket repayment moratorium still don't know when they can start making installments...

Banking

Hungary issues EUR 1 bln of euro bonds

Hungary issued EUR 1 bln of seven-year euro bonds under favorable conditions, at a low interest rate, Finance Minister Mihály...

Banking

Diákhitel Plusz deadline extended

The government has decided to extend the deadline for applying to "Diákhitel Plusz" credit, a one-time general-purpose loan, until June...

Banking

EBRD provides RSD 2.9 bln loan to Eurobank Serbia

The European Bank for Reconstruction and Development is supporting the post-pandemic recovery of the Serbian economy by securing financing for...

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...