Banking

Banking

Hungary issues USD 4.25 bln of dollar bonds

Hungary issued USD 4.25 billion of dollar bonds in a transaction that was four times oversubscribed, under favorable conditions, at...

Banking

Banking assoc supports ending blanket moratorium

The Hungarian Banking Association agrees with and supports ending the blanket moratorium the government rolled out in the spring of...

Banking

Corporate lending growth reaches 7.4% in Q2

Corporate lending growth in Hungary reached an annualized 7.4% in Q2, the second-highest rate in the European Union, after Romania,...

Banking

Magyar Bankholding buys up 1/4 of BGS bonds

Magyar Bankholding members Budapest Bank, MKB Bank and Takarék Group have subscribed 25% of bonds issued in the framework of...

Banking

Demand for personal loans at pre-crisis levels

According to Bank360.hu, the demand for unsecured personal loans is again at the pre-COVID crisis level....

Banking

Hungary banking sector profits jump on lower provisions

First-half after-tax profit of Hungarian banks rose 297% year-on-year to HUF 405 billion on a big decline in provisions and...

Banking

K&H Group earnings rise 22% in H1

First-half consolidated earnings of Hungary's K&H Group earnings rise 22% in H1, a unit of Belgium's KBC, climbed 22% year-on-year...

Banking

Moldova c. bank hikes key rate 

The National Bank of Moldova raised its benchmark interest rate by 100 basis points to 4.65% on Friday, the second...

Banking

Companies take out net HUF 209 bln of credit in July

Non-financial companies borrowed net HUF 209 billion from credit institutions in July, state news wire MTI reports, citing monthly data...

Banking

Insurers’ revenue from premiums climbs 11.5% in H1

Hungarian insurers' first-half revenue from premiums rose 11.5% year-on-year to HUF 683.8 billion, data released by the National Bank of...

Banking

Romanian c. bank FX reserves rise in August

The foreign exchange reserves held by Romania's central bank, excluding gold, totaled EUR 41.616 billion at the end of August,...

Banking

Croatian pension funds’ net assets rise 13% on year

Total net assets of Croatian pension funds reached HRK 134.8 billion (EUR 18 billion) at the end of July, up...

Banking

Voluntary pension fund contributions climb 6.5% in H1

Contributions to voluntary pension funds in Hungary rose 6.5% year-on-year to HUF 68.5 billion in the first half of the...

Banking

Bulgaria’s non-govt deposit growth slows down in July

The deposits of Bulgaria's non-government sector increased by 11.8% year-on-year in July, reaching BGN 98.2 billion (EUR 50.2 billion), after...

Banking

Romania’s annual bank deposits growth speeds up in July

The deposits of the non-governmental sector in Romanian banks grew 15.3% on the year to RON 442.3 billion (EUR 107...

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...