Banking

Banking

Cash stock almost tripled in past decade

In nine years, the stock of cash in circulation in Hungary almost tripled, writes leading business daily Világgazdaság....

Banking

Most want to begin repayment after September

Retail customers expect positive, future-oriented and problem-solving communication from their financial service provider in the new environment caused by the...

Banking

Takarék Mortgage Bank closes H1 with HUF 644 bln in assets

Takarék Mortgage Bank has published its first half-year report on the website of the Budapest Stock Exchange....

Banking

Most using baby support loan for housing

The unbroken popularity of baby support loan is indicated by the fact that, according to the data of the National...

Banking

OTP group issues HUF 5 bln green mortgage bond

OTP Mortgage Bank on Monday announced the issue of a HUF 5 billion green mortgage bond, the first one issued...

Banking

OTP profits rose 55%

Second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 55% year-on-year to HUF 121.8 billion as risk costs...

Banking

Banking sector liquidity rises in July

Forint liquidity of Hungary's banking sector rose in July, reflected primarily by an increase in the average stock of lenders'...

Banking

Serbian c. bank FX reserves rise

The foreign exchange (FX) reserves held by Serbia's central bank rose to EUR 14.6 billion at the end of July,...

Banking

Raiffeisen Bank signs deal to acquire Credit Agricole Serbia

Vienna-based Raiffeisen Bank International said its Serbian unit Raiffeisen Banka has signed an agreement to acquire the entire capital of...

Banking

MNB fines Erste HUF 19 mln

The National Bank of Hungary (MNB) yesterday fined Erste Alapkezelő, the local fund manager of Austria's Erste Group, a little...

Banking

Serious interest in Széchenyi Card Program GO at OTP Bank

There has been serious interest in the Széchenyi Card Program GO, renewed on July 1, at OTP Bank branches, writes...

Banking

Lower impairment, higher operating income lift Erste earnings

Austria's Erste Group booked net income of EUR 84.7 million at its business in Hungary in the first half, after...

Banking

Raiffeisen H1 profit in Hungary rises to EUR 36 mln

Austria's Raiffeisen International (RBI) booked after-tax profit of EUR 36 million at its banking business in Hungary, up 64% from...

Banking

EBRD sells stake in major Romania office owner Globalworth

The European Bank for Reconstruction and Development (EBRD) said it has decided to sell its 5% stake in Globalworth, the...

Banking

93,000 bank accounts have secondary identifiers

At the end of the first quarter of this year, more than 93,000 bank accounts had secondary identifiers, the press...

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...