Banking

Banking

MOL settling options agreement with Commerzbank

Hungarian oil and gas company MOL yesterday said the option rights concerning 888,250 MOL Series "A" ordinary shares under the...

Banking

Banking sector liquidity rises in May

Forint liquidity of the Hungarian banking sector grew in May, reflected by increases in the average stock of credit institutions'...

Banking

Banking sector profits reach HUF 180 bln in Q1

Net profit of Hungarian banks reached HUF 180 billion in the first quarter, climbing from HUF 3 bln in the...

Banking

IIB subscribes Medicover Schuldschein

The Budapest-based International Investment Bank (IIB) has subscribed a Schuldschein issued by Hungarian private healthcare company Medicover, according to a...

Banking

Romanian central bank FX reserves fall

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 37.57 billion at the end of...

Banking

Hungarians’ propensity to borrow recovers to pre-crisis levels

About 11% of Hungarians plan to take out a loan in the coming year, state news wire MTI reports, citing...

Banking

Croatia’s c. bank FX reserves up in April

The foreign exchange (FX) reserves held by Croatia's central bank totaled EUR 20.4 billion at the end of April, up...

Banking

OTP signs deal to acquire Slovenia’s 2nd biggest bank

OTP Bank on Monday said it signed an agreement to acquire Nova KBM, Slovenia's second-biggest lender with 20.5% market share...

Banking

Romania’s bank lending growth up, deposits down in April

The value of Romanian banks' outstanding loans to the non-government sector grew 8.3% year-on-year to RON 293.6 billion (EUR 59.7...

Banking

Nestlé Hungária raises HUF 116.7 bln with BGS bond issue

Nestlé Hungária, the local unit of the Swiss food giant, has raised HUF 116.7 billion from the sale of bonds...

Banking

Bulgaria’s non-govt deposit growth slows, borrowing speeds up

Deposits of Bulgaria's non-government sector rose by 11.4% year-on-year at the end of April, to BGN 95.6 billion (EUR 48.9...

Banking

MKB Q1 earnings climb on interest income, revaluations

The first-quarter after-tax profit of MKB Bank rose to HUF 26.8 billion from HUF 1.8 bln in the base period,...

Banking

EBRD lending EUR 5 mln to Raiffeisen Bank Kosovo to support SMEs

The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan to Raiffeisen Bank Kosovo...

Banking

Value of circulating currency up 11.5%

The average value of the currency in circulation in the first quarter of this year was 11.5% higher than in...

Banking

Eligibility for recovery microloans expanded to suppliers 

Eligibility for interest-free microloans the government has launched to aid the economic recovery has been expanded to suppliers to businesses...

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...