Banking

Banking

GKI: Number of housing loan borrowers may decrease in 2021

According to GKI Economic Research, the number of borrowers of housing or construction loans may decrease this year, writes profitline.hu....

Banking

Raiffeisen augurs 5% GDP growth for 2021

Hungary's GDP growth is expected to reach 5% this year, Raiffeisen Bank analyst Zoltán Török said on Wednesday, according to...

Banking

Sándor Csányi re-elected chairman-CEO of OTP Bank

The board of OTP Bank, Hungary's biggest commercial lender, re-elected Sándor Csányi chairman-CEO at a meeting on Friday, according to...

Banking

Businesses apply for over HUF 25 bln of recovery microloans

So far, more than 3,200 microbusinesses and SMEs have applied for over HUF 25 billion in interest-free microloans the government...

Banking

Good awareness of multi-stage bank card ID process

Nine out of 10 credit card holders have already heard of the multi-stage identification that came into effect on January...

Banking

Businesses apply for over HUF 20 bln of recovery microloans

So far, almost 3,000 microbusinesses and SMEs have applied for HUF 20.4 billion in interest-free microloans the government has launched...

Banking

Romanian c. bank FX reserves rise in March

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.709 billion at the end of...

Banking

Non-financial companies net borrowers

Non-financial companies were net borrowers in February, according to monthly banking sector data released by the National Bank of Hungary...

Banking

Hungary household savings rate rises to 15% in 2020

The gross savings rate of households and nonprofits supporting households rose to 15% in 2020 from 12% a year earlier,...

Banking

Moody’s changes Hungarian banking system outlook to stable

Moody's Investors Service on Thursday said it changed the outlooks of five European banking systems - Hungary, Finland, Norway, Portugal...

Banking

OTP board to put profit into retained earnings

The board of OTP Bank has proposed placing 90% of last year's net profit of HUF 92.5 billion into retained...

Banking

Moving Next Door and Learning how to Move On

The businesses that come out strongest from the post-COVID period will be the ones that have been able to learn...

Banking

Poles amass a record PLN 1 tln in bank accounts

The savings that Polish citizens keep in banks have topped PLN 1 trillion (EUR 216 billion) for the first time,...

Banking

Romania’s annual bank deposits growth speeds up in Feb

The deposits of the non-governmental sector in Romanian banks grew 16.4% on the year to RON 427.7 billion (EUR 88...

Banking

Hungarian Bankholding announces 2023 launch date

Hungarian Bankholding Ltd. has approved the five-year business strategy for the merger of Budapest Bank, MKB Bank, and Takarékbank, looking...

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...