Banking

Banking

MKB 2020 profit plunges 81% on COVID costs, lower revenue

After-tax profit of MKB Bank fell 81% to HUF 8.4 billion in 2020, declining on COVID risk costs and lower...

Banking

Fewer consumer loans in Poland in February

February witnessed a slump in consumer loans against the previous month, the National Bank of Poland reported on Monday....

Banking

Futureal issues green bonds under BGS

Hungarian property developer Futureal issued a green bond with a nominal value of HUF 55 billion under the Bond Funding...

Banking

OTP named best bank in Hungary by Global Finance magazine

New York-based Global Finance magazine named OTP Bank Hungary's best bank in 2021, according to a press release sent to...

Banking

OTP Group participates in first int’l sovereign bond issue

OTP Group has participated in its first international sovereign bond issue, the lender said, according to a report by Hungarian...

Banking

IIB achieves new lowest euro after-swap price

Following the update of its MTN Program registered on February 26, International Investment Bank (IIB) executed its third private placement...

Banking

EIB loans, guarantees in Hungary at EUR 767 mln in 2020

Loans and guarantees of the European Investment Bank (EIB) group to clients in Hungary added up to EUR 767 million...

Banking

Banking sector sentiment improves

The Bank Sentiment Index of the National Bank of Hungary (MNB) has risen to 14 points, after showing negative values...

Banking

Serbia holds key policy rate at record low

The National Bank of Serbia (NBS) said on Thursday it decided to hold its key repo rate at 1%, according...

Banking

Hungarians pay more with bank cards

Hungarians withdrew less cash but made more purchases and paid for more bills with their bank cards in the fourth...

Banking

MFB adds to businesses eligible for interest-free microloans

The Hungarian Development Bank (MFB) on Friday said the range of businesses eligible for interest-free microloans the government has launched...

Banking

Serbia’s FX reserves decline in February

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 13.4 billion (USD 15.9 billion) at the...

Banking

Policy measures drive lending growth in Hungary

State and central bank credit schemes were an engine of lending growth in Hungary last year, state news wire MTI...

Banking

EBRD adopts new country strategy for Hungary

The European Bank for Reconstruction and Development (EBRD) on Thursday said its board approved a new country strategy for Hungary,...

Banking

Hungary banking sector earnings fall on impairment

The combined after-tax profit of Hungary's banking sector fell 43.9% to HUF 390 billion last year as pandemic provisioning weighed,...

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...