Banking

Banking

Croatia’s c. bank FX reserves up in January

The foreign exchange (FX) reserves held by Croatia's central bank rose by an annual 3.7% at the end of January,...

Banking

Eximbank launches subsidized credit scheme for SMEs

Magyar Eximbank on Monday announced the launch of a subsidized investment credit scheme for microbusinesses and SMEs that export, supply...

Banking

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Banking

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

Banking

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Banking

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

Banking

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Banking

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

Banking

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Banking

Erste earnings fall more than 2/3 on impairment

Austrian banking group Erste booked net income of EUR 56.1 million at its business in Hungary last year, down 68%...

Banking

Bulgaria’s non-govt deposit growth speeds up in Jan

Deposits of Bulgaria's non-government sector rose by 11.9% year-on-year in January, to BGN 94.1 billion (EUR 48.1 billion), after growing...

Banking

Serbian banks’ NPL ratio rises at end-December

The ratio of non-performing loans (NPLs) in Serbia's banking sector rose to 3.7% at the end of December from record-low...

Banking

MKIK urges broader eligibility for interest-free microloans

The chairman of the Hungarian Chamber of Commerce and Industry (MKIK) said the government should expand eligibility for interest-free microloans...

Banking

Insolvencies in Romania down in 2020 

In 2020, 5,564 new insolvency proceedings were opened in Romania, 13% fewer registered in the previous year, reported the reported...

Banking

K&H Bank reports net profit of HUF 42.3 bln in 2020

K&H Bank recorded a net profit of HUF 42.3 billion, a 6% increase y.o.y. on underlying basis, excluding the HUF...

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...