Banking

Banking

Varga meets with bank sector leaders

Minister of Finance Mihály Varga met with banking sector leaders to discuss tools lenders can use to support Hungary's economic...

Banking

Bank deposits of Bulgarian households up 10% in 2020 

The deposits of non-financial enterprises, households and not-for-profit organizations servicing households held in commercial banks by the end of December...

Banking

KBC earnings in Hungary fall more than one-third

Belgium's KBC booked net income of EUR 114 million at its business in Hungary last year, down 34%, as impairment...

Banking

EIB increases investments in Slovenia in 2020

The European Investment Bank increased its investment in the Slovenian economy by 20% to EUR 221 million in 2020, according...

Banking

OTP offering HUF 15 mln condominium tender

OTP Bank has announced its condominium tender again this year, in which 20 residential communities can receive a total of...

Banking

EIB boosts Western Balkans financing by 50% in 2020

The European Investment Bank (EIB) increased its investments in the Western Balkans by 50% in 2020 to a total of...

Banking

Romanian central bank FX reserves edge up in Jan

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 37.454 billion at the end of...

Banking

Romania’s annual bank deposits growth slows down in Dec

The deposits of the non-governmental sector in Romanian banks grew 14.4% year-on-year to RON 420.79 billion (EUR 86.32 billion) in...

Banking

Eximbank lending stock reaches HUF 1.1 tln

Magyar Eximbank's loan book reached more than HUF 1.1 trillion at the end of 2020, chairman-CEO Gergely Jákli said in...

Banking

MNB accepts Budapest Bank for consumer-friendly personal loan qualification

The National Bank of Hungary (MNB) has accepted Budapest Bank's Qualified Consumer-Friendly Personal Loan application, according to which the bank...

Banking

Nagy: Economic growth ‘could reach 6%’ in 2021

This year, economic growth could reach up to 6%, and next year 6-7% can not be ruled out, and with...

Banking

Watchdog clears buyout offer for Takarék Mortgage Bank

The National Bank of Hungary (MNB) has approved a mandatory public purchase offer by MTB Magyar Takarékszövetkezeti Bank, the "central...

Banking

Banking sector forint liquidity climbs in December

Forint liquidity of the Hungarian banking sector continued to climb in December, reflected by increases in the average stock of...

Banking

Domestic ownership in OTP Bank grows

Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure...

Banking

Poland holds key rate unchanged

Poland's central bank left its key interest rate unchanged on Wednesday, and said the scale of the possible economic recovery...

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...