Banking

Banking

Cordia raises HUF 4 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 4 billion in proceeds from the sale of a bond issued in the framework...

Banking

Citi to plant 50,000 saplings to mark anniversary in Hungary

Citi Hungary celebrates the 35th anniversary of its presence in the country, and the 15th anniversary of the establishment of...

Banking

Hungary decline in tax-to-GDP ratio steepest in OECD

Hungaryʼs tax-to-GDP fell by 1.7 percentage points last year, more than in any other OECD country, Deputy Finance Minister András...

Banking

Romaniaʼs govʼt borrows 55% above target from local banks in November

Romaniaʼs Finance Ministry borrowed RON 7.86 billion (EUR 1.6 billion) by issuing local currency-denominated debt on the local interbank market...

Banking

Poland holds key interest rate

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

Banking

MKB Q3 earnings fall 29%

Third-quarter after-tax profit of MKB Bank fell 29% year-on-year to HUF 15.5 billion, an earnings report released Thursday shows, state...

Banking

Bulgariaʼs non-govt deposits growth slows in October

Deposits of Bulgariaʼs non-government sector increased by an annual 8.7% to BGN 90.5 billion (EUR 46.3 billion) at the end...

Banking

Romaniaʼs annual bank deposits growth speeds up in October

The deposits of the non-governmental sector in Romanian banks grew 15.4% year-on-year to RON 404.1 billion (EUR 83 billion) in...

Banking

Serbiaʼs FX reserves rise in October

The foreign exchange (FX) reserves held by Serbiaʼs central bank grew to EUR 13.1 billion (USD 15.6 billion) at the...

Banking

Banks, bank card companies back HUF 15,000 CVM limit

Banks and bank card companies support maintaining the HUF 15,000 cardholder verification method (CVM) limit for contactless payments even though...

Banking

Banking sector liquidity fell in October, MNB says

Forint liquidity of Hungaryʼs banking sector fell in October from a month earlier, which was mainly reflected in a decrease...

Banking

OTP Bank Romania boosts market share to 3%

The Romanian unit of Hungaryʼs OTP Bank has boosted its market share by half a percentage point to 3% in...

Banking

Record Bond Issuance and New Markets at EXIM Hungary

The Hungarian Export Credit Agency (EXIM) became the talk of the town recently, after successfully performing a bond issuance, raising...

Banking

EBRD lending EUR 15 mln to Moldova Agroindbank to support investment by SMEs

The European Bank for Reconstruction and Development said Tuesday it approved a EUR 15 million senior unsecured loan to Moldova-Agroindbank...

Banking

Home loan outlays reach HUF 91.4 bln in September

Hungarian households took out HUF 91.4 billion of home loans in September, the highest monthly level in years, state news...

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...