Banking

Banking

Erste Group reports net income down 77%

Austriaʼs Erste Group booked net income of EUR 27.3 million at its business in Hungary in Q1-Q3, down 77% from...

Banking

Romania central bank FX reserves rise in October

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 33.795 billion at the end of...

Banking

Leasing outlays fall 23% in Q1-Q3

Leasing outlays in Hungary reached HUF 425 billion in Q1-Q3, down 23p% from the same period a year earlier, the...

Banking

AKKO Invest shares enter Premium category of BSE

Asset management company AKKO Investʼs shares are now being traded in the Premium category of the Budapest Stock Exchange (BSE),...

Banking

A New Bretton Woods Moment

For this week’s corporate finance column, former World Banker Les Nemethy takes a sobering look at the time bombs ticking...

Banking

Digital Welfare Financial Trademark Program to be launched

The Digital Welfare Financial Trademark Program will be launched, under which financial institutions, credit institutions and insurers based in Hungary...

Banking

Bulgariaʼs non-govʼt deposits growth speeds up in September

Deposits of Bulgariaʼs non-government sector rose by an annual 9% to BGN 89.8 billion (EUR 45.9 billion) at the end...

Banking

Romaniaʼs annual bank deposits growth, lending growth speeds up in Sep

The deposits of the non-governmental sector in Romanian banks grew 14.7% year-on-year to RON 397.1 billion (EUR 81 billion) in...

Banking

OTP fund managerʼs CyBERG stake over 5% disclosure threshold

The fund manager of OTP Bank, Hungaryʼs biggest commercial lender, now holds a 5.1% stake in CyBERG, a company listed...

Banking

OTP disburses more than HUF 400 bln of prenatal baby support credit

OTP Bank, Hungaryʼs biggest commercial lender, has disbursed HUF 405 billion of prenatal baby support loans since the launch of...

Banking

New commercial bank launches operation in Lithuania

PayRay, a Lithuanian financial sector company, has started a new page of its business service activities, local media reported....

Banking

Forint liquidity of banking sector rose in September

Forint liquidity of Hungaryʼs banking sector rose in September from a month earlier, which was mainly reflected in an increase...

Banking

OTP, Eximbank to launch HUF 25 bln private equity fund

Eximbank and OTP Bank are set to launch Regional Private Equity Fund II, with HUF 25 billion of starting capital...

Banking

Eximbank conducts most successful bond auction to date

Eximbank carried out a highly successful bond issuance last week, succeeding to raise an unprecedented HUF 52 billion with the...

Banking

OTP signs partnership agreement with SELEC to combat money laundering

OTP Bankʼs IT and Bank Security Directorate and the Southeast European Law Enforcement Center (SELEC) have signed a partnership agreement...

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...