Banking

Banking

HUF 650 bln cash withdrawals in March

According to statistics from the National Bank of Hungary (MNB), the value of ATM cash withdrawals at the ten largest...

Banking

IIB subscribes EUR 33.8 mln of 1st corp. green bond issued in Hungary

The Budapest-based International Investment Bank (IIB) has subscribed the equivalent of EUR 33.8m of a corporate green bond issued by...

Banking

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Banking

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Banking

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

Banking

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Banking

Impairment puts Erste Group in red in Hungary

Austriaʼs Erste Group booked a EUR 4.9 million first-half loss at its business in Hungary as impairment due to the...

Banking

Bulgaria’s non-govt deposits growth slows

Deposits of Bulgaria’s non-government sector rose by an annual 8.3% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Banking

Cash in circulation reaches nearly HUF 7 tln

The National Bank of Hungary (MNB) has published the latest cash flow data, according to which the cash stock in...

Banking

EBRD and Banca Intesa Beograd expand access to finance for businesswomen

Businesses in Serbia will benefit from a new EUR 8 million loan from the European Bank for Reconstruction and Development...

Banking

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

Banking

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Banking

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

Banking

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

Banking

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

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...