Banking

Banking

Stability and Profitability Still Hallmarks of CEE Banking Market in 2024

Despite the challenges of recent years, such as geopolitical tensions and changes in the macroeconomic environment, banks have continued to...

Banking

Minister, Banking Leaders Discuss Expanding ATM Network

Top officials of the Hungarian Banking Association have met with National Economy Minister Márton Nagy to discuss expanding the nationwide...

Banking

EBRD Extends New Guarantee to OTP Leasing Ukraine

The European Bank for Reconstruction and Development (EBRD) on Friday said it was extending an unfunded portfolio risk-sharing facility to...

Banking

OTP Earnings Climb in Q4

Fourth-quarter consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 249.7 billion, climbing 17% after adjustments according...

Banking

Erste Bank Hungary Reports HUF 132 bln After-Tax Profit for 2024

Erste Bank Hungary, a subsidiary of Austria's Erste Group, posted an after-tax profit of HUF 132 billion in 2024, up...

Banking

K&H Bank Earnings Climb 18% in 2024

After-tax profit of K&H Bank, the local unit of Belgium's KBC, amounted to approximately HUF 129 billion in 2024, up...

Banking

MBH Bank: Extraordinary Interest in New International Bond

MBH Bank saw strong investor interest in its new int'l MREL-eligible bond this month. More than EUR 1.6 bln was...

Banking

EBRD Provides EU-backed Guarantee to OTP Bank Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine, a...

Banking

Gránit Bank Launches Fully Online Credit for Blue-collar Workers

Gránit Bank has introduced credit for blue-collar workers that can be applied for entirely online, with successful applicants receiving an...

Banking

Gránit Bank Shares Begin Trading on BSE After Record IPO

Gránit Bank shares started trading on the Budapest Stock Exchange (BSE) on Monday, following the largest initial public offering (IPO)...

Banking

Retail Credit Rate Freeze Extension to Save Borrowers HUF 20 bln

A government decree extending a rate freeze on retail credit for another six months will save borrowers HUF 20 bln,...

Banking

OTP Bank Estimates HUF 53 bln Windfall Tax Burden for 2025

OTP Bank Nyrt. announced that its Hungarian group members could face a windfall profit tax burden of approximately HUF 53...

Banking

Gránit Bank Transitions to Public Company, Lists Shares on BSE

Gránit Bank has transitioned from a privately held company to a publicly traded company as of Nov. 25, 2024, and...

Banking

Banking Assoc ‘Partner’ in Effort to Support 1st-Time Homebuyers

The Hungarian Banking Association said it was a "partner" in efforts to help young Hungarians buy their first home in...

Banking

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

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...

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...

MBH Mortgage Bank Issues EUR 500 mln Covered Bond

MBH Mortgage Bank has issued a EUR 500 mln benchmark-sized covered bond on the international capital market, attracting total demand...

Banks Draft Proposals for Retail Borrowers Rate Freeze

The Hungarian Banking Association is drafting proposals in the framework of a social consultation on changes to a rate freeze...