Banking

Banking

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Banking

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Banking

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

Banking

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

Banking

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Banking

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Banking

MBH Bank Highlights ESG Program in Latest Sustainability Report

MBH Bank published its Sustainability Report for 2023, detailing the launch of a comprehensive ESG framework....

Banking

OTP Bank Completes Merger of 2 Slovakian Units

OTP has merged its Slovakian units....

Banking

Lender Liquidity Narrows Further in July

Forint liquidity of the domestic banking sector decreased in July, indicated by a fall in the average stock of credit...

Banking

OTP Q2 Profit Close to HUF 268 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 267.9 billion, an earnings report released ahead...

Banking

Erste Bank Hungary H1 Profit Climbs to HUF 74.4 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary rose almost 60% year-on-year to HUF 74.4 billion, chairman-CEO Radovan Jelasity said...

Banking

KBC Books Q2 Net Income of EUR 121 mln in Hungary

Belgium's KBC booked net income of EUR 121 million at its banking and insurance business in Hungary, up 92% from...

Banking

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

CIB Bank has been awarded the "Best Bank for ESG" accolade by Euromoney financial magazine, recognizing its leadership in sustainable...

Banking

Demand for Corporate Credit Flat in Q2

Demand for corporate credit was unchanged in the second quarter, a survey of loan officers by the National Bank of...

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...