Banking

Banking

New electronic tills cash in HUF 5 bln

Businesses forced to buy a new electronic cash system directly connected to the Hungarian National Tax and Customs Authority (NAV)...

Banking

Leak: Roadbuilders face retroactive tax

The Hungarian government is planning to levy a retroactive tax of 15% on the revenue of roadbuilders who acquired more...

Banking

Ad tax to cost RTL €15 mln

The recently approved tax law on advertising revenue is forcing main Hungarian commercial TV RTL Klub to pay €15 mln...

Banking

Hungarians could pay for Google, Facebook advertisements

Hungarian advertisers might be required to pay taxes for advertisements appearing on Facebook, Google and Youtube, under a proposal that...

Banking

Varga elaborates on RTL Klub investigation

In what would appear to be a targeted attack on a news station that recently vowed to be more critical...

Banking

Hungarian tax authority to examine RTL Klub transaction

National Economy Minister Mihály Varga announced on Wednesday that he had instructed Hungary's Tax and Customs Authority (NAV) to launch...

Banking

Lázár defends ad tax, forsees more taxes in 2015

The advertisement tax will not just stay but will possibly grow, and new taxes will be introduced in 2015, János...

Banking

Week in review: Read his lips – new taxes!

EDITORIAL...

Banking

Orbán: Sectoral taxes will stay; personal income tax will shrink

The special taxes on the the financial, energy, retail and telecommunications sectors will remain in place for as long as...

Banking

Opposition Együtt-PM to take ad tax to EC

The opposition political alliance Együtt-PM (E-PM) announced today that it will turn to the European Commision to oppose the new...

Banking

Parliament approves advertisement tax

The Hungarian Parliament approved the controversial tax on advertisement revenues Wednesday, despite protests from media on all sides of the...

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Hungarian government ready to approve ad tax in present form

The parliamentary group of the governing Fidesz party unanimously supported the approval of a bill before parliament calling for the...

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Ad tax protest hits the streets in Hungary

Approximately 1,000 protesters gathered in front of the Hungarian parliament to denounce the advertisement tax bill submitted last week....

Banking

Hungarian government to disuss ad tax bill early next week

Meanwhile media is protesting against the submitted advertisement tax bill, Fidesz parliamentary leader Antal Rogán said that the government is...

Banking

Hungarian media companies to protest against advertisement tax

Media companies of Hungary have decided to join their forces in protesting against the advertisement tax bill proposal submitted by...

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...

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...

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...