Banking

Banking

Government launches HUF 21 bln in tenders for additional wage compensation

The government has launched HUF 21 billion in tenders for additional support for employers to raise wages....

Banking

Economy Ministry clarifies minister’s tax ideas

"György Matolcsy only talked about how much healthier a five-rate VAT system would be", the National Economy Ministry said in...

Banking

Analysts skeptical about economy minister’s tax notions

Analysts voiced doubts regarding National Economy Minister György Matolcsy's suggested changes to Hungary's tax system in an article published on...

Banking

Economy minister would introduce financial sales tax

National Economy Minister György Matolcsy is in favor of introducing a financial sales tax, the weekly Heti Válasz reported on...

Banking

Hungary govt publishes Big Reform Book

Hungary's government has published on its website a 300-page document analysing the achievements during its tenure since May, 2010, and...

Banking

Commission refers Hungary to Court for failure to end crisis tax on telecoms

The European Commission said Thursday it had decided to refer Hungary to the EU's Court of Justice because it continues...

Banking

Paid to be alive

There is much perplexity on the market about expected wage hikes and their compensation, suggesting it was rather unexpected for...

Banking

Taxpayers face closer scrutiny in 2012

Taxpayers will face closer scrutiny and tougher sanctions from the tax authority in 2012. But how will the authority cope...

Banking

Taxpayers face closer scrutiny in 2012

Taxpayers will face closer scrutiny and tougher sanctions from the tax authority in 2012. But how will the authority cope...

Banking

Gov’t to reallocate budget resources to fund new tenders for wage compensation

The government will soon discuss and initiate legislative amendments necessary to launch tenders making additional support available for employers who...

Banking

Gov’t to reallocate budget resources to fund new tenders for wage compensation

The government will soon discuss and initiate legislative amendments necessary to launch tenders making additional support available for employers who...

Banking

Govt to change wage compensation system

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...