Banking

Banking

Lender Liquidity Narrows in May

Forint liquidity of the domestic banking sector decreased in May, indicated by a decline in lenders' current account deposits that...

Banking

Green Preferential Capital Requirement Program Stock at HUF 1.022 tln

Local lenders' stock of credit in a preferential capital requirement scheme to support green lending reached HUF 1.022 tln at...

Banking

Households Withdrawals Match Deposits in April

Households withdrew as much as they deposited in their accounts at Hungarian banks in April, according to data released by...

Banking

Banking Sector Profit Climbs 37% in Q1

First-quarter after-tax profit of Hungarian banks rose 37% year-on-year to HUF 441 billion, data released by the National Bank of...

Banking

MNB Recommends OTP Takes Precautionary Measures on Russian Exposure

The National Bank of Hungary (MNB) has made recommendations in an executive letter to OTP Bank on "precautionary measures" in...

Banking

25% of Banks Sense Pick-up in Credit Demand

A quarter of the banks sensed a pick-up in demand for consumer credit in the past six months, and looking...

Banking

EBRD Provides Portfolio Risk-sharing Facility to OTP Leasing in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to OTP Leasing in Ukraine...

Banking

Watchdog Fines OTP Bank for Regulatory Shortfalls

The National Bank of Hungary (MNB) has fined OTP Bank HUF 102 million for failing to fully comply with regulations...

Banking

Lender Liquidity Narrows in April

Forint liquidity of the domestic banking sector decreased in April, indicated by a decline in lenders' current account deposits that...

Banking

Gránit Bank Balance Sheet Close to HUF 1.4 tln

Total assets of Gránit Bank were close to HUF 1.4 tln at the end of April, the lender said on...

Banking

OTP Q1 Profit Reaches HUF 240 bln

Consolidated adjusted first-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 126pc year-on-year to HUF 240 billion, an...

Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

After-tax profit of Austrian-owned Erste Bank Hungary was close to HUF 29 billion in the first quarter, climbing from HUF...

Banking

EBRD Guarantees Ukraine’s JSC OTP Bank to Enable Lending

The European Bank for Reconstruction and Development announced that it is extending an unfunded portfolio risk-sharing facility to Ukraine’s JSC...

Banking

Households Make Net Deposits of HUF 97 bln at Banks in March

Households made net deposits of HUF 97 billion on their accounts at Hungarian banks in March, well under the HUF...

Banking

Hungarian Banks: HUF 50,000 Stolen Every Minute in 2023 Scam Surge

The National Bank of Hungary (MNB) has pointed to a surge in financial scams in 2023, with an increasing share...

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...