Banking

Banking

K&H: Demand for Market Housing Loans Much Higher in January

The demand for market housing loans was much higher at K&H in January this year than a year earlier, the...

Banking

OTP Earnings Climb in 2023

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, was muted, as acquisition and divestment costs weighed, but...

Banking

Banking Sector Profit More Than Doubles in 2023

After-tax profit of Hungarian banks rose 130% to HUF 1.929 trillion in 2023, state news wire MTI reports, citing data...

Banking

Erste Bank Hungary Profit Climbs to HUF 115 bln in 2023

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 115 billion in 2023, more than double the HUF 53 bln...

Banking

Households Make HUF 164 bln of Net Withdrawals in January

Households made net withdrawals of HUF 164 billion from their accounts at Hungarian banks in January, news agency MTI reports,...

Banking

Erste Group Earnings in Hungary Double in 2023

Austria's Erste Group booked net income of EUR 265 million at its banking business in Hungary last year, up 112%,...

Banking

Personal Loans up Dramatically in 2023

The number of Hungarians taking out personal loans rose dramatically last year, according to data from the National Bank of...

Banking

MBH Bank Introduces MREL-eligible Bonds on BSE

MBH Bank introduced its first international, MREL-eligible bonds to the debt securities section of the Budapest Stock Exchange, so they...

Banking

Hungary Leasing Market Grows Close to 6% in 2023

New lease contract value rose 5.5% to HUF 909.5 billion in Hungary last year, the head of the Hungarian Leasing...

Banking

Corvinus University, OTP Launch Joint Mentoring Program

On February 16, Corvinus University of Budapest and OTP Bank launched a joint mentoring program with nine mentor-mentee pairs. Thanks...

Banking

Gov’t to Make HUF 130 bln of 0% SME Credit Available From Q2

The government will make HUF 130 billion in 0% credit available to SMEs to boost competitiveness from the second quarter,...

Banking

Banking Sector Forint Liquidity up in January

Forint liquidity of the domestic banking sector rose in January, indicated by an increase in the average stock of central...

Banking

K&H Bank Earnings Reach HUF 108 bln in 2023

The after-tax profit of K&H Bank, the local unit of Belgium's KBC, rose 60% to HUF 108 billion in 2023,...

Banking

OTP Agrees to Sell Romanian Business for EUR 347.5 mln

OTP Bank, Hungary's biggest commercial lender, on Friday announced the conclusion of an agreement to sell OTP Bank Romania to...

Banking

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

Banking

K&H: Demand for Market Housing Loans Much Higher in January

The demand for market housing loans was much higher at K&H in January this year than a year earlier, the...

Banking

OTP Earnings Climb in 2023

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, was muted, as acquisition and divestment costs weighed, but...

Banking

Banking Sector Profit More Than Doubles in 2023

After-tax profit of Hungarian banks rose 130% to HUF 1.929 trillion in 2023, state news wire MTI reports, citing data...

Banking

Erste Bank Hungary Profit Climbs to HUF 115 bln in 2023

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 115 billion in 2023, more than double the HUF 53 bln...

Banking

Households Make HUF 164 bln of Net Withdrawals in January

Households made net withdrawals of HUF 164 billion from their accounts at Hungarian banks in January, news agency MTI reports,...

Banking

Erste Group Earnings in Hungary Double in 2023

Austria's Erste Group booked net income of EUR 265 million at its banking business in Hungary last year, up 112%,...

Banking

Personal Loans up Dramatically in 2023

The number of Hungarians taking out personal loans rose dramatically last year, according to data from the National Bank of...

Banking

MBH Bank Introduces MREL-eligible Bonds on BSE

MBH Bank introduced its first international, MREL-eligible bonds to the debt securities section of the Budapest Stock Exchange, so they...

Banking

Hungary Leasing Market Grows Close to 6% in 2023

New lease contract value rose 5.5% to HUF 909.5 billion in Hungary last year, the head of the Hungarian Leasing...

Banking

Corvinus University, OTP Launch Joint Mentoring Program

On February 16, Corvinus University of Budapest and OTP Bank launched a joint mentoring program with nine mentor-mentee pairs. Thanks...

Banking

Gov’t to Make HUF 130 bln of 0% SME Credit Available From Q2

The government will make HUF 130 billion in 0% credit available to SMEs to boost competitiveness from the second quarter,...

Banking

Banking Sector Forint Liquidity up in January

Forint liquidity of the domestic banking sector rose in January, indicated by an increase in the average stock of central...

Banking

K&H Bank Earnings Reach HUF 108 bln in 2023

The after-tax profit of K&H Bank, the local unit of Belgium's KBC, rose 60% to HUF 108 billion in 2023,...

Banking

OTP Agrees to Sell Romanian Business for EUR 347.5 mln

OTP Bank, Hungary's biggest commercial lender, on Friday announced the conclusion of an agreement to sell OTP Bank Romania to...

Banking

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...

K&H: Demand for Market Housing Loans Much Higher in January

The demand for market housing loans was much higher at K&H in January this year than a year earlier, the...

OTP Earnings Climb in 2023

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, was muted, as acquisition and divestment costs weighed, but...

Banking Sector Profit More Than Doubles in 2023

After-tax profit of Hungarian banks rose 130% to HUF 1.929 trillion in 2023, state news wire MTI reports, citing data...

Erste Bank Hungary Profit Climbs to HUF 115 bln in 2023

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 115 billion in 2023, more than double the HUF 53 bln...

Households Make HUF 164 bln of Net Withdrawals in January

Households made net withdrawals of HUF 164 billion from their accounts at Hungarian banks in January, news agency MTI reports,...

Erste Group Earnings in Hungary Double in 2023

Austria's Erste Group booked net income of EUR 265 million at its banking business in Hungary last year, up 112%,...

Personal Loans up Dramatically in 2023

The number of Hungarians taking out personal loans rose dramatically last year, according to data from the National Bank of...

MBH Bank Introduces MREL-eligible Bonds on BSE

MBH Bank introduced its first international, MREL-eligible bonds to the debt securities section of the Budapest Stock Exchange, so they...

Hungary Leasing Market Grows Close to 6% in 2023

New lease contract value rose 5.5% to HUF 909.5 billion in Hungary last year, the head of the Hungarian Leasing...

Corvinus University, OTP Launch Joint Mentoring Program

On February 16, Corvinus University of Budapest and OTP Bank launched a joint mentoring program with nine mentor-mentee pairs. Thanks...

Gov’t to Make HUF 130 bln of 0% SME Credit Available From Q2

The government will make HUF 130 billion in 0% credit available to SMEs to boost competitiveness from the second quarter,...

Banking Sector Forint Liquidity up in January

Forint liquidity of the domestic banking sector rose in January, indicated by an increase in the average stock of central...

K&H Bank Earnings Reach HUF 108 bln in 2023

The after-tax profit of K&H Bank, the local unit of Belgium's KBC, rose 60% to HUF 108 billion in 2023,...

OTP Agrees to Sell Romanian Business for EUR 347.5 mln

OTP Bank, Hungary's biggest commercial lender, on Friday announced the conclusion of an agreement to sell OTP Bank Romania to...

KBC Books EUR 285 mln Profit in Hungary in 2023

Belgium's KBC booked EUR 285 million in profit at its banking and insurance businesses in Hungary last year, an earnings...