Banking

Banking

Banking Sector Survey Points to Pickup in Credit Demand

Banks' economic sentiment deteriorated in Q2-Q3, but lenders anticipate a pickup in demand for credit in the coming six months,...

Banking

Banking Sector Profits Climb 183% in Q1-Q3

After-tax profit of Hungarian banks rose 183% year-on-year to HUF 1.591 tln in Q1-Q3, state news wire MTI reports, citing...

Banking

Households Continue to Make Net Withdrawals in Oct

Households made net withdrawals of HUF 80 billion from their accounts at Hungarian banks in October, monthly data released by...

Banking

K&H Debuts Digital Szép Card

K&H became the first bank in Hungary to introduce the digital Szép card alongside the classic plastic card, according to...

Banking

Magnet Bank Launches PayPlus Program

With the introduction of mobile payments, Magnet Bank has launched a new program to support a local NGO, according a...

Banking

Erste Bank Hungary Profit Close to HUF 90 bln in Q1-Q3

Austrian-owned Erste Bank Hungary's after-tax profit climbed to HUF 89.9 billion in Q1-Q3 from HUF 18.4bn in the base period,...

Banking

K&H Bank Earnings Climb to HUF 70.8 bln in Q1-Q3

The after-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, rose 129% year-on-year to HUF 70.8 billion in...

Banking

State Agrees to Sell Back 15% Stake in Erste Bank Hungary

State-owned Corvinus International Investment will sell back a 15% stake in Erste Bank Hungary to its Austrian parent, Erste Bank...

Banking

Continued Decline in Demand for Corporate Credit

A quarterly survey of loan officers published by the National Bank of Hungary (MNB) on its website yesterday shows a...

Banking

Magyar Eximbank Issues EUR 1 bln Eurobond

Magyar Eximbank issued a EUR 1 billion eurobond on international markets on Wednesday, the Economic Development Ministry said, according to...

Banking

Companies Make Net Withdrawals of HUF 337 bln in September

Non-financial companies made net withdrawals of HUF 337 billion from their accounts at Hungarian banks in September, state news wire...

Banking

Households Continue to Make Net Withdrawals in September

Households made net withdrawals of HUF 25 billion from their accounts at Hungarian banks in September, state news wire MTI...

Banking

Erste Group Books Q1-Q3 Earnings of EUR 211 mln in Hungary

Austria's Erste Group booked Q1-Q3 net income of EUR 211 million at its business in Hungary, news agency MTI writes,...

Banking

Voluntary Rate Cap for Working Capital Credit to Fall to 11.5%

Economic Development Minister Marton Nagy and representatives of the Hungarian Banking Association agreed to reduce the voluntary rate cap for...

Banking

OTP Bank Opens New Branch in Fót

The branch network of OTP Bank has been expanded with a consultancy-oriented, accessible, and full-service branch in the town of...

Banking

Banking Sector Survey Points to Pickup in Credit Demand

Banks' economic sentiment deteriorated in Q2-Q3, but lenders anticipate a pickup in demand for credit in the coming six months,...

Banking

Banking Sector Profits Climb 183% in Q1-Q3

After-tax profit of Hungarian banks rose 183% year-on-year to HUF 1.591 tln in Q1-Q3, state news wire MTI reports, citing...

Banking

Households Continue to Make Net Withdrawals in Oct

Households made net withdrawals of HUF 80 billion from their accounts at Hungarian banks in October, monthly data released by...

Banking

K&H Debuts Digital Szép Card

K&H became the first bank in Hungary to introduce the digital Szép card alongside the classic plastic card, according to...

Banking

Magnet Bank Launches PayPlus Program

With the introduction of mobile payments, Magnet Bank has launched a new program to support a local NGO, according a...

Banking

Erste Bank Hungary Profit Close to HUF 90 bln in Q1-Q3

Austrian-owned Erste Bank Hungary's after-tax profit climbed to HUF 89.9 billion in Q1-Q3 from HUF 18.4bn in the base period,...

Banking

K&H Bank Earnings Climb to HUF 70.8 bln in Q1-Q3

The after-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, rose 129% year-on-year to HUF 70.8 billion in...

Banking

State Agrees to Sell Back 15% Stake in Erste Bank Hungary

State-owned Corvinus International Investment will sell back a 15% stake in Erste Bank Hungary to its Austrian parent, Erste Bank...

Banking

Continued Decline in Demand for Corporate Credit

A quarterly survey of loan officers published by the National Bank of Hungary (MNB) on its website yesterday shows a...

Banking

Magyar Eximbank Issues EUR 1 bln Eurobond

Magyar Eximbank issued a EUR 1 billion eurobond on international markets on Wednesday, the Economic Development Ministry said, according to...

Banking

Companies Make Net Withdrawals of HUF 337 bln in September

Non-financial companies made net withdrawals of HUF 337 billion from their accounts at Hungarian banks in September, state news wire...

Banking

Households Continue to Make Net Withdrawals in September

Households made net withdrawals of HUF 25 billion from their accounts at Hungarian banks in September, state news wire MTI...

Banking

Erste Group Books Q1-Q3 Earnings of EUR 211 mln in Hungary

Austria's Erste Group booked Q1-Q3 net income of EUR 211 million at its business in Hungary, news agency MTI writes,...

Banking

Voluntary Rate Cap for Working Capital Credit to Fall to 11.5%

Economic Development Minister Marton Nagy and representatives of the Hungarian Banking Association agreed to reduce the voluntary rate cap for...

Banking

OTP Bank Opens New Branch in Fót

The branch network of OTP Bank has been expanded with a consultancy-oriented, accessible, and full-service branch in the town of...

Banking Sector Survey Points to Pickup in Credit Demand

Banks' economic sentiment deteriorated in Q2-Q3, but lenders anticipate a pickup in demand for credit in the coming six months,...

Banking Sector Profits Climb 183% in Q1-Q3

After-tax profit of Hungarian banks rose 183% year-on-year to HUF 1.591 tln in Q1-Q3, state news wire MTI reports, citing...

Households Continue to Make Net Withdrawals in Oct

Households made net withdrawals of HUF 80 billion from their accounts at Hungarian banks in October, monthly data released by...

K&H Debuts Digital Szép Card

K&H became the first bank in Hungary to introduce the digital Szép card alongside the classic plastic card, according to...

Magnet Bank Launches PayPlus Program

With the introduction of mobile payments, Magnet Bank has launched a new program to support a local NGO, according a...

Erste Bank Hungary Profit Close to HUF 90 bln in Q1-Q3

Austrian-owned Erste Bank Hungary's after-tax profit climbed to HUF 89.9 billion in Q1-Q3 from HUF 18.4bn in the base period,...

K&H Bank Earnings Climb to HUF 70.8 bln in Q1-Q3

The after-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, rose 129% year-on-year to HUF 70.8 billion in...

State Agrees to Sell Back 15% Stake in Erste Bank Hungary

State-owned Corvinus International Investment will sell back a 15% stake in Erste Bank Hungary to its Austrian parent, Erste Bank...

Continued Decline in Demand for Corporate Credit

A quarterly survey of loan officers published by the National Bank of Hungary (MNB) on its website yesterday shows a...

Magyar Eximbank Issues EUR 1 bln Eurobond

Magyar Eximbank issued a EUR 1 billion eurobond on international markets on Wednesday, the Economic Development Ministry said, according to...

Companies Make Net Withdrawals of HUF 337 bln in September

Non-financial companies made net withdrawals of HUF 337 billion from their accounts at Hungarian banks in September, state news wire...

Households Continue to Make Net Withdrawals in September

Households made net withdrawals of HUF 25 billion from their accounts at Hungarian banks in September, state news wire MTI...

Erste Group Books Q1-Q3 Earnings of EUR 211 mln in Hungary

Austria's Erste Group booked Q1-Q3 net income of EUR 211 million at its business in Hungary, news agency MTI writes,...

Voluntary Rate Cap for Working Capital Credit to Fall to 11.5%

Economic Development Minister Marton Nagy and representatives of the Hungarian Banking Association agreed to reduce the voluntary rate cap for...

OTP Bank Opens New Branch in Fót

The branch network of OTP Bank has been expanded with a consultancy-oriented, accessible, and full-service branch in the town of...