Banking

Banking

Lending Slowdown in Hungary in Line With Int’l Trends

A slowdown in lending in Hungary is in line with international trends, but a pickup is anticipated in the second...

Banking

M&A Activity Impacts Banking Sector Profit

First-half net income of Hungarian banks jumped 333% year-on-year to HUF 978 billion, lifted by the impact of a merger...

Banking

Competition Driving Down Interest Rates on Home Loans

The competition between banks for good customers is increasing, and to this end, loan interest rates at financial institutions have...

Banking

Instant Payment System Transaction Threshold Rises to HUF 20 mln

The value threshold for transactions made using Hungary's instant payment system has risen from HUF 10 million to HUF 20...

Banking

Countries With Most to Least Expensive ATM Transaction Fees

Wise, a foreign exchange company based in the United Kingdom, analyzed 20 European countries to compile a list of where...

Banking

Households Continue to Make Net Withdrawals in July

Households made net withdrawals of HUF 154 billion from their accounts at Hungarian banks in July, monthly data released by...

Banking

MBH Group H1 Earnings Reach HUF 84.7 bln

The after-tax profit of MBH Group, Hungary's second-biggest commercial lender, reached HUF 84.7 bln in the first half, state news...

Banking

Companies Net Borrowers in July

Non-financial companies borrowed net HUF 165 billion from local lenders in July, news agency MTI reports, citing monthly data released...

Banking

Lenders’ Sentiment Worsens in H1

Banks' economic sentiment deteriorated in the first half of the year, news agency MTI reports, citing a survey conducted by...

Banking

Moody’s Upgrades Erste Bank Rating

Credit rating agency Moody's upgraded the long-term deposit rating of Erste Bank Hungary, according to a recent report....

Banking

MBH Mortgage Bank Green Portfolio Increasing

The proportion of green financing in MBH Mortgage Bank’s outsourced loan portfolio is constantly increasing, according to the 2022 sustainability...

Banking

MNB Fines MBH Bank HUF 87 mln

The National Bank of Hungary (MNB) has fined MBH Bank HUF 87 million for regulatory shortcomings uncovered in a comprehensive...

Banking

Hungary Leasing Market Grows 2% in H1

Leasing outlays rose 2% year-on-year to HUF 429.1 billion in the first half of this year, news agency MTI writes...

Banking

Forint Liquidity of Banking Sector Grows in July

Forint liquidity of the Hungarian banking sector expanded in July, mainly reflected in an increase of the average stock of...

Banking

OTP Q2 Profits Surge to HUF 382 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, jumped 402% year-on-year to HUF 382.1 billion, supported by...

Banking

Lending Slowdown in Hungary in Line With Int’l Trends

A slowdown in lending in Hungary is in line with international trends, but a pickup is anticipated in the second...

Banking

M&A Activity Impacts Banking Sector Profit

First-half net income of Hungarian banks jumped 333% year-on-year to HUF 978 billion, lifted by the impact of a merger...

Banking

Competition Driving Down Interest Rates on Home Loans

The competition between banks for good customers is increasing, and to this end, loan interest rates at financial institutions have...

Banking

Instant Payment System Transaction Threshold Rises to HUF 20 mln

The value threshold for transactions made using Hungary's instant payment system has risen from HUF 10 million to HUF 20...

Banking

Countries With Most to Least Expensive ATM Transaction Fees

Wise, a foreign exchange company based in the United Kingdom, analyzed 20 European countries to compile a list of where...

Banking

Households Continue to Make Net Withdrawals in July

Households made net withdrawals of HUF 154 billion from their accounts at Hungarian banks in July, monthly data released by...

Banking

MBH Group H1 Earnings Reach HUF 84.7 bln

The after-tax profit of MBH Group, Hungary's second-biggest commercial lender, reached HUF 84.7 bln in the first half, state news...

Banking

Companies Net Borrowers in July

Non-financial companies borrowed net HUF 165 billion from local lenders in July, news agency MTI reports, citing monthly data released...

Banking

Lenders’ Sentiment Worsens in H1

Banks' economic sentiment deteriorated in the first half of the year, news agency MTI reports, citing a survey conducted by...

Banking

Moody’s Upgrades Erste Bank Rating

Credit rating agency Moody's upgraded the long-term deposit rating of Erste Bank Hungary, according to a recent report....

Banking

MBH Mortgage Bank Green Portfolio Increasing

The proportion of green financing in MBH Mortgage Bank’s outsourced loan portfolio is constantly increasing, according to the 2022 sustainability...

Banking

MNB Fines MBH Bank HUF 87 mln

The National Bank of Hungary (MNB) has fined MBH Bank HUF 87 million for regulatory shortcomings uncovered in a comprehensive...

Banking

Hungary Leasing Market Grows 2% in H1

Leasing outlays rose 2% year-on-year to HUF 429.1 billion in the first half of this year, news agency MTI writes...

Banking

Forint Liquidity of Banking Sector Grows in July

Forint liquidity of the Hungarian banking sector expanded in July, mainly reflected in an increase of the average stock of...

Banking

OTP Q2 Profits Surge to HUF 382 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, jumped 402% year-on-year to HUF 382.1 billion, supported by...

Lending Slowdown in Hungary in Line With Int’l Trends

A slowdown in lending in Hungary is in line with international trends, but a pickup is anticipated in the second...

M&A Activity Impacts Banking Sector Profit

First-half net income of Hungarian banks jumped 333% year-on-year to HUF 978 billion, lifted by the impact of a merger...

Competition Driving Down Interest Rates on Home Loans

The competition between banks for good customers is increasing, and to this end, loan interest rates at financial institutions have...

Instant Payment System Transaction Threshold Rises to HUF 20 mln

The value threshold for transactions made using Hungary's instant payment system has risen from HUF 10 million to HUF 20...

Countries With Most to Least Expensive ATM Transaction Fees

Wise, a foreign exchange company based in the United Kingdom, analyzed 20 European countries to compile a list of where...

Households Continue to Make Net Withdrawals in July

Households made net withdrawals of HUF 154 billion from their accounts at Hungarian banks in July, monthly data released by...

MBH Group H1 Earnings Reach HUF 84.7 bln

The after-tax profit of MBH Group, Hungary's second-biggest commercial lender, reached HUF 84.7 bln in the first half, state news...

Companies Net Borrowers in July

Non-financial companies borrowed net HUF 165 billion from local lenders in July, news agency MTI reports, citing monthly data released...

Lenders’ Sentiment Worsens in H1

Banks' economic sentiment deteriorated in the first half of the year, news agency MTI reports, citing a survey conducted by...

Moody’s Upgrades Erste Bank Rating

Credit rating agency Moody's upgraded the long-term deposit rating of Erste Bank Hungary, according to a recent report....

MBH Mortgage Bank Green Portfolio Increasing

The proportion of green financing in MBH Mortgage Bank’s outsourced loan portfolio is constantly increasing, according to the 2022 sustainability...

MNB Fines MBH Bank HUF 87 mln

The National Bank of Hungary (MNB) has fined MBH Bank HUF 87 million for regulatory shortcomings uncovered in a comprehensive...

Hungary Leasing Market Grows 2% in H1

Leasing outlays rose 2% year-on-year to HUF 429.1 billion in the first half of this year, news agency MTI writes...

Forint Liquidity of Banking Sector Grows in July

Forint liquidity of the Hungarian banking sector expanded in July, mainly reflected in an increase of the average stock of...

OTP Q2 Profits Surge to HUF 382 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, jumped 402% year-on-year to HUF 382.1 billion, supported by...