Banking

Banking

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

Banking

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

Banking

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Banking

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...

Banking

OTP Leans on Regional Strength, Approves HUF 300 bln Dividend

OTP Bank used its annual meeting to project confidence: profits remain near record levels, lending activity is strong, digital channels...

Banking

KBC Pinpoints Impact of Hungarian Election, Bank Taxes

The Brussels-based KBC Group NV, the owner of K&H Bank in Hungary since 1999, has pointed to political uncertainty prompted...

Banking

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

Banking

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

Banking

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Banking

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...

Banking

OTP Leans on Regional Strength, Approves HUF 300 bln Dividend

OTP Bank used its annual meeting to project confidence: profits remain near record levels, lending activity is strong, digital channels...

Banking

KBC Pinpoints Impact of Hungarian Election, Bank Taxes

The Brussels-based KBC Group NV, the owner of K&H Bank in Hungary since 1999, has pointed to political uncertainty prompted...

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

OTP Fund Management, OTP Bank Slovenia Close Acquisition of Primorski Skladi

OTP Fund Management has completed the acquisition of Slovenian asset manager Primorski skladi d.o.o., Koper, together with OTP banka d.d.,...

K&H Bank Books Full-year Bank Levy, Windfall Profit Tax in Q1

K&H Bank, the Hungarian unit of Belgian's KBC, had a Q1 loss of HUF 19 billion as it booked the...

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

CIB Bank Survey: 48% of Hungarians Lack Sufficient Savings

A new representative survey by CIB Bank reveals that 32% of Hungarians have no savings, while another 16% could cover...

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...

Banking System Able to Boost Lending to HUF 40 tln, MNB Governor Says

Hungary's banking system is capable of boosting its lending to HUF 40 trillion, National Bank of Hungary (MNB) governor Mihály...

Banking Assoc Head Presses for ‘Professional Discourse’

The head of the Hungarian Banking Association called for "more professional discourse" with economic policy makers at a conference organised...

OTP Leans on Regional Strength, Approves HUF 300 bln Dividend

OTP Bank used its annual meeting to project confidence: profits remain near record levels, lending activity is strong, digital channels...

Large-value Transfers Disrupted in Hungarian Banking System – Report

Large-value bank transfers in Hungary were disrupted on Monday morning, potentially delaying salary payments and affecting corporate transactions across the...

Gránit Bank Shareholders Vote to Place 2025 Profit in Reserves

Shareholders of Gránit Bank approved a proposal to place all HUF 19.2 billion of 2025 earnings into profit reserves at...

KBC Pinpoints Impact of Hungarian Election, Bank Taxes

The Brussels-based KBC Group NV, the owner of K&H Bank in Hungary since 1999, has pointed to political uncertainty prompted...

Court Statistics Reveal Rising Bankruptcy Cases, Shifting Workload

The Budapest Court of Appeals reports that the end of COVID‑era payment moratoriums led to a rise in bankruptcy cases,...

OTP Profit Rises 7% as Loan Growth Outruns Heavier Gov’t tax Burden

OTP Group reported a consolidated adjusted after-tax profit of HUF 1.146 trillion for 2025, up 7% from the previous year,...