Banking

Banking

MKB Q1-Q3 Earnings Climb 16%

Consolidated after-tax profit of MKB Bank rose 16% year-on-year to HUF 92.6 billion in Q1-Q3, an earnings report released on...

Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

Erste Bank Hungary is holding a bank holiday from 10:00 in the evening on December 1 until midnight on December...

Banking

EBRD Lends EUR 43 mln to Modernize Serbia Cargo’s Rail Fleet

The European Bank for Reconstruction and Development is stepping up its support for Serbia's rail sector by extending a EUR...

Banking

K&H Bank Fined for Irregularities

The National Bank of Hungary (MNB) on Friday said it fined K&H Bank HUF 48 million for shortcomings and violations...

Banking

OTP Completes EUR 650 mln International Bond Issue

OTP Bank, Hungary's biggest commercial lender, on Friday announced a EUR 650 million issue on the international bond market, according...

Banking

EBRD Provides Guarantees to OTP Units in Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing unfunded risk-sharing facilities to back up to half of EUR...

Banking

Polish Banking Sector Net Profit Fell by 40% in Jan-Sep

The net profit of Poland's banking sector in January-September amounted to PLN 5.52 billion (EUR 1.17 billion), a decrease of...

Banking

Erste Bank Taking Over Customers From Commerzbank

The Commerzbank HQ on the banks of the Danube at Széchenyi rakpart 8 in District V....

Banking

1/4 of Farm Sector Borrowers Join Repayment Moratorium

Around one-quarter of eligible farm sector borrowers have joined a repayment moratorium started in September, the National Bank of Hungary...

Banking

K&H Bank Q1-Q3 Profit Falls 48%

After-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, fell 48% year-on-year to HUF 31 billion in Q1-Q3,...

Banking

Policy Tools Reduce HUF Liquidity of Banking Sector in Oct

Sterilization instruments rolled out by central bank policymakers in October caused forint liquidity in the banking sector to narrow during...

Banking

OTP Could Announce Uzbek Acquisition Soon – Orbán

Prime Minister Viktor Orbán said OTP Bank, Hungary's biggest commercial lender, could announce soon the acquisition of a lender in...

Banking

EBRD Lending EUR 9 mln to Bosnia’s Raiffeisen Bank in SME Support

The European Bank for Reconstruction and Development said it is providing a EUR 9 million loan to Bosnia and Herzegovina's...

Banking

OTP Q3 Earnings Climb 57%

Consolidated third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 57% to HUF 189.2 billion as margins improved...

Banking

Erste Bank Hungary Earnings Fall 59% in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary fell 59% year-on-year to HUF 18.3 billion in Q1-Q3, chairman-CEO Radovan Jelasity said...

Banking

MKB Q1-Q3 Earnings Climb 16%

Consolidated after-tax profit of MKB Bank rose 16% year-on-year to HUF 92.6 billion in Q1-Q3, an earnings report released on...

Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

Erste Bank Hungary is holding a bank holiday from 10:00 in the evening on December 1 until midnight on December...

Banking

EBRD Lends EUR 43 mln to Modernize Serbia Cargo’s Rail Fleet

The European Bank for Reconstruction and Development is stepping up its support for Serbia's rail sector by extending a EUR...

Banking

K&H Bank Fined for Irregularities

The National Bank of Hungary (MNB) on Friday said it fined K&H Bank HUF 48 million for shortcomings and violations...

Banking

OTP Completes EUR 650 mln International Bond Issue

OTP Bank, Hungary's biggest commercial lender, on Friday announced a EUR 650 million issue on the international bond market, according...

Banking

EBRD Provides Guarantees to OTP Units in Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing unfunded risk-sharing facilities to back up to half of EUR...

Banking

Polish Banking Sector Net Profit Fell by 40% in Jan-Sep

The net profit of Poland's banking sector in January-September amounted to PLN 5.52 billion (EUR 1.17 billion), a decrease of...

Banking

Erste Bank Taking Over Customers From Commerzbank

The Commerzbank HQ on the banks of the Danube at Széchenyi rakpart 8 in District V....

Banking

1/4 of Farm Sector Borrowers Join Repayment Moratorium

Around one-quarter of eligible farm sector borrowers have joined a repayment moratorium started in September, the National Bank of Hungary...

Banking

K&H Bank Q1-Q3 Profit Falls 48%

After-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, fell 48% year-on-year to HUF 31 billion in Q1-Q3,...

Banking

Policy Tools Reduce HUF Liquidity of Banking Sector in Oct

Sterilization instruments rolled out by central bank policymakers in October caused forint liquidity in the banking sector to narrow during...

Banking

OTP Could Announce Uzbek Acquisition Soon – Orbán

Prime Minister Viktor Orbán said OTP Bank, Hungary's biggest commercial lender, could announce soon the acquisition of a lender in...

Banking

EBRD Lending EUR 9 mln to Bosnia’s Raiffeisen Bank in SME Support

The European Bank for Reconstruction and Development said it is providing a EUR 9 million loan to Bosnia and Herzegovina's...

Banking

OTP Q3 Earnings Climb 57%

Consolidated third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 57% to HUF 189.2 billion as margins improved...

Banking

Erste Bank Hungary Earnings Fall 59% in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary fell 59% year-on-year to HUF 18.3 billion in Q1-Q3, chairman-CEO Radovan Jelasity said...

MKB Q1-Q3 Earnings Climb 16%

Consolidated after-tax profit of MKB Bank rose 16% year-on-year to HUF 92.6 billion in Q1-Q3, an earnings report released on...

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

Erste Bank Hungary is holding a bank holiday from 10:00 in the evening on December 1 until midnight on December...

EBRD Lends EUR 43 mln to Modernize Serbia Cargo’s Rail Fleet

The European Bank for Reconstruction and Development is stepping up its support for Serbia's rail sector by extending a EUR...

K&H Bank Fined for Irregularities

The National Bank of Hungary (MNB) on Friday said it fined K&H Bank HUF 48 million for shortcomings and violations...

OTP Completes EUR 650 mln International Bond Issue

OTP Bank, Hungary's biggest commercial lender, on Friday announced a EUR 650 million issue on the international bond market, according...

EBRD Provides Guarantees to OTP Units in Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing unfunded risk-sharing facilities to back up to half of EUR...

Polish Banking Sector Net Profit Fell by 40% in Jan-Sep

The net profit of Poland's banking sector in January-September amounted to PLN 5.52 billion (EUR 1.17 billion), a decrease of...

Erste Bank Taking Over Customers From Commerzbank

The Commerzbank HQ on the banks of the Danube at Széchenyi rakpart 8 in District V....

1/4 of Farm Sector Borrowers Join Repayment Moratorium

Around one-quarter of eligible farm sector borrowers have joined a repayment moratorium started in September, the National Bank of Hungary...

K&H Bank Q1-Q3 Profit Falls 48%

After-tax profit of K&H Bank, the Hungarian unit of Belgium's KBC, fell 48% year-on-year to HUF 31 billion in Q1-Q3,...

Policy Tools Reduce HUF Liquidity of Banking Sector in Oct

Sterilization instruments rolled out by central bank policymakers in October caused forint liquidity in the banking sector to narrow during...

OTP Could Announce Uzbek Acquisition Soon – Orbán

Prime Minister Viktor Orbán said OTP Bank, Hungary's biggest commercial lender, could announce soon the acquisition of a lender in...

EBRD Lending EUR 9 mln to Bosnia’s Raiffeisen Bank in SME Support

The European Bank for Reconstruction and Development said it is providing a EUR 9 million loan to Bosnia and Herzegovina's...

OTP Q3 Earnings Climb 57%

Consolidated third-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 57% to HUF 189.2 billion as margins improved...

Erste Bank Hungary Earnings Fall 59% in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary fell 59% year-on-year to HUF 18.3 billion in Q1-Q3, chairman-CEO Radovan Jelasity said...