Banking

Banking

Loan Officers Survey Points to Tighter Corporate Credit Conditions

About 71% of Hungarian banks expect to tighten conditions for corporate credit in Q4 2022 and Q1 2023, the latest...

Banking

MKB Fund Plows EUR 15 mln Into Opus Agribusiness

Listed holding company Opus Global on Friday announced a decision on a EUR 15 mln capital raise at its agribusiness...

Banking

Companies Borrow Close to HUF 200 bln in September

Non-financial companies borrowed a net HUF 197 billion from Hungarian banks in September, state news wire MTI reports, citing monthly...

Banking

Households Make Net Withdrawals From Bank Accounts in Sep

Households made net withdrawals of HUF 124 billion from their accounts at Hungarian banks in September, monthly data released by...

Banking

OTP Bank Reducing Home Loan Products

OTP Bank is reducing the number of home loan products, according to profitline.hu....

Banking

Banking Assoc Criticizes Extension of Lending Rate Freeze to SMEs

"The high level of burdens on banks and the uncertainty caused by subsequent intervention in contractual relations has now reached...

Banking

EBRD Lending EUR 40 mln to Serbia’s Addiko Bank to Support SMEs

The European Bank for Reconstruction and Development said on Wednesday it will provide a loan of EUR 40 million to...

Banking

Central Bank Policymakers Leave Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

Banking

Gov’t Extends Lending Rate Freeze to Small Businesses

Hungary's government has decided to extend a freeze on lending rates to SMEs, Gergely Gulyás, the head of the Prime...

Banking

OTP Marks Financial Education Foundation Milestone

OTP Bank, Hungary's biggest commercial lender, marked the 30th anniversary of the establishment of the OTP Fáy András Foundation on...

Banking

Sberbank Depositors to Receive Full Claim, MNB Dep. Governor Says

The depositors of Sberbank will receive their full claim, with compensation starting next week, Csaba Kandrács, deputy governor of the...

Banking

MNB Fines Raiffeisen HUF 52 mln for Violations

The National Bank of Hungary (MNB) on Saturday said it fined Austrian-owned Raiffeisen Bank HUF 52 million for violating the...

Banking

Volume of Consumer Credit Contracts Falls 8%

The volume of consumer credit contracts concluded in the first eight months of the year fell by nearly 8% compared...

Banking

Romania C. Bank Raises Rates Further

Romania's central bank hiked the key policy rate on Wednesday, for the ninth session in a row, in a bid...

Banking

Romanian Central Bank FX Reserves Rise in Sep

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EU 43.711 billion at the end...

Banking

Loan Officers Survey Points to Tighter Corporate Credit Conditions

About 71% of Hungarian banks expect to tighten conditions for corporate credit in Q4 2022 and Q1 2023, the latest...

Banking

MKB Fund Plows EUR 15 mln Into Opus Agribusiness

Listed holding company Opus Global on Friday announced a decision on a EUR 15 mln capital raise at its agribusiness...

Banking

Companies Borrow Close to HUF 200 bln in September

Non-financial companies borrowed a net HUF 197 billion from Hungarian banks in September, state news wire MTI reports, citing monthly...

Banking

Households Make Net Withdrawals From Bank Accounts in Sep

Households made net withdrawals of HUF 124 billion from their accounts at Hungarian banks in September, monthly data released by...

Banking

OTP Bank Reducing Home Loan Products

OTP Bank is reducing the number of home loan products, according to profitline.hu....

Banking

Banking Assoc Criticizes Extension of Lending Rate Freeze to SMEs

"The high level of burdens on banks and the uncertainty caused by subsequent intervention in contractual relations has now reached...

Banking

EBRD Lending EUR 40 mln to Serbia’s Addiko Bank to Support SMEs

The European Bank for Reconstruction and Development said on Wednesday it will provide a loan of EUR 40 million to...

Banking

Central Bank Policymakers Leave Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

Banking

Gov’t Extends Lending Rate Freeze to Small Businesses

Hungary's government has decided to extend a freeze on lending rates to SMEs, Gergely Gulyás, the head of the Prime...

Banking

OTP Marks Financial Education Foundation Milestone

OTP Bank, Hungary's biggest commercial lender, marked the 30th anniversary of the establishment of the OTP Fáy András Foundation on...

Banking

Sberbank Depositors to Receive Full Claim, MNB Dep. Governor Says

The depositors of Sberbank will receive their full claim, with compensation starting next week, Csaba Kandrács, deputy governor of the...

Banking

MNB Fines Raiffeisen HUF 52 mln for Violations

The National Bank of Hungary (MNB) on Saturday said it fined Austrian-owned Raiffeisen Bank HUF 52 million for violating the...

Banking

Volume of Consumer Credit Contracts Falls 8%

The volume of consumer credit contracts concluded in the first eight months of the year fell by nearly 8% compared...

Banking

Romania C. Bank Raises Rates Further

Romania's central bank hiked the key policy rate on Wednesday, for the ninth session in a row, in a bid...

Banking

Romanian Central Bank FX Reserves Rise in Sep

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EU 43.711 billion at the end...

Loan Officers Survey Points to Tighter Corporate Credit Conditions

About 71% of Hungarian banks expect to tighten conditions for corporate credit in Q4 2022 and Q1 2023, the latest...

MKB Fund Plows EUR 15 mln Into Opus Agribusiness

Listed holding company Opus Global on Friday announced a decision on a EUR 15 mln capital raise at its agribusiness...

Companies Borrow Close to HUF 200 bln in September

Non-financial companies borrowed a net HUF 197 billion from Hungarian banks in September, state news wire MTI reports, citing monthly...

Households Make Net Withdrawals From Bank Accounts in Sep

Households made net withdrawals of HUF 124 billion from their accounts at Hungarian banks in September, monthly data released by...

OTP Bank Reducing Home Loan Products

OTP Bank is reducing the number of home loan products, according to profitline.hu....

Banking Assoc Criticizes Extension of Lending Rate Freeze to SMEs

"The high level of burdens on banks and the uncertainty caused by subsequent intervention in contractual relations has now reached...

EBRD Lending EUR 40 mln to Serbia’s Addiko Bank to Support SMEs

The European Bank for Reconstruction and Development said on Wednesday it will provide a loan of EUR 40 million to...

Central Bank Policymakers Leave Base Rate on Hold

The Monetary Council of the National Bank of Hungary (MNB) left the central bank's base rate on hold at 13%...

Gov’t Extends Lending Rate Freeze to Small Businesses

Hungary's government has decided to extend a freeze on lending rates to SMEs, Gergely Gulyás, the head of the Prime...

OTP Marks Financial Education Foundation Milestone

OTP Bank, Hungary's biggest commercial lender, marked the 30th anniversary of the establishment of the OTP Fáy András Foundation on...

Sberbank Depositors to Receive Full Claim, MNB Dep. Governor Says

The depositors of Sberbank will receive their full claim, with compensation starting next week, Csaba Kandrács, deputy governor of the...

MNB Fines Raiffeisen HUF 52 mln for Violations

The National Bank of Hungary (MNB) on Saturday said it fined Austrian-owned Raiffeisen Bank HUF 52 million for violating the...

Volume of Consumer Credit Contracts Falls 8%

The volume of consumer credit contracts concluded in the first eight months of the year fell by nearly 8% compared...

Romania C. Bank Raises Rates Further

Romania's central bank hiked the key policy rate on Wednesday, for the ninth session in a row, in a bid...

Romanian Central Bank FX Reserves Rise in Sep

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EU 43.711 billion at the end...