Banking

Banking

Prague Municipal Court Declares Sberbank CZ Bankrupt

The Prague Municipal Court declared Sberbank CZ, a bank with links to Russia, bankrupt on Friday, reported the Czech Radio....

Banking

Application Deadline for Diákhitel Plusz Credit Approaches

State-owned student loan provider Diákhitel on Friday said that the deadline for applying for Diákhitel Plusz credit, a one-time general-purpose...

Banking

Takarék Mortgage Bank Balance Sheet Expands 18%

Total assets of Takarék Mortgage Bank, a member of Magyar Bankholding, stood at HUF 758 billion at the end of...

Banking

Hungary Leasing Market Expands 20%

Leasing outlays in Hungary rose 20% year-on-year to HUF 420.2 billion in the first half, the Hungarian Leasing Association said...

Banking

Gránit Bank Acquiring Majority Stake in Equilor

Gránit Bank is acquiring a 50%-plus-one-vote stake in independent brokerage and investment company Equilor Investment Ltd., the parties said on...

Banking

OTP Q2 Profits Fall 38% y.o.y.

Consolidated second-quarter after-tax profit of OTP Bank fell 38% year-on-year to HUF 76.1 billion, dragged lower by a windfall profit...

Banking

Kafijat Shareholder Group in OTP Terminated

The shareholder group in OTP Bank of Kafijat and MGTR Alliance has been terminated, the shareholders informed the lender on...

Banking

HUF 128.2 bln in Home Loans Contracts Signed in June

Hungarian banks signed home loan contracts worth HUF 128.2 billion in June, down 6% from the same month a year...

Banking

Romanian C. Bank FX Reserves Rise in July

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EUR 42.768 billion at the end...

Banking

Companies Borrow Close to HUF 300 bln in June

Non-financial companies took out net HUF 296 billion of loans from Hungarian banks in June, state news wire MTI reports...

Banking

Household Deposits, Withdrawals Level out After Feb Windfall

Households withdrew about as much as they deposited from their accounts at Hungarian banks in June, state news wire MTi...

Banking

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Banking

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

Banking

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

Banking

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...

Banking

Prague Municipal Court Declares Sberbank CZ Bankrupt

The Prague Municipal Court declared Sberbank CZ, a bank with links to Russia, bankrupt on Friday, reported the Czech Radio....

Banking

Application Deadline for Diákhitel Plusz Credit Approaches

State-owned student loan provider Diákhitel on Friday said that the deadline for applying for Diákhitel Plusz credit, a one-time general-purpose...

Banking

Takarék Mortgage Bank Balance Sheet Expands 18%

Total assets of Takarék Mortgage Bank, a member of Magyar Bankholding, stood at HUF 758 billion at the end of...

Banking

Hungary Leasing Market Expands 20%

Leasing outlays in Hungary rose 20% year-on-year to HUF 420.2 billion in the first half, the Hungarian Leasing Association said...

Banking

Gránit Bank Acquiring Majority Stake in Equilor

Gránit Bank is acquiring a 50%-plus-one-vote stake in independent brokerage and investment company Equilor Investment Ltd., the parties said on...

Banking

OTP Q2 Profits Fall 38% y.o.y.

Consolidated second-quarter after-tax profit of OTP Bank fell 38% year-on-year to HUF 76.1 billion, dragged lower by a windfall profit...

Banking

Kafijat Shareholder Group in OTP Terminated

The shareholder group in OTP Bank of Kafijat and MGTR Alliance has been terminated, the shareholders informed the lender on...

Banking

HUF 128.2 bln in Home Loans Contracts Signed in June

Hungarian banks signed home loan contracts worth HUF 128.2 billion in June, down 6% from the same month a year...

Banking

Romanian C. Bank FX Reserves Rise in July

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EUR 42.768 billion at the end...

Banking

Companies Borrow Close to HUF 300 bln in June

Non-financial companies took out net HUF 296 billion of loans from Hungarian banks in June, state news wire MTI reports...

Banking

Household Deposits, Withdrawals Level out After Feb Windfall

Households withdrew about as much as they deposited from their accounts at Hungarian banks in June, state news wire MTi...

Banking

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Banking

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

Banking

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

Banking

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...

Prague Municipal Court Declares Sberbank CZ Bankrupt

The Prague Municipal Court declared Sberbank CZ, a bank with links to Russia, bankrupt on Friday, reported the Czech Radio....

Application Deadline for Diákhitel Plusz Credit Approaches

State-owned student loan provider Diákhitel on Friday said that the deadline for applying for Diákhitel Plusz credit, a one-time general-purpose...

Takarék Mortgage Bank Balance Sheet Expands 18%

Total assets of Takarék Mortgage Bank, a member of Magyar Bankholding, stood at HUF 758 billion at the end of...

Hungary Leasing Market Expands 20%

Leasing outlays in Hungary rose 20% year-on-year to HUF 420.2 billion in the first half, the Hungarian Leasing Association said...

Gránit Bank Acquiring Majority Stake in Equilor

Gránit Bank is acquiring a 50%-plus-one-vote stake in independent brokerage and investment company Equilor Investment Ltd., the parties said on...

OTP Q2 Profits Fall 38% y.o.y.

Consolidated second-quarter after-tax profit of OTP Bank fell 38% year-on-year to HUF 76.1 billion, dragged lower by a windfall profit...

Kafijat Shareholder Group in OTP Terminated

The shareholder group in OTP Bank of Kafijat and MGTR Alliance has been terminated, the shareholders informed the lender on...

HUF 128.2 bln in Home Loans Contracts Signed in June

Hungarian banks signed home loan contracts worth HUF 128.2 billion in June, down 6% from the same month a year...

Romanian C. Bank FX Reserves Rise in July

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, rose to EUR 42.768 billion at the end...

Companies Borrow Close to HUF 300 bln in June

Non-financial companies took out net HUF 296 billion of loans from Hungarian banks in June, state news wire MTI reports...

Household Deposits, Withdrawals Level out After Feb Windfall

Households withdrew about as much as they deposited from their accounts at Hungarian banks in June, state news wire MTi...

MKB Bank Completes Takeover of Sberbank Hungary Loan Portfolio

MKB Bank on Monday said it has completed the takeover of the credit portfolio of failed Sberbank Magyarország, according to...

Erste Group earnings in Hungary fall as windfall profit tax weighs

Austria's Erste Group booked a first-half net income EUR 6.6 million at its business in Hungary, dropping 92% from the...

EIB funds to help rebuild Ukraine

The European Investment Bank has said it will provide funds to Ukraine to help it repair critical infrastructure damaged during...

EBRD to support Moroccan wind upgrade

The owner of one of Africa's oldest wind farms has secured financing to repower the facility to double its capacity...