Banking

Banking

N. Macedonia’s c. bank raises key policy rate 

North Macedonia's central bank said on Wednesday it decided to raise its policy rate by 0.25 percentage points to 2%,...

Banking

OBA repays MNB bridging loan for Sberbank depositor compensation

Hungary's National Deposit Insurance Fund (OBA) on Thursday said it repaid a HUF 147 billion bridging loan from the National...

Banking

EBRD, Sweden, Banca Intesa boost women entrepreneurs in Serbia

The European Bank for Reconstruction and Development is extending an EUR 8 million loan to Banca Intesa Belgrade in Serbia,...

Banking

Banking sector liquidity increases in May

Forint liquidity of Hungary's banking sector rose in May, reflected mainly by an increase in the average stock of lenders'...

Banking

Value of bank card purchases rises one-third in Q1

The value of purchases in Hungary made with locally-issued bank cards climbed 33% year-on-year to HUF 2.606 tln in the...

Banking

Hungarians would like to use bank cards more during domestic holidays

People would like to use their bank cards much more often on holiday, but domestic retailers and service providers are...

Banking

OTP to pay HUF 78.3 bln windfall tax in 2022

OTP Bank, Hungary's biggest commercial lender, will pay HUF 78.3 billion this year on a tax on "extra profit" the...

Banking

Lenders voice opposition to windfall tax

The Hungarian Banking Association warned that burdening the sector with a windfall tax could reduce lending activity in a statement...

Banking

OTP announces deal to set up Chinese JV

OTP Bank, Hungary's biggest commercial lender, on Friday said it agreed with partners to establish a consumer finance joint venture...

Banking

Write-downs weigh on banking sector profit in Q1 

After-tax profit of Hungary's banking sector fell 57% year-on-year to HUF 78 billion in the first quarter, dragged lower by...

Banking

Households continue to make net withdrawals in April

Households withdrew net HUF 21 billion from their bank accounts in April, two months after a tax rebate for families...

Banking

Policymakers raise base rate 50 bp to 5.9%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Banking

Gránit Bank assets up 20% last year

Total assets of Gránit Bank rose 20%, close to HUF 700 billion, last year, chairman-CEO Éva Hegedüs said after the...

Banking

Romania’s annual bank deposits growth slows in Apr

The deposits of the non-governmental sector in Romanian banks grew 10.9% on the year to RON 480.6 billion (EUR 97.2...

Banking

MKB Q1 profit slips as integration costs rise

First-quarter after-tax profit of MKB Bank fell 12% year-on-year to HUF 23.5 billion as integration costs climbed, state news wire...

Banking

N. Macedonia’s c. bank raises key policy rate 

North Macedonia's central bank said on Wednesday it decided to raise its policy rate by 0.25 percentage points to 2%,...

Banking

OBA repays MNB bridging loan for Sberbank depositor compensation

Hungary's National Deposit Insurance Fund (OBA) on Thursday said it repaid a HUF 147 billion bridging loan from the National...

Banking

EBRD, Sweden, Banca Intesa boost women entrepreneurs in Serbia

The European Bank for Reconstruction and Development is extending an EUR 8 million loan to Banca Intesa Belgrade in Serbia,...

Banking

Banking sector liquidity increases in May

Forint liquidity of Hungary's banking sector rose in May, reflected mainly by an increase in the average stock of lenders'...

Banking

Value of bank card purchases rises one-third in Q1

The value of purchases in Hungary made with locally-issued bank cards climbed 33% year-on-year to HUF 2.606 tln in the...

Banking

Hungarians would like to use bank cards more during domestic holidays

People would like to use their bank cards much more often on holiday, but domestic retailers and service providers are...

Banking

OTP to pay HUF 78.3 bln windfall tax in 2022

OTP Bank, Hungary's biggest commercial lender, will pay HUF 78.3 billion this year on a tax on "extra profit" the...

Banking

Lenders voice opposition to windfall tax

The Hungarian Banking Association warned that burdening the sector with a windfall tax could reduce lending activity in a statement...

Banking

OTP announces deal to set up Chinese JV

OTP Bank, Hungary's biggest commercial lender, on Friday said it agreed with partners to establish a consumer finance joint venture...

Banking

Write-downs weigh on banking sector profit in Q1 

After-tax profit of Hungary's banking sector fell 57% year-on-year to HUF 78 billion in the first quarter, dragged lower by...

Banking

Households continue to make net withdrawals in April

Households withdrew net HUF 21 billion from their bank accounts in April, two months after a tax rebate for families...

Banking

Policymakers raise base rate 50 bp to 5.9%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Banking

Gránit Bank assets up 20% last year

Total assets of Gránit Bank rose 20%, close to HUF 700 billion, last year, chairman-CEO Éva Hegedüs said after the...

Banking

Romania’s annual bank deposits growth slows in Apr

The deposits of the non-governmental sector in Romanian banks grew 10.9% on the year to RON 480.6 billion (EUR 97.2...

Banking

MKB Q1 profit slips as integration costs rise

First-quarter after-tax profit of MKB Bank fell 12% year-on-year to HUF 23.5 billion as integration costs climbed, state news wire...

N. Macedonia’s c. bank raises key policy rate 

North Macedonia's central bank said on Wednesday it decided to raise its policy rate by 0.25 percentage points to 2%,...

OBA repays MNB bridging loan for Sberbank depositor compensation

Hungary's National Deposit Insurance Fund (OBA) on Thursday said it repaid a HUF 147 billion bridging loan from the National...

EBRD, Sweden, Banca Intesa boost women entrepreneurs in Serbia

The European Bank for Reconstruction and Development is extending an EUR 8 million loan to Banca Intesa Belgrade in Serbia,...

Banking sector liquidity increases in May

Forint liquidity of Hungary's banking sector rose in May, reflected mainly by an increase in the average stock of lenders'...

Value of bank card purchases rises one-third in Q1

The value of purchases in Hungary made with locally-issued bank cards climbed 33% year-on-year to HUF 2.606 tln in the...

Hungarians would like to use bank cards more during domestic holidays

People would like to use their bank cards much more often on holiday, but domestic retailers and service providers are...

OTP to pay HUF 78.3 bln windfall tax in 2022

OTP Bank, Hungary's biggest commercial lender, will pay HUF 78.3 billion this year on a tax on "extra profit" the...

Lenders voice opposition to windfall tax

The Hungarian Banking Association warned that burdening the sector with a windfall tax could reduce lending activity in a statement...

OTP announces deal to set up Chinese JV

OTP Bank, Hungary's biggest commercial lender, on Friday said it agreed with partners to establish a consumer finance joint venture...

Write-downs weigh on banking sector profit in Q1 

After-tax profit of Hungary's banking sector fell 57% year-on-year to HUF 78 billion in the first quarter, dragged lower by...

Households continue to make net withdrawals in April

Households withdrew net HUF 21 billion from their bank accounts in April, two months after a tax rebate for families...

Policymakers raise base rate 50 bp to 5.9%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 50...

Gránit Bank assets up 20% last year

Total assets of Gránit Bank rose 20%, close to HUF 700 billion, last year, chairman-CEO Éva Hegedüs said after the...

Romania’s annual bank deposits growth slows in Apr

The deposits of the non-governmental sector in Romanian banks grew 10.9% on the year to RON 480.6 billion (EUR 97.2...

MKB Q1 profit slips as integration costs rise

First-quarter after-tax profit of MKB Bank fell 12% year-on-year to HUF 23.5 billion as integration costs climbed, state news wire...