Banking

Banking

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Banking

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Banking

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Banking

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Banking

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Banking

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

Banking

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Banking

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Banking

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Banking

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

Banking

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Banking

Ukraine Crisis: OTP still serving customers in Ukraine

OTP Bank has told the Budapest Business Journal it is still serving customers in Ukraine where it can do so...

Banking

Romanian c. bank FX reserves fall in Feb

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, fell to EUR 41.877 billion at the end...

Banking

Households make net withdrawals from bank deposits in Jan

Households made net withdrawals of HUF 166 billion from bank deposits in January, state news wire MTI reports citing data...

Banking

MNB withdraws Sberbank Magyarország license

The National Bank of Hungary (MNB) said it withdrew the lending license of Russian-owned Sberbank Magyarország because of its "serious...

Banking

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Banking

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Banking

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Banking

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Banking

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Banking

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

Banking

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Banking

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Banking

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Banking

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

Banking

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Banking

Ukraine Crisis: OTP still serving customers in Ukraine

OTP Bank has told the Budapest Business Journal it is still serving customers in Ukraine where it can do so...

Banking

Romanian c. bank FX reserves fall in Feb

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, fell to EUR 41.877 billion at the end...

Banking

Households make net withdrawals from bank deposits in Jan

Households made net withdrawals of HUF 166 billion from bank deposits in January, state news wire MTI reports citing data...

Banking

MNB withdraws Sberbank Magyarország license

The National Bank of Hungary (MNB) said it withdrew the lending license of Russian-owned Sberbank Magyarország because of its "serious...

Automated Financial Assistant Spreading net at Magyar Bankholding

An automated financial assistant developed to make bookkeeping simpler for small businesses is being made available in all member banks...

Croatia non-central govt deposit, loan up in January

The deposits of Croatia's non-central government sector increased by 10.8% year-on-year and dipped by 0.1% month-on-month in January, reaching HRK...

Banks’ corporate lending stock climbs close to 11% in 2021

Hungarian banks' corporate lending stock rose 10.7%, or around HUF 1 trillion, last year, news agency MTI reports, citing a...

Hungarian Bankholding launches client info campaign as MKB-Budapest Bank merger nears

On March 31, Budapest Bank and MKB Bank are set to merge in a three-way bank merger led by Hungarian...

Erste Bank Hungary profit climbs over HUF 59 bln in 2021

Austrian-owned Erste Bank Hungary had an after-tax profit of HUF 59.2 billion last year, up from HUF 22.9 bln in...

Csányi fund buys more OTP shares on the cheap

An investment fund of OTP Bank chairman-CEO Sándor Csányi bought over HUF 1.2 billion of OTP shares on Tuesday, as...

Households withdraw HUF 166 bln from bank deposits in January

Households made net withdrawals of HUF 166 billion from bank deposits in January, according to data released by the National...

Bond subscriptions make up 90% of corporate lending 

Bond subscriptions accounted for more than 90% of banks' net corporate lending in January, according to monthly data released by...

Bulgaria to pull out of International Investment Bank

The Bulgarian government said it will cancel the country's membership of Budapest, Hungary-based International Investment Bank (IIB) and Moscow-headquartered International...

Raiffeisen Bank Hungary profit exceeds HUF 36 bln in 2021

Raiffeisen Bank Hungary closed a successful 2021, achieving a profit of more than HUF 36 billion, up about 150% compared...

OTP Q4 profit climbs 69% y.o.y.

Consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 69% year-on-year to HUF 121.1 billion, lifted by an...

Ukraine Crisis: OTP still serving customers in Ukraine

OTP Bank has told the Budapest Business Journal it is still serving customers in Ukraine where it can do so...

Romanian c. bank FX reserves fall in Feb

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, fell to EUR 41.877 billion at the end...

Households make net withdrawals from bank deposits in Jan

Households made net withdrawals of HUF 166 billion from bank deposits in January, state news wire MTI reports citing data...

MNB withdraws Sberbank Magyarország license

The National Bank of Hungary (MNB) said it withdrew the lending license of Russian-owned Sberbank Magyarország because of its "serious...