Banking

Banking

MNB caps client withdrawals at Sberbank Magyarország

The National Bank of Hungary (MNB) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarorszag...

Banking

2-day bank holiday ordered for Sberbank Magyarország

The National Bank of Hungary (MNB) on Monday said it ordered a two-day bank holiday at Sberbank Magyarország after the...

Banking

60% of Hungarians use bank cards daily

Some 58% of Hungarian banking customers use their card daily for in-store payments, and 72% of those surveyed pay this...

Banking

Romania annual bank deposits growth in Jan

The deposits of the non-governmental sector in Romanian banks grew 13.5% on the year to RON 479 billion (EUR 97...

Banking

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

Banking

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

Banking

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Banking

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

Banking

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

Banking

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

Banking

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Banking

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...

Banking

Close to HUF 98 bln of MFB recovery microloans approved

Close to HUF 98 billion of Hungarian Development Bank (MFB) interest-free microloans the government launched in the spring to aid...

Banking

Poland central bank raises rates again

Poland's central bank raised interest rates for a second time this year, citing the risk of high inflation that could...

Banking

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...

Banking

MNB caps client withdrawals at Sberbank Magyarország

The National Bank of Hungary (MNB) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarorszag...

Banking

2-day bank holiday ordered for Sberbank Magyarország

The National Bank of Hungary (MNB) on Monday said it ordered a two-day bank holiday at Sberbank Magyarország after the...

Banking

60% of Hungarians use bank cards daily

Some 58% of Hungarian banking customers use their card daily for in-store payments, and 72% of those surveyed pay this...

Banking

Romania annual bank deposits growth in Jan

The deposits of the non-governmental sector in Romanian banks grew 13.5% on the year to RON 479 billion (EUR 97...

Banking

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

Banking

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

Banking

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Banking

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

Banking

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

Banking

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

Banking

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Banking

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...

Banking

Close to HUF 98 bln of MFB recovery microloans approved

Close to HUF 98 billion of Hungarian Development Bank (MFB) interest-free microloans the government launched in the spring to aid...

Banking

Poland central bank raises rates again

Poland's central bank raised interest rates for a second time this year, citing the risk of high inflation that could...

Banking

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...

MNB caps client withdrawals at Sberbank Magyarország

The National Bank of Hungary (MNB) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarorszag...

2-day bank holiday ordered for Sberbank Magyarország

The National Bank of Hungary (MNB) on Monday said it ordered a two-day bank holiday at Sberbank Magyarország after the...

60% of Hungarians use bank cards daily

Some 58% of Hungarian banking customers use their card daily for in-store payments, and 72% of those surveyed pay this...

Romania annual bank deposits growth in Jan

The deposits of the non-governmental sector in Romanian banks grew 13.5% on the year to RON 479 billion (EUR 97...

CIG Pannónia, Hungarian Bankholding sign 20-year strategic coop deal

CIG Pannónia Group has signed a 20-year strategic cooperation framework agreement with Hungarian Bankholding member banks, MKB Bank Nyrt., Takarékbank...

Magyar Bankholding picks Thought Machine as digital banking partner

Magyar Bankholding Group has chosen the London-based Thought Machine as its partner to launch its new digital banking world, becoming...

The Fragility of the European Banking System

It is often unappreciated that Europe escaped the 1929 depression that began in the United States until the 1931 collapse...

Hungary leasing market expands 14% in 2021

New lease contract value rose 14% to HUF 726 billion last year, the head of the Hungarian Leasing Association said...

Moldova hikes key rate to 10.5%

The National Bank of Moldova raised its benchmark interest rate by 200 basis points to 10.5% on Tuesday to curb...

K&H Bank earnings climb 78% in 2021

The after-tax profit of K&H Bank, a unit of Belgium's KBC, rose 78% to HUF 75 billion last year, CEO...

EBRD supports steel industry decarbonization in Slovenia

The European Bank for Reconstruction and Development is participating in Slovenian Steel Group's (SIJ Group) EUR 230 million long-term debt...

Serbian c. bank’s FX reserves fall in Jan

The foreign exchange (FX) reserves held by Serbia's central bank amounted to EUR 16.11 billion at the end of January,...

Close to HUF 98 bln of MFB recovery microloans approved

Close to HUF 98 billion of Hungarian Development Bank (MFB) interest-free microloans the government launched in the spring to aid...

Poland central bank raises rates again

Poland's central bank raised interest rates for a second time this year, citing the risk of high inflation that could...

Net asset value of investment funds rises to HUF 10.430 tln

Net asset value of Hungarian investment funds rose to HUF 10.430 trillion at the end of December, state news wire...