Banking

Banking

Croatia’s c. bank FX reserves up in January

The foreign exchange (FX) reserves held by Croatia's central bank rose by an annual 3.7% at the end of January,...

Banking

Eximbank launches subsidized credit scheme for SMEs

Magyar Eximbank on Monday announced the launch of a subsidized investment credit scheme for microbusinesses and SMEs that export, supply...

Banking

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Banking

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

Banking

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Banking

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

Banking

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Banking

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

Banking

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Banking

Erste earnings fall more than 2/3 on impairment

Austrian banking group Erste booked net income of EUR 56.1 million at its business in Hungary last year, down 68%...

Banking

Bulgaria’s non-govt deposit growth speeds up in Jan

Deposits of Bulgaria's non-government sector rose by 11.9% year-on-year in January, to BGN 94.1 billion (EUR 48.1 billion), after growing...

Banking

Serbian banks’ NPL ratio rises at end-December

The ratio of non-performing loans (NPLs) in Serbia's banking sector rose to 3.7% at the end of December from record-low...

Banking

MKIK urges broader eligibility for interest-free microloans

The chairman of the Hungarian Chamber of Commerce and Industry (MKIK) said the government should expand eligibility for interest-free microloans...

Banking

Insolvencies in Romania down in 2020 

In 2020, 5,564 new insolvency proceedings were opened in Romania, 13% fewer registered in the previous year, reported the reported...

Banking

K&H Bank reports net profit of HUF 42.3 bln in 2020

K&H Bank recorded a net profit of HUF 42.3 billion, a 6% increase y.o.y. on underlying basis, excluding the HUF...

Banking

Croatia’s c. bank FX reserves up in January

The foreign exchange (FX) reserves held by Croatia's central bank rose by an annual 3.7% at the end of January,...

Banking

Eximbank launches subsidized credit scheme for SMEs

Magyar Eximbank on Monday announced the launch of a subsidized investment credit scheme for microbusinesses and SMEs that export, supply...

Banking

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Banking

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

Banking

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Banking

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

Banking

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Banking

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

Banking

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Banking

Erste earnings fall more than 2/3 on impairment

Austrian banking group Erste booked net income of EUR 56.1 million at its business in Hungary last year, down 68%...

Banking

Bulgaria’s non-govt deposit growth speeds up in Jan

Deposits of Bulgaria's non-government sector rose by 11.9% year-on-year in January, to BGN 94.1 billion (EUR 48.1 billion), after growing...

Banking

Serbian banks’ NPL ratio rises at end-December

The ratio of non-performing loans (NPLs) in Serbia's banking sector rose to 3.7% at the end of December from record-low...

Banking

MKIK urges broader eligibility for interest-free microloans

The chairman of the Hungarian Chamber of Commerce and Industry (MKIK) said the government should expand eligibility for interest-free microloans...

Banking

Insolvencies in Romania down in 2020 

In 2020, 5,564 new insolvency proceedings were opened in Romania, 13% fewer registered in the previous year, reported the reported...

Banking

K&H Bank reports net profit of HUF 42.3 bln in 2020

K&H Bank recorded a net profit of HUF 42.3 billion, a 6% increase y.o.y. on underlying basis, excluding the HUF...

Croatia’s c. bank FX reserves up in January

The foreign exchange (FX) reserves held by Croatia's central bank rose by an annual 3.7% at the end of January,...

Eximbank launches subsidized credit scheme for SMEs

Magyar Eximbank on Monday announced the launch of a subsidized investment credit scheme for microbusinesses and SMEs that export, supply...

Banking sector key to sustainability – EY report

According to research by Big Four company EY, European banks are among the world’s leaders on sustainability; with the 10...

Pandemic-related provisions weigh on OTP profits

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, fell 31% year-on-year to HUF 71.5 billion as pandemic-related...

Poland holds key interest rate at record low

The National Bank of Poland held its benchmark reference rate at a record low of 0.1% during its meeting on...

Széchenyi Card crisis credit schemes extended till year-end

The deadline for applying for low-interest credit schemes for Hungarian companies hit by the coronavirus crisis available in the framework...

Hungarian banking sector lags behind in green finance

Hungary's banking sector has until now "only marginally" weighed environmental sustainability and lags behind peers in Western Europe, the National...

Romanian c.bank FX reserves drop in February

The foreign exchange (FX) reserves held by Romania's central bank, excluding gold, totaled EUR 35.139 billion at the end of...

MFB offers loan guarantees to support economic recovery

The state-owned Hungarian Development Bank (MFB) on Tuesday announced the launch of credit guarantees it is rolling out as part...

Erste earnings fall more than 2/3 on impairment

Austrian banking group Erste booked net income of EUR 56.1 million at its business in Hungary last year, down 68%...

Bulgaria’s non-govt deposit growth speeds up in Jan

Deposits of Bulgaria's non-government sector rose by 11.9% year-on-year in January, to BGN 94.1 billion (EUR 48.1 billion), after growing...

Serbian banks’ NPL ratio rises at end-December

The ratio of non-performing loans (NPLs) in Serbia's banking sector rose to 3.7% at the end of December from record-low...

MKIK urges broader eligibility for interest-free microloans

The chairman of the Hungarian Chamber of Commerce and Industry (MKIK) said the government should expand eligibility for interest-free microloans...

Insolvencies in Romania down in 2020 

In 2020, 5,564 new insolvency proceedings were opened in Romania, 13% fewer registered in the previous year, reported the reported...

K&H Bank reports net profit of HUF 42.3 bln in 2020

K&H Bank recorded a net profit of HUF 42.3 billion, a 6% increase y.o.y. on underlying basis, excluding the HUF...