Banking

Banking

HUF 650 bln cash withdrawals in March

According to statistics from the National Bank of Hungary (MNB), the value of ATM cash withdrawals at the ten largest...

Banking

IIB subscribes EUR 33.8 mln of 1st corp. green bond issued in Hungary

The Budapest-based International Investment Bank (IIB) has subscribed the equivalent of EUR 33.8m of a corporate green bond issued by...

Banking

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Banking

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Banking

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

Banking

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Banking

Impairment puts Erste Group in red in Hungary

Austriaʼs Erste Group booked a EUR 4.9 million first-half loss at its business in Hungary as impairment due to the...

Banking

Bulgaria’s non-govt deposits growth slows

Deposits of Bulgaria’s non-government sector rose by an annual 8.3% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Banking

Cash in circulation reaches nearly HUF 7 tln

The National Bank of Hungary (MNB) has published the latest cash flow data, according to which the cash stock in...

Banking

EBRD and Banca Intesa Beograd expand access to finance for businesswomen

Businesses in Serbia will benefit from a new EUR 8 million loan from the European Bank for Reconstruction and Development...

Banking

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

Banking

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Banking

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

Banking

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

Banking

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

Banking

HUF 650 bln cash withdrawals in March

According to statistics from the National Bank of Hungary (MNB), the value of ATM cash withdrawals at the ten largest...

Banking

IIB subscribes EUR 33.8 mln of 1st corp. green bond issued in Hungary

The Budapest-based International Investment Bank (IIB) has subscribed the equivalent of EUR 33.8m of a corporate green bond issued by...

Banking

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Banking

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Banking

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

Banking

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Banking

Impairment puts Erste Group in red in Hungary

Austriaʼs Erste Group booked a EUR 4.9 million first-half loss at its business in Hungary as impairment due to the...

Banking

Bulgaria’s non-govt deposits growth slows

Deposits of Bulgaria’s non-government sector rose by an annual 8.3% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Banking

Cash in circulation reaches nearly HUF 7 tln

The National Bank of Hungary (MNB) has published the latest cash flow data, according to which the cash stock in...

Banking

EBRD and Banca Intesa Beograd expand access to finance for businesswomen

Businesses in Serbia will benefit from a new EUR 8 million loan from the European Bank for Reconstruction and Development...

Banking

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

Banking

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Banking

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

Banking

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

Banking

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

HUF 650 bln cash withdrawals in March

According to statistics from the National Bank of Hungary (MNB), the value of ATM cash withdrawals at the ten largest...

IIB subscribes EUR 33.8 mln of 1st corp. green bond issued in Hungary

The Budapest-based International Investment Bank (IIB) has subscribed the equivalent of EUR 33.8m of a corporate green bond issued by...

OTP Q2 profit falls on pandemic provisions

Second-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, fell 25% year-on-year to HUF 78.7 billion because of...

Provisions eat up Erste Bank Hungary H1 earnings

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity...

Companies continue to make net repayments on loans in June

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing...

EBRD approves EUR 20 mln loan to Banca Intesa Belgrade for on-lending

The European Bank for Reconstruction and Development (EBRD) said it has approved a senior unsecured loan of up to EUR...

Impairment puts Erste Group in red in Hungary

Austriaʼs Erste Group booked a EUR 4.9 million first-half loss at its business in Hungary as impairment due to the...

Bulgaria’s non-govt deposits growth slows

Deposits of Bulgaria’s non-government sector rose by an annual 8.3% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Cash in circulation reaches nearly HUF 7 tln

The National Bank of Hungary (MNB) has published the latest cash flow data, according to which the cash stock in...

EBRD and Banca Intesa Beograd expand access to finance for businesswomen

Businesses in Serbia will benefit from a new EUR 8 million loan from the European Bank for Reconstruction and Development...

Provisions push banking sector earnings down 97% in Q1

Consolidated net earnings of the Hungarian banking sector reached HUF 3 billion in Q1, dropping to just 2.7% of the...

Investment fund redemptions continue to moderate after March sell-off

Net redemptions of Hungarian investment fund units came to HUF 32 billion in May, declining from HUF 39 bln in...

Romanian central bank FX reserves fall in June

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of...

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a...

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...