Banking

Banking

Central Bank Raises Hungarian Inflation Forecast for 2025

The National Bank of Hungary (MNB) raised its inflation forecast in a quarterly report published in full on Thursday, March...

Banking

Stability and Profitability Still Hallmarks of CEE Banking Market in 2024

Despite the challenges of recent years, such as geopolitical tensions and changes in the macroeconomic environment, banks have continued to...

Banking

Minister, Banking Leaders Discuss Expanding ATM Network

Top officials of the Hungarian Banking Association have met with National Economy Minister Márton Nagy to discuss expanding the nationwide...

Banking

EBRD Extends New Guarantee to OTP Leasing Ukraine

The European Bank for Reconstruction and Development (EBRD) on Friday said it was extending an unfunded portfolio risk-sharing facility to...

Banking

OTP Earnings Climb in Q4

Fourth-quarter consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 249.7 billion, climbing 17% after adjustments according...

Banking

Erste Bank Hungary Reports HUF 132 bln After-Tax Profit for 2024

Erste Bank Hungary, a subsidiary of Austria's Erste Group, posted an after-tax profit of HUF 132 billion in 2024, up...

Banking

K&H Bank Earnings Climb 18% in 2024

After-tax profit of K&H Bank, the local unit of Belgium's KBC, amounted to approximately HUF 129 billion in 2024, up...

Banking

MBH Bank: Extraordinary Interest in New International Bond

MBH Bank saw strong investor interest in its new int'l MREL-eligible bond this month. More than EUR 1.6 bln was...

Banking

EBRD Provides EU-backed Guarantee to OTP Bank Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine, a...

Banking

Gránit Bank Launches Fully Online Credit for Blue-collar Workers

Gránit Bank has introduced credit for blue-collar workers that can be applied for entirely online, with successful applicants receiving an...

Banking

Gránit Bank Shares Begin Trading on BSE After Record IPO

Gránit Bank shares started trading on the Budapest Stock Exchange (BSE) on Monday, following the largest initial public offering (IPO)...

Banking

Retail Credit Rate Freeze Extension to Save Borrowers HUF 20 bln

A government decree extending a rate freeze on retail credit for another six months will save borrowers HUF 20 bln,...

Banking

OTP Bank Estimates HUF 53 bln Windfall Tax Burden for 2025

OTP Bank Nyrt. announced that its Hungarian group members could face a windfall profit tax burden of approximately HUF 53...

Banking

Gránit Bank Transitions to Public Company, Lists Shares on BSE

Gránit Bank has transitioned from a privately held company to a publicly traded company as of Nov. 25, 2024, and...

Banking

Banking Assoc ‘Partner’ in Effort to Support 1st-Time Homebuyers

The Hungarian Banking Association said it was a "partner" in efforts to help young Hungarians buy their first home in...

Banking

Central Bank Raises Hungarian Inflation Forecast for 2025

The National Bank of Hungary (MNB) raised its inflation forecast in a quarterly report published in full on Thursday, March...

Banking

Stability and Profitability Still Hallmarks of CEE Banking Market in 2024

Despite the challenges of recent years, such as geopolitical tensions and changes in the macroeconomic environment, banks have continued to...

Banking

Minister, Banking Leaders Discuss Expanding ATM Network

Top officials of the Hungarian Banking Association have met with National Economy Minister Márton Nagy to discuss expanding the nationwide...

Banking

EBRD Extends New Guarantee to OTP Leasing Ukraine

The European Bank for Reconstruction and Development (EBRD) on Friday said it was extending an unfunded portfolio risk-sharing facility to...

Banking

OTP Earnings Climb in Q4

Fourth-quarter consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 249.7 billion, climbing 17% after adjustments according...

Banking

Erste Bank Hungary Reports HUF 132 bln After-Tax Profit for 2024

Erste Bank Hungary, a subsidiary of Austria's Erste Group, posted an after-tax profit of HUF 132 billion in 2024, up...

Banking

K&H Bank Earnings Climb 18% in 2024

After-tax profit of K&H Bank, the local unit of Belgium's KBC, amounted to approximately HUF 129 billion in 2024, up...

Banking

MBH Bank: Extraordinary Interest in New International Bond

MBH Bank saw strong investor interest in its new int'l MREL-eligible bond this month. More than EUR 1.6 bln was...

Banking

EBRD Provides EU-backed Guarantee to OTP Bank Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine, a...

Banking

Gránit Bank Launches Fully Online Credit for Blue-collar Workers

Gránit Bank has introduced credit for blue-collar workers that can be applied for entirely online, with successful applicants receiving an...

Banking

Gránit Bank Shares Begin Trading on BSE After Record IPO

Gránit Bank shares started trading on the Budapest Stock Exchange (BSE) on Monday, following the largest initial public offering (IPO)...

Banking

Retail Credit Rate Freeze Extension to Save Borrowers HUF 20 bln

A government decree extending a rate freeze on retail credit for another six months will save borrowers HUF 20 bln,...

Banking

OTP Bank Estimates HUF 53 bln Windfall Tax Burden for 2025

OTP Bank Nyrt. announced that its Hungarian group members could face a windfall profit tax burden of approximately HUF 53...

Banking

Gránit Bank Transitions to Public Company, Lists Shares on BSE

Gránit Bank has transitioned from a privately held company to a publicly traded company as of Nov. 25, 2024, and...

Banking

Banking Assoc ‘Partner’ in Effort to Support 1st-Time Homebuyers

The Hungarian Banking Association said it was a "partner" in efforts to help young Hungarians buy their first home in...

Central Bank Raises Hungarian Inflation Forecast for 2025

The National Bank of Hungary (MNB) raised its inflation forecast in a quarterly report published in full on Thursday, March...

Stability and Profitability Still Hallmarks of CEE Banking Market in 2024

Despite the challenges of recent years, such as geopolitical tensions and changes in the macroeconomic environment, banks have continued to...

Minister, Banking Leaders Discuss Expanding ATM Network

Top officials of the Hungarian Banking Association have met with National Economy Minister Márton Nagy to discuss expanding the nationwide...

EBRD Extends New Guarantee to OTP Leasing Ukraine

The European Bank for Reconstruction and Development (EBRD) on Friday said it was extending an unfunded portfolio risk-sharing facility to...

OTP Earnings Climb in Q4

Fourth-quarter consolidated after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 249.7 billion, climbing 17% after adjustments according...

Erste Bank Hungary Reports HUF 132 bln After-Tax Profit for 2024

Erste Bank Hungary, a subsidiary of Austria's Erste Group, posted an after-tax profit of HUF 132 billion in 2024, up...

K&H Bank Earnings Climb 18% in 2024

After-tax profit of K&H Bank, the local unit of Belgium's KBC, amounted to approximately HUF 129 billion in 2024, up...

MBH Bank: Extraordinary Interest in New International Bond

MBH Bank saw strong investor interest in its new int'l MREL-eligible bond this month. More than EUR 1.6 bln was...

EBRD Provides EU-backed Guarantee to OTP Bank Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine, a...

Gránit Bank Launches Fully Online Credit for Blue-collar Workers

Gránit Bank has introduced credit for blue-collar workers that can be applied for entirely online, with successful applicants receiving an...

Gránit Bank Shares Begin Trading on BSE After Record IPO

Gránit Bank shares started trading on the Budapest Stock Exchange (BSE) on Monday, following the largest initial public offering (IPO)...

Retail Credit Rate Freeze Extension to Save Borrowers HUF 20 bln

A government decree extending a rate freeze on retail credit for another six months will save borrowers HUF 20 bln,...

OTP Bank Estimates HUF 53 bln Windfall Tax Burden for 2025

OTP Bank Nyrt. announced that its Hungarian group members could face a windfall profit tax burden of approximately HUF 53...

Gránit Bank Transitions to Public Company, Lists Shares on BSE

Gránit Bank has transitioned from a privately held company to a publicly traded company as of Nov. 25, 2024, and...

Banking Assoc ‘Partner’ in Effort to Support 1st-Time Homebuyers

The Hungarian Banking Association said it was a "partner" in efforts to help young Hungarians buy their first home in...