Banking

Banking

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

Banking

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Banking

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Banking

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

Banking

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

Banking

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Banking

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Banking

MBH Bank Highlights ESG Program in Latest Sustainability Report

MBH Bank published its Sustainability Report for 2023, detailing the launch of a comprehensive ESG framework....

Banking

OTP Bank Completes Merger of 2 Slovakian Units

OTP has merged its Slovakian units....

Banking

Lender Liquidity Narrows Further in July

Forint liquidity of the domestic banking sector decreased in July, indicated by a fall in the average stock of credit...

Banking

OTP Q2 Profit Close to HUF 268 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 267.9 billion, an earnings report released ahead...

Banking

Erste Bank Hungary H1 Profit Climbs to HUF 74.4 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary rose almost 60% year-on-year to HUF 74.4 billion, chairman-CEO Radovan Jelasity said...

Banking

KBC Books Q2 Net Income of EUR 121 mln in Hungary

Belgium's KBC booked net income of EUR 121 million at its banking and insurance business in Hungary, up 92% from...

Banking

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

CIB Bank has been awarded the "Best Bank for ESG" accolade by Euromoney financial magazine, recognizing its leadership in sustainable...

Banking

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

Banking

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Banking

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

Banking

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

Banking

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

Banking

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

Banking

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

Banking

MBH Bank Highlights ESG Program in Latest Sustainability Report

MBH Bank published its Sustainability Report for 2023, detailing the launch of a comprehensive ESG framework....

Banking

OTP Bank Completes Merger of 2 Slovakian Units

OTP has merged its Slovakian units....

Banking

Lender Liquidity Narrows Further in July

Forint liquidity of the domestic banking sector decreased in July, indicated by a fall in the average stock of credit...

Banking

OTP Q2 Profit Close to HUF 268 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 267.9 billion, an earnings report released ahead...

Banking

Erste Bank Hungary H1 Profit Climbs to HUF 74.4 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary rose almost 60% year-on-year to HUF 74.4 billion, chairman-CEO Radovan Jelasity said...

Banking

KBC Books Q2 Net Income of EUR 121 mln in Hungary

Belgium's KBC booked net income of EUR 121 million at its banking and insurance business in Hungary, up 92% from...

Banking

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

CIB Bank has been awarded the "Best Bank for ESG" accolade by Euromoney financial magazine, recognizing its leadership in sustainable...

Gov’t Launches Public Consultations on Subsidized Workers’ Credit

The National Economy Ministry on Wednesday announced the launch of public consultations on a government scheme to offer young Hungarian...

OTP Q3 Profits up 8% Y.O.Y.

OTP Bank, Hungary's biggest commercial lender, booked a consolidated after-tax profit of HUF 318.5 billion in the third quarter, climbing...

Erste Bank Hungary After-tax Profit Reaches HUF 113 bln in Q1-Q3

After-tax profit of Austrian-owned Erste Bank Hungary reached HUF 113 bln in Q1-Q3, climbing from HUF 90 bln in the...

InvestEU Guarantees to Mobilize Close to HUF 600 bln of SME Credit

European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to...

Nagy Asks for Banks’ Cooperation on Workers Credit, Home Loan Rates

National Economy Minister Márton Nagy asked for lenders' cooperation in implementing the rollout of workers credit and keeping mortgage rates...

K&H Bank After-Tax Profit Climbs 20% in H1

K&H Bank, the local unit of Belgium's KBC, posted an after-tax profit of HUF 66.9 bln in the first half...

MBH Bank H1 Earnings Climb 28%

First-half after-tax profit of MBH Group, Hungary's second-biggest commercial lender, climbed 28% year-on-year to HUF 108.8 bln, an earnings report...

MBH Bank Highlights ESG Program in Latest Sustainability Report

MBH Bank published its Sustainability Report for 2023, detailing the launch of a comprehensive ESG framework....

OTP Bank Completes Merger of 2 Slovakian Units

OTP has merged its Slovakian units....

Lender Liquidity Narrows Further in July

Forint liquidity of the domestic banking sector decreased in July, indicated by a fall in the average stock of credit...

OTP Q2 Profit Close to HUF 268 bln

Consolidated second-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, reached HUF 267.9 billion, an earnings report released ahead...

Erste Bank Hungary H1 Profit Climbs to HUF 74.4 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary rose almost 60% year-on-year to HUF 74.4 billion, chairman-CEO Radovan Jelasity said...

KBC Books Q2 Net Income of EUR 121 mln in Hungary

Belgium's KBC booked net income of EUR 121 million at its banking and insurance business in Hungary, up 92% from...

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

CIB Bank has been awarded the "Best Bank for ESG" accolade by Euromoney financial magazine, recognizing its leadership in sustainable...