Banking

Banking

Demand for Corporate Credit Flat in Q2

Demand for corporate credit was unchanged in the second quarter, a survey of loan officers by the National Bank of...

Banking

Households Borrow Net HUF 97 bln in June

Households took out net HUF 97 billion of loans in June, news agency MTI reports, citing monthly data released by...

Banking

Companies Borrow Net HUF 167 bln From Local Lenders in June

Non-financial companies borrowed net HUF 167 bln from local banks in June, monthly data released by the National Bank of...

Banking

OTP Completes Sale of Romanian Units

OTP Bank on Tuesday announced the completion of the sale of two of its Romanian units to Banca Transilvania....

Banking

Gránit Bank to Offer Cross-border Services in Romania

Hungary's Gránit Bank will offer cross-border digital banking services in Romania from Q3 2024, the lender said on Wednesday, according...

Banking

Housing Loan Market Booms in H1

Almost 10% more loans were taken out in the Hungarian housing loan market in the first half of this year...

Banking

MNB Issues Instructions to Prevent Online Personal Loan Fraud

The National Bank of Hungary (MNB) has issued an executive circular instructing banks on measures to prevent fraudsters from taking...

Banking

OTP Tops Ranking of Best-performing Banks in Europe

OTP Bank, Hungary's biggest commercial lender, heads a new ranking of Europe's best-performing banks published by S&P Global Market Intelligence,...

Banking

Banking Assoc Protests Defense Contribution

"Serial" burdens the government has placed on the banking sector "severely limit" lenders' role in boosting economic growth, the Hungarian...

Banking

Loans Encouraging Some to Renovate, Most Worried About Difficulties

The possibility of state-subsidized loans encourages 23% of Hungarians to embark on renovation works, but almost everyone (93%) is somewhat...

Banking

Households Borrow Net HUF 90 bln in May

Households took out net HUF 90 billion of loans in May, monthly data released by the National Bank of Hungary...

Banking

Companies Withdraw Net HUF 208 bln From Bank Accounts in May

Non-financial companies made HUF 208 bln of net withdrawals from the accounts at local banks in May, monthly data released...

Banking

OTP Foundation’s Educational Innovation Award Open Until July 15

The OTP Fáy Innovation Award for Education, with a total prize of HUF 20 million, will await applications until July...

Banking

Gov’t Extends Retail Rate Freeze Till Year-end

The government is extending a rate freeze on retail credit until the end of 2024, National Economy Minister Márton Nagy...

Banking

OTP Redeems EUR 400 mln of Green Securities

OTP Bank, Hungary's biggest commercial lender, on Wednesday said it is exercising its optional rights and redeeming green senior preferred...

Banking

Demand for Corporate Credit Flat in Q2

Demand for corporate credit was unchanged in the second quarter, a survey of loan officers by the National Bank of...

Banking

Households Borrow Net HUF 97 bln in June

Households took out net HUF 97 billion of loans in June, news agency MTI reports, citing monthly data released by...

Banking

Companies Borrow Net HUF 167 bln From Local Lenders in June

Non-financial companies borrowed net HUF 167 bln from local banks in June, monthly data released by the National Bank of...

Banking

OTP Completes Sale of Romanian Units

OTP Bank on Tuesday announced the completion of the sale of two of its Romanian units to Banca Transilvania....

Banking

Gránit Bank to Offer Cross-border Services in Romania

Hungary's Gránit Bank will offer cross-border digital banking services in Romania from Q3 2024, the lender said on Wednesday, according...

Banking

Housing Loan Market Booms in H1

Almost 10% more loans were taken out in the Hungarian housing loan market in the first half of this year...

Banking

MNB Issues Instructions to Prevent Online Personal Loan Fraud

The National Bank of Hungary (MNB) has issued an executive circular instructing banks on measures to prevent fraudsters from taking...

Banking

OTP Tops Ranking of Best-performing Banks in Europe

OTP Bank, Hungary's biggest commercial lender, heads a new ranking of Europe's best-performing banks published by S&P Global Market Intelligence,...

Banking

Banking Assoc Protests Defense Contribution

"Serial" burdens the government has placed on the banking sector "severely limit" lenders' role in boosting economic growth, the Hungarian...

Banking

Loans Encouraging Some to Renovate, Most Worried About Difficulties

The possibility of state-subsidized loans encourages 23% of Hungarians to embark on renovation works, but almost everyone (93%) is somewhat...

Banking

Households Borrow Net HUF 90 bln in May

Households took out net HUF 90 billion of loans in May, monthly data released by the National Bank of Hungary...

Banking

Companies Withdraw Net HUF 208 bln From Bank Accounts in May

Non-financial companies made HUF 208 bln of net withdrawals from the accounts at local banks in May, monthly data released...

Banking

OTP Foundation’s Educational Innovation Award Open Until July 15

The OTP Fáy Innovation Award for Education, with a total prize of HUF 20 million, will await applications until July...

Banking

Gov’t Extends Retail Rate Freeze Till Year-end

The government is extending a rate freeze on retail credit until the end of 2024, National Economy Minister Márton Nagy...

Banking

OTP Redeems EUR 400 mln of Green Securities

OTP Bank, Hungary's biggest commercial lender, on Wednesday said it is exercising its optional rights and redeeming green senior preferred...

Demand for Corporate Credit Flat in Q2

Demand for corporate credit was unchanged in the second quarter, a survey of loan officers by the National Bank of...

Households Borrow Net HUF 97 bln in June

Households took out net HUF 97 billion of loans in June, news agency MTI reports, citing monthly data released by...

Companies Borrow Net HUF 167 bln From Local Lenders in June

Non-financial companies borrowed net HUF 167 bln from local banks in June, monthly data released by the National Bank of...

OTP Completes Sale of Romanian Units

OTP Bank on Tuesday announced the completion of the sale of two of its Romanian units to Banca Transilvania....

Gránit Bank to Offer Cross-border Services in Romania

Hungary's Gránit Bank will offer cross-border digital banking services in Romania from Q3 2024, the lender said on Wednesday, according...

Housing Loan Market Booms in H1

Almost 10% more loans were taken out in the Hungarian housing loan market in the first half of this year...

MNB Issues Instructions to Prevent Online Personal Loan Fraud

The National Bank of Hungary (MNB) has issued an executive circular instructing banks on measures to prevent fraudsters from taking...

OTP Tops Ranking of Best-performing Banks in Europe

OTP Bank, Hungary's biggest commercial lender, heads a new ranking of Europe's best-performing banks published by S&P Global Market Intelligence,...

Banking Assoc Protests Defense Contribution

"Serial" burdens the government has placed on the banking sector "severely limit" lenders' role in boosting economic growth, the Hungarian...

Loans Encouraging Some to Renovate, Most Worried About Difficulties

The possibility of state-subsidized loans encourages 23% of Hungarians to embark on renovation works, but almost everyone (93%) is somewhat...

Households Borrow Net HUF 90 bln in May

Households took out net HUF 90 billion of loans in May, monthly data released by the National Bank of Hungary...

Companies Withdraw Net HUF 208 bln From Bank Accounts in May

Non-financial companies made HUF 208 bln of net withdrawals from the accounts at local banks in May, monthly data released...

OTP Foundation’s Educational Innovation Award Open Until July 15

The OTP Fáy Innovation Award for Education, with a total prize of HUF 20 million, will await applications until July...

Gov’t Extends Retail Rate Freeze Till Year-end

The government is extending a rate freeze on retail credit until the end of 2024, National Economy Minister Márton Nagy...

OTP Redeems EUR 400 mln of Green Securities

OTP Bank, Hungary's biggest commercial lender, on Wednesday said it is exercising its optional rights and redeeming green senior preferred...