Banking

Banking

Value of Bank Card Payments Climbs 8% in Q1

The value of payments in Hungary made with locally-issued bank cards climbed 8% year-on-year to HUF 3.719 tln in the...

Banking

Lender Liquidity Narrows in May

Forint liquidity of the domestic banking sector decreased in May, indicated by a decline in lenders' current account deposits that...

Banking

Green Preferential Capital Requirement Program Stock at HUF 1.022 tln

Local lenders' stock of credit in a preferential capital requirement scheme to support green lending reached HUF 1.022 tln at...

Banking

Households Withdrawals Match Deposits in April

Households withdrew as much as they deposited in their accounts at Hungarian banks in April, according to data released by...

Banking

Banking Sector Profit Climbs 37% in Q1

First-quarter after-tax profit of Hungarian banks rose 37% year-on-year to HUF 441 billion, data released by the National Bank of...

Banking

MNB Recommends OTP Takes Precautionary Measures on Russian Exposure

The National Bank of Hungary (MNB) has made recommendations in an executive letter to OTP Bank on "precautionary measures" in...

Banking

25% of Banks Sense Pick-up in Credit Demand

A quarter of the banks sensed a pick-up in demand for consumer credit in the past six months, and looking...

Banking

EBRD Provides Portfolio Risk-sharing Facility to OTP Leasing in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to OTP Leasing in Ukraine...

Banking

Watchdog Fines OTP Bank for Regulatory Shortfalls

The National Bank of Hungary (MNB) has fined OTP Bank HUF 102 million for failing to fully comply with regulations...

Banking

Lender Liquidity Narrows in April

Forint liquidity of the domestic banking sector decreased in April, indicated by a decline in lenders' current account deposits that...

Banking

Gránit Bank Balance Sheet Close to HUF 1.4 tln

Total assets of Gránit Bank were close to HUF 1.4 tln at the end of April, the lender said on...

Banking

OTP Q1 Profit Reaches HUF 240 bln

Consolidated adjusted first-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 126pc year-on-year to HUF 240 billion, an...

Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

After-tax profit of Austrian-owned Erste Bank Hungary was close to HUF 29 billion in the first quarter, climbing from HUF...

Banking

EBRD Guarantees Ukraine’s JSC OTP Bank to Enable Lending

The European Bank for Reconstruction and Development announced that it is extending an unfunded portfolio risk-sharing facility to Ukraine’s JSC...

Banking

Households Make Net Deposits of HUF 97 bln at Banks in March

Households made net deposits of HUF 97 billion on their accounts at Hungarian banks in March, well under the HUF...

Banking

Value of Bank Card Payments Climbs 8% in Q1

The value of payments in Hungary made with locally-issued bank cards climbed 8% year-on-year to HUF 3.719 tln in the...

Banking

Lender Liquidity Narrows in May

Forint liquidity of the domestic banking sector decreased in May, indicated by a decline in lenders' current account deposits that...

Banking

Green Preferential Capital Requirement Program Stock at HUF 1.022 tln

Local lenders' stock of credit in a preferential capital requirement scheme to support green lending reached HUF 1.022 tln at...

Banking

Households Withdrawals Match Deposits in April

Households withdrew as much as they deposited in their accounts at Hungarian banks in April, according to data released by...

Banking

Banking Sector Profit Climbs 37% in Q1

First-quarter after-tax profit of Hungarian banks rose 37% year-on-year to HUF 441 billion, data released by the National Bank of...

Banking

MNB Recommends OTP Takes Precautionary Measures on Russian Exposure

The National Bank of Hungary (MNB) has made recommendations in an executive letter to OTP Bank on "precautionary measures" in...

Banking

25% of Banks Sense Pick-up in Credit Demand

A quarter of the banks sensed a pick-up in demand for consumer credit in the past six months, and looking...

Banking

EBRD Provides Portfolio Risk-sharing Facility to OTP Leasing in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to OTP Leasing in Ukraine...

Banking

Watchdog Fines OTP Bank for Regulatory Shortfalls

The National Bank of Hungary (MNB) has fined OTP Bank HUF 102 million for failing to fully comply with regulations...

Banking

Lender Liquidity Narrows in April

Forint liquidity of the domestic banking sector decreased in April, indicated by a decline in lenders' current account deposits that...

Banking

Gránit Bank Balance Sheet Close to HUF 1.4 tln

Total assets of Gránit Bank were close to HUF 1.4 tln at the end of April, the lender said on...

Banking

OTP Q1 Profit Reaches HUF 240 bln

Consolidated adjusted first-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 126pc year-on-year to HUF 240 billion, an...

Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

After-tax profit of Austrian-owned Erste Bank Hungary was close to HUF 29 billion in the first quarter, climbing from HUF...

Banking

EBRD Guarantees Ukraine’s JSC OTP Bank to Enable Lending

The European Bank for Reconstruction and Development announced that it is extending an unfunded portfolio risk-sharing facility to Ukraine’s JSC...

Banking

Households Make Net Deposits of HUF 97 bln at Banks in March

Households made net deposits of HUF 97 billion on their accounts at Hungarian banks in March, well under the HUF...

Value of Bank Card Payments Climbs 8% in Q1

The value of payments in Hungary made with locally-issued bank cards climbed 8% year-on-year to HUF 3.719 tln in the...

Lender Liquidity Narrows in May

Forint liquidity of the domestic banking sector decreased in May, indicated by a decline in lenders' current account deposits that...

Green Preferential Capital Requirement Program Stock at HUF 1.022 tln

Local lenders' stock of credit in a preferential capital requirement scheme to support green lending reached HUF 1.022 tln at...

Households Withdrawals Match Deposits in April

Households withdrew as much as they deposited in their accounts at Hungarian banks in April, according to data released by...

Banking Sector Profit Climbs 37% in Q1

First-quarter after-tax profit of Hungarian banks rose 37% year-on-year to HUF 441 billion, data released by the National Bank of...

MNB Recommends OTP Takes Precautionary Measures on Russian Exposure

The National Bank of Hungary (MNB) has made recommendations in an executive letter to OTP Bank on "precautionary measures" in...

25% of Banks Sense Pick-up in Credit Demand

A quarter of the banks sensed a pick-up in demand for consumer credit in the past six months, and looking...

EBRD Provides Portfolio Risk-sharing Facility to OTP Leasing in Ukraine

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to OTP Leasing in Ukraine...

Watchdog Fines OTP Bank for Regulatory Shortfalls

The National Bank of Hungary (MNB) has fined OTP Bank HUF 102 million for failing to fully comply with regulations...

Lender Liquidity Narrows in April

Forint liquidity of the domestic banking sector decreased in April, indicated by a decline in lenders' current account deposits that...

Gránit Bank Balance Sheet Close to HUF 1.4 tln

Total assets of Gránit Bank were close to HUF 1.4 tln at the end of April, the lender said on...

OTP Q1 Profit Reaches HUF 240 bln

Consolidated adjusted first-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 126pc year-on-year to HUF 240 billion, an...

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

After-tax profit of Austrian-owned Erste Bank Hungary was close to HUF 29 billion in the first quarter, climbing from HUF...

EBRD Guarantees Ukraine’s JSC OTP Bank to Enable Lending

The European Bank for Reconstruction and Development announced that it is extending an unfunded portfolio risk-sharing facility to Ukraine’s JSC...

Households Make Net Deposits of HUF 97 bln at Banks in March

Households made net deposits of HUF 97 billion on their accounts at Hungarian banks in March, well under the HUF...