Finance

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....

Debt

ÁKK Sells HUF 104.5 bln of Securities at Auction, Above Plan

The Government Debt Management Agency (ÁKK) sold HUF 104.5 billion of securities at auction on Thursday, well over double the...

Debt

Hungary Has EUR 166 mln C/A Deficit in June

Hungary's current account had a EUR 166 mln deficit in June, after months of surpluses, preliminary monthly data released by...

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...

MNB

MNB Business Confidence Index Edges up in July

The business confidence index of the National Bank of Hungary (MNB) rose to +1 point in July from -4 points...

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...

Debt

Gen Gov’t Deficit Narrows to HUF 2.444 tln on July Surplus

Hungary's cash flow-based general government deficit narrowed to HUF 2.443 trillion at the end of July on a HUF 213...

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...

MNB

MNB International Reserves Rise EUR 1.11 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 47.363 bln at the end of July, up...

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...

Trade

External Trade Surplus Reaches EUR 1.1 bln in June

According to the data by the Central Statistical Office (KSH), the external trade surplus amounted to EUR 1.1 billion, demonstrating...

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

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....

Debt

ÁKK Sells HUF 104.5 bln of Securities at Auction, Above Plan

The Government Debt Management Agency (ÁKK) sold HUF 104.5 billion of securities at auction on Thursday, well over double the...

Debt

Hungary Has EUR 166 mln C/A Deficit in June

Hungary's current account had a EUR 166 mln deficit in June, after months of surpluses, preliminary monthly data released by...

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...

MNB

MNB Business Confidence Index Edges up in July

The business confidence index of the National Bank of Hungary (MNB) rose to +1 point in July from -4 points...

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...

Debt

Gen Gov’t Deficit Narrows to HUF 2.444 tln on July Surplus

Hungary's cash flow-based general government deficit narrowed to HUF 2.443 trillion at the end of July on a HUF 213...

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...

MNB

MNB International Reserves Rise EUR 1.11 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 47.363 bln at the end of July, up...

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...

Trade

External Trade Surplus Reaches EUR 1.1 bln in June

According to the data by the Central Statistical Office (KSH), the external trade surplus amounted to EUR 1.1 billion, demonstrating...

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...

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....

ÁKK Sells HUF 104.5 bln of Securities at Auction, Above Plan

The Government Debt Management Agency (ÁKK) sold HUF 104.5 billion of securities at auction on Thursday, well over double the...

Hungary Has EUR 166 mln C/A Deficit in June

Hungary's current account had a EUR 166 mln deficit in June, after months of surpluses, preliminary monthly data released by...

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...

MNB Business Confidence Index Edges up in July

The business confidence index of the National Bank of Hungary (MNB) rose to +1 point in July from -4 points...

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...

Gen Gov’t Deficit Narrows to HUF 2.444 tln on July Surplus

Hungary's cash flow-based general government deficit narrowed to HUF 2.443 trillion at the end of July on a HUF 213...

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...

MNB International Reserves Rise EUR 1.11 bln in July

International reserves of the National Bank of Hungary (MNB) stood at EUR 47.363 bln at the end of July, up...

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...

External Trade Surplus Reaches EUR 1.1 bln in June

According to the data by the Central Statistical Office (KSH), the external trade surplus amounted to EUR 1.1 billion, demonstrating...

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...