Finance

Banking

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

Banking

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

Banking

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Banking

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...

Banking

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

Banking

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

Banking

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Banking

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...

Fitch Affirms Hungary ‘BBB’ Rating With Negative Outlook

Fitch Ratings affirmed Hungary's 'BBB' long-term issuer default ratings with a negative outlook at a scheduled review on Friday....

MNB Warns of Rising Housing Market Risks as Banks Remain Stable

The National Bank of Hungary (MNB) said the local banking system remains stable but underscored increasing risks in the home...

S&P Maintains Hungary’s ‘BBB‑’ Rating, Warns of High Fiscal Risks

S&P Global Ratings affirmed Hungary's "BBB‑" sovereign credit rating and kept the outlook "negative," citing both the new government's reform...

Hungary Trade Surplus Narrows to EUR 104 mln in April as Imports Jump

Hungary posted a EUR 104 mln surplus in the external trade of goods in April 2026, but the balance deteriorated...

Gránit Bank Q1 Profit Rises 17% Year-on-Year to HUF 6.6 bln

Gránit Bank’s first-quarter after-tax profit rose 17% year-on-year to HUF 6.6 billion, according to an earnings report posted on the...

OTP Fund Management, OTP Bank Slovenia Close Acquisition of Primorski Skladi

OTP Fund Management has completed the acquisition of Slovenian asset manager Primorski skladi d.o.o., Koper, together with OTP banka d.d.,...

K&H Bank Books Full-year Bank Levy, Windfall Profit Tax in Q1

K&H Bank, the Hungarian unit of Belgian's KBC, had a Q1 loss of HUF 19 billion as it booked the...

MNB International Reserves Rise EUR 1.898 bln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 60.630 billion at the end of April, up...

KATA Comeback Could Reshape Hungary’s Small Business Tax Landscape, WHC Says

Hungary’s planned KATA comeback could ease administration and boost labor market flexibility, but companies will need to manage renewed compliance...

Hungary State Debt Ratio Reaches 77.9% at End-Q1 2026

Hungary's state debt relative to GDP reached 77.9% at the end of the first quarter, preliminary data released by the...

OTP Bank Q1 Earnings Fall on Front-loaded Tax Accounting

Q1 after-tax profit of OTP Bank fell 6% year-on-year to HUF 177 bln as the lender booked the full-year amount...

MNB May Reduce 82% Ownership Stake in BÉT

Talks are underway between the Budapest Stock Exchange (BÉT) and the National Bank of Hungary (MNB) on reducing the central...

CIB Bank Survey: 48% of Hungarians Lack Sufficient Savings

A new representative survey by CIB Bank reveals that 32% of Hungarians have no savings, while another 16% could cover...

Households Borrow Net HUF 243 bln in March

Households took out net HUF 242.7 billion of loans in March, monthly data released by the National Bank of Hungary...

Windfall Profit Tax Accounting Weighs on Erste Bank Hungary’s Bottom Line

Erste Bank Hungary booked a first-quarter loss of HUF 5 billion as new rules required the lender to book the...