Finance

Banking

Insurance Switching Campaign Returns as MNB Releases Home Insurance Index

Hungary heads into the March home-insurance switching window with two signals that matter more than headline premium changes. The insured...

Banking

Is There Really a Necessity for Bank Consolidation in Hungary?

Some portray Hungary’s banking sector as fragmented; certainly, Minister for National Economy Márton Nagy seems to think so. Yet others...

Banking

Banking in 2026: From Strong Profits to Strategic Reinvention

Global banks have entered 2026 in a position of resilience despite geopolitical volatility and macroeconomic uncertainty. As outlined in EY’s...

Banking

Banks Face Heavy Tax Burden as Profits Fall

Hungary's banking sector saw its combined after‑tax profit drop to HUF 1.502 trillion in 2025, an 8% decline from the...

Banking

Insurance Switching Campaign Returns as MNB Releases Home Insurance Index

Hungary heads into the March home-insurance switching window with two signals that matter more than headline premium changes. The insured...

Banking

Is There Really a Necessity for Bank Consolidation in Hungary?

Some portray Hungary’s banking sector as fragmented; certainly, Minister for National Economy Márton Nagy seems to think so. Yet others...

Banking

Banking in 2026: From Strong Profits to Strategic Reinvention

Global banks have entered 2026 in a position of resilience despite geopolitical volatility and macroeconomic uncertainty. As outlined in EY’s...

Banking

Banks Face Heavy Tax Burden as Profits Fall

Hungary's banking sector saw its combined after‑tax profit drop to HUF 1.502 trillion in 2025, an 8% decline from the...

Hungary’s Surplus Narrows in February as Imports Rise Faster Than Exports

Hungary’s surplus in external trade in goods reached EUR 665 million in February, narrowing by EUR 342 mln year-on-year as...

OTP Profit Rises 7% as Loan Growth Outruns Heavier Gov’t tax Burden

OTP Group reported a consolidated adjusted after-tax profit of HUF 1.146 trillion for 2025, up 7% from the previous year,...

Insurance Switching Campaign Returns as MNB Releases Home Insurance Index

Hungary heads into the March home-insurance switching window with two signals that matter more than headline premium changes. The insured...

MBH Bank After-tax Profit Falls 17% in 2025

Consolidated after-tax profit at MBH Bank, Hungary’s second-largest commercial lender, decreased by approximately 17% to HUF 165.1 billion in 2025,...

Is There Really a Necessity for Bank Consolidation in Hungary?

Some portray Hungary’s banking sector as fragmented; certainly, Minister for National Economy Márton Nagy seems to think so. Yet others...

Inflation Set to Climb on Energy Price Pass-through – MNB

Inflation will rise from March onward on the pass-through of higher energy prices, the National Bank of Hungary (MNB) said...

MNB Monetary Council Leaves Base Rate on Hold at 6.25%

The Monetary Council of the National Bank of Hungary left the central bank base rate unchanged at 6.25% at a...

Banking in 2026: From Strong Profits to Strategic Reinvention

Global banks have entered 2026 in a position of resilience despite geopolitical volatility and macroeconomic uncertainty. As outlined in EY’s...

Hungary Gen Gov’t Deficit Reaches HUF 2.107 tln at End-Feb

Hungary’s cash flow-based general government deficit reached HUF 2.107 tln at the end of February, the Ministry of National Economy...

Moody’s Affirms MBH Bank Ratings, Maintains Stable Outlook

Moody's has affirmed the long-term deposit ratings of MBH Bank Nyrt. at Baa3, maintaining a stable outlook, citing the lender’s...

Fitch Ratings Warns of Tough Post‑Election Choices

Fitch Ratings has cautioned that whoever wins Hungary's April parliamentary election will face serious macroeconomic and fiscal challenges, including weak...

Banks Face Heavy Tax Burden as Profits Fall

Hungary's banking sector saw its combined after‑tax profit drop to HUF 1.502 trillion in 2025, an 8% decline from the...

Erste Bank Hungary After-tax Profit Rises 14% in 2025

After-tax profit of Austrian-owned Erste Bank Hungary rose 14% to HUF 150 bln in 2025, chairman-CEO Radovan Jelasity said, according...

S&P Warns Hungary Could Face Downgrade

S&P Global Ratings currently rates Hungary at "BBB‑" with a "negative" outlook and warns that a repeat of the 2022...

Hungary’s Budget Deficit Reaches HUF 2.107 tln by End-February

Hungary’s cash flow-based general government deficit reached HUF 2.107 tln by the end of February, the National Economy Ministry said...