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Hungarian banks have sounded the alarm over the government's controversial Putin-style 'transparency bill', warning that it is already fuelling capital flight and eroding confidence in the domestic financial system....
Hungarian Prime Minister Viktor Orban met with Bank of China chairman Ge Haijiao in Budapest on May 12. The talks focused on expanding the Chinese banking giant's operations in the country, according to a brief government statement....
The board of OTP Bank, Hungary's biggest commercial lender, has decided to split the roles of chairman and CEO effective May 1, chairman-CEO Sandor Csanyi told shareholders at the AGM on April 24....
Hungary's sovereign credit grade outlook was lowered to negative from stable at S&P Global Ratings, pushing the nation to the edge of junk after Prime Minister Viktor Orban ramped up pre-election spending....
Zurich Insurance, Europe's second-largest insurer by revenue, has acquired a minority stake in Serbian-Hungarian car insurtech startup Ominimo Insurance....
Hungary is expanding its interventions into the market economy in areas ranging from bond funds to banking, as the government seeks to revive growth after last year's recession....
CIB Bank, a subsidiary of Italy's Intesa Sanpaolo, is planning further expansion in 2025 after posting record results last year, CEO Pal Simak said after the release of the annual earnings report....
Hungary's MBH Bank Plc is working with advisers at Citigroup Inc. on a potential share offering, according to people familiar with the matter, as the country mulls exiting its second-largest bank....
The five big international banking group (Erste, Raiffeisen, Intesa, UniCredit and KBC) operating in Hungary and OTP realised a combined €28b.4n in net profit, a historic high....
The five big international banking group (Erste, Raiffeisen, Intesa, UniCredit and KBC) operating in Hungary and OTP realised a combined €28b.4n in net profit, a historic high....
The five big international banking group (Erste, Raiffeisen, Intesa, UniCredit and KBC) operating in Hungary and OTP realised a combined €28b.4n in net profit, a historic high....
The five big international banking group (Erste, Raiffeisen, Intesa, UniCredit and KBC) operating in Hungary and OTP realised a combined €28b.4n in net profit, a historic high....
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks....
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks....
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks....
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks....
Hungary's government is risking the health of its economy with pre-election spending promises that complicate efforts to reduce its budget deficit and shore up the forint, according to S&P Global Ratings....