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OTP's Results Boosted by Foreign Banks

Mar 10, 2023

Foreign subsidiaries largely compensated for the losses caused to the group by the war and Hungarian government measures, with after-tax profit falling by only 24% to HUF 347 billion last year compared to a year earlier, Deputy CEO László Bencsik said at a press conference presenting OTP Group's last year's report on Friday. He pointed […]

Erste Bank Hungary Closed the Past Year with Success

Mar 9, 2023

Erste Bank had a successful year in 2022, with lending growth and operating income up, but profits lower than in the previous year due to one-off tax and regulatory charges, Erste CEO Jelasity Radovan has told a press conference in Budapest. He added that two acquisitions were successfully completed last year, the takeovers of Commerzbank […]

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