A bank closely linked to oil major Rosneft has become the first among Russia’s top 10 lenders by assets to post a net loss, ...

Moscow Credit Bank, which is closely linked to Rosneft, became the first of the top 10 largest banks in Russia to become ...

BUDAPEST (Reuters) - Hungary's state-owned MKB Bank will be sold to a consortium of domestic and foreign equity funds, with Hungarian owners getting a majority stake, the bank's chief executive Adam ...

First there was fintech. Now there are financial institutions going completely digital and embracing open banking systems. Hungary’s MKB Bank — one of the country’s largest — recently revamped its ...

On Tuesday, Hungarian commercial bank MKB Bank announced implemented Oracle FLEXCUBE to become fully digital. According to MKB Bank, the core banking solution has been adopted by more than 600 ...

MKB Bank, a top Hungarian lender that is party to an imminent three-way merger, said on Friday that Chief Executive Adam Balog would step down at the end of the year. Balog will stay on if a successor ...

Hungarian prime minister Viktor Orbán (right) and central bank governor György Matolcsy at a news conference in Budapest in December 2014, regarding the safety net being drawn around recently acquired ...

BUDAPEST, June 1 (Reuters) - Businessmen close to Prime Minister Viktor Orban have emerged as the biggest shareholders of MKB Bank less than a year after Hungary's fifth-largest lender was privatised.

Hungary's state-owned Budapest Bank will join a strategic alliance of MKB Bank and savings group Takarekbank (MTB), forming the country's second-largest banking group, the banks said in a joint ...

Hungary's MKB Bank selects Oracle Flexcube for core transformation project MKB Bank, one of Hungary's leading banks is migrating its core banking system to Oracle FLEXCUBE to improve its go-to-market ...