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K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing

The MNB has fined K&H bank Ft 20 million for failing to fully comply with rules on the prevention of money laundering and the financing of terrorism, the centra

Companies Cutting Energy Costs

Some six out of ten companies are already doing something in the summer in order to lower their energy costs, according to recent research from K&H Bank. 

KBC Books Q2 Net Income of EUR 63 mln in Hungary

Belgium's KBC booked a net income of EUR 63 mln at its banking and insurance businesses in Hungary in the second quarter, an earnings report published on Thursday shows, news agency MTI writes.

K&H Offering Currency Conversion Cost Refunds

K&H is refunding the currency conversion cost of card purchases for users who pay abroad, from August to the end of September, with their K&H card or smart device application, the bank tells the Budapest Business Journal.

Hungarian Electric Car Market Exceptionally Dynamic

The European market for electric cars is growing fast, and in the Central European region, Hungary leads the way, according to a market study.

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