Top Largest Banks in Hungary

The top largest banks of Hungary include OTP Bank Plc, K&H Bank, Erste Bank Hungary, MKB Bank, among others.

OTP Bank Plc. is the largest bank among Hungarian credit institutions and is the dominant player in each segment of the Hungarian banking market. By the end of 2008 bankcards issued by OTP was nearly 4 million and the Bank executed 79.3 million transactions through its own ATM network of 1,987 ATM’s, in a value of HUF 2,575 billion in 2008.

K&H Bank is one of the largest banks in Hungary, offering a wide range of financial products and services to its retail clients, sole traders and small businesses. The bank constantly improves the range of products offered to medium- and large-sized companies, including accounts, credit and investment products and electronic services.

Erste Bank Hungary Zrt. is member of the Erste Group; its mother institution is the Erste Group Bank AG. Erste Bank Hungary has grown to be the second biggest bank in the Hungarian market according to its number of clients and retail loan portfolio size, and the fourth biggest according to its total assets, securing very strong positions in the area of investment services and leasing.

MKB Bank is the third biggest commercial bank in Hungary, founded in 1950. The bank offers a full range of personal banking services including current accounts, credit cards, mortgages, loans, deposits and savings.

* Next: Stock Brokers in Hungary

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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