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Takarékbank
TakarékBank () was a banking and financial services corporation in Hungary and the central institution for more than 60 co-operative banks and their 1,100 branch offices. In 2023, it merged with MKB Bank to form MBH Bank. Overview Since its inception in 1989, TakarékBank functioned both as a central institution and as a corporate and investment bank. The bank headquartered in Budapest, and as a holding, the Takarék Group defined itself primarily as a service provider for the local cooperative banks and their over 1 million clients. TakarékBank is the short form of the Magyar Takarékszövetkezeti Bank Zrt. (literally "Hungarian Central Co-operative Bank"). TakarékBank represented the interests of the Hungarian Cooperative Financial Institutions at both national and international levels and coordinated and developed the joint strategy within the network. The bank advised and supported his members on legal, taxation, and business management issues. TakarékBank was member of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Levente Szabó (banker)
Levente László Szabó is a Hungarian banker who is deputy CEO of MBH Bank and former CEO of Takarékbank. Education Szabó graduated from the College of Finance and Accounting in Budapest, with a focus on financial institutions and later earned his doctorate from János University in Pécs Pécs ( , ; ; Slovak language, Slovak: ''Päťkostolie''; also known by #Name, alternative names) is List of cities and towns of Hungary#Largest cities in Hungary, the fifth largest city in Hungary, on the slopes of the Mecsek mountains in the c .... Career Szabó started his career in 1997 at Bank Austria-Creditanstalt Rt., focusing on key account management. By 1999, he assumed the role of a team leader within the department of German corporate customers at Takarékbank. In 2003, he was put in charge of one the business branches within the bank. From October 2005 onwards, Szabó served as the managing director, overseeing the bank's corporate financing activities as well as the IT st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
József Vida (banker)
József Vida is a Hungarian banker and economist who is chairman of the board of Opus Global, former CEO of Takarékbank, and, as of 2023, with 15 billion HUF the 98th richest person in Hungary. Early life and education Vida was born on 7 October 1973 in Budapest. He graduated from the Budapest School of Economics, the University of Pécs, Szent István University and Université Paris-Nanterre in France. Career Vida started his career at SODEXO Hungary where he later joined the banking sector. He started working for Citibank in 1999 and in 2001 he took on the role of Head of Department at Takarékbank. In 2006, he became the director of the Active Business Unit at Szentgál és Vidéke Takarékszövetkezet (Szentgál and Countryside Savings Bank), where he subsequently was appointed managing director. From 2007 to 2014, he served as a member of the board of the Országos Takarékszövetkezeti Szövetség (National Savings Cooperative Association). In 2015, Vida became the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MKB Bank
MKB Bank, initially Magyar Külkereskedelmi Bank (), was a Hungarian state-owned bank founded in 1950. It was privatized in the mid-1990s, then renationalized in the 2010s. It eventually merged in the early 2020s with Budapest Bank and Takarékbank to form Magyar Bank Holding, branded MBH Bank, thus creating the second-largest commercial bank in Hungary behind OTP Bank. The complex three-way merger was announced in 2020 and completed in 2023. History MKB was created in 1950 within the communist-era single-tier banking system, in which it was one of the country's four main financial institutions alongside the Hungarian National Bank, the Hungarian Investment Bank (renamed the State Bank for Development in 1972 and liquidated in 1987), and the Hungarian National Savings Bank Company. It took over assets and operations, among others, from the former Hungarian Commercial Bank of Pest. The purpose of its establishment was to participate in the international monetary system and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MBH Bank
MBH Bank Plc. is a Hungarian bank. It began operations on 1 May 2023 following the merger of MKB Bank Plc., Takarékbank Ltd. and Budapest Bank Ltd. This triple merger was a unique transaction in the Hungarian domestic banking sector, resulting in the largest Hungarian-owned banking institution as measured by assets and clients. Dr. Zsolt Barna was appointed as the CEO of Magyar Bankholding, a domestically owned financial holding company created to facilitate the merger, in 2020. He has been leading the integration and strategic alignment of the three banks, creating one of Hungary’s largest banking groups. His leadership focuses on modernization and strengthening the group’s position in the financial sector. MBH Bank has been a market leader in several areas since its inception, including corporate lending, particularly to micro, small, and medium-sized enterprises, the leasing market, and the agricultural and food industries. MBH Bank has the largest branch network in H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zsolt Hernádi
Zsolt Hernádi (born November 30, 1960) is a Hungarian businessman and the Chairman-CEO of MOL Plc., the Hungarian Oil & Gas company, since 2001. Early life and education Zsolt Hernádi was born in Tarján on November 30, 1960. He grew up in Esztergom, where he spent his student years. First he was a student of Kossuth Lajos Elementary School, then he graduated from the mathematics department of the Dobó Katalin High School. Hernádi graduated from the Faculty of Industrial Planning and Analysis at the Corvinus University of Budapest (with a degree in economics) in 1986. As a freshly graduated student he became a trainee at Deutsche Bank in Germany. Career Zsolt Hernádi started his professional career at Unicbank and subsequently held various positions at the Kereskedelmi és Hitelbank (K&H) between 1989 and 1994, becoming Deputy general manager in 1992. Between 1994 and 2001, Hernádi then served as the CEO of the Magyar Takarékszövetkezeti Bank (Takarékbank). MOL ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Budapest Bank
Budapest Bank was a commercial bank founded in 1987 with headquarters in Budapest, Hungary. In 1995 the bank was sold to GE Capital, but in 2015 it became again a state owned bank. In 2020 the MKB Bank, the Budapest Bank and the MTB (Takarékbank) became part of the Magyar Bankholding Zrt. In 2022 Budapest Bank merged into MKB. Buildings File:Budapest Bank, Böszörményi út.JPG, Budapest Bank in Böszörményi út, Budapest File:Budapest Bank. - Rákóczi utca, Cegléd.JPG, Budapest Bank in Cegléd File:Budagyöngye Shopping Center. Budapest Bank. - Budapest District II, Szilágyi Erzsébet fasor 121.JPG, Budapest Bank in Budagyöngye Shopping Center, Budapest File:Budapest Bank. - Keszthely, 2016 Hungary.jpg, Budapest Bank in Keszthely File:Budapest Bank az Eötvös utca felől nézve, 2018 Ráckeve.jpg, Budapest Bank in Ráckeve File:Budapest Bank és GLS csomagszállító, 2019 Kiskunhalas.jpg, Budapest Bank in Kiskunhalas Kiskunhalas (; ) is a city in the county of B� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FHB Mortgage Bank
FHB Mortgage Bank was Hungary's largest mortgage re-financer. Formerly state-owned, it was floated on the stock market in 2003, and the government sold its remaining A shares in 2007. As of 17 August 2011, FHB Mortgage Bank Co. Plc. had market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ... of US$232.4 million. In April 2018, it was announced that the members of the Group would undergo a name and brand change following the expected decision at the annual general meeting to be held at the end of April. The new brand name will be “Takarék” instead of “FHB.” References External links FHB official website* https://web.archive.org/web/20080207210850/http://www.bse.hu/menun_kivuli/portlets/companyprofile?security=3263 {{Banks of Hungary Banks of Hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a broker, brokerage firm) offers a wide array of Real life, face-to-face and automated services to its customers. History and description During the 3rd century banks in Persia (now Iran) and in other territories started to issue letters of credit known as Sakks, basically cheque, checks in today’s language, that could be traded in cooperative houses or offices throughout the Persian territories. In the period from 1100-1300 banking started to expand across Europe and banks began opening ‘branches’ in remote, foreign locations to support international trade. In 1327, Avignon which is located in France had 43 branches of Italian banking houses alone. The practice of opening satellite branches was popularized in the early 20th century by Amadeo Giannini, then head of the Bank of America. Historically, branches were housed in imposing build ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OTP Bank
OTP Bank Group is the largest commercial bank of Hungary and one of the largest independent financial service providers in Central and Eastern Europe, with banking services for private individuals and corporate clients. The OTP Group comprises subsidiaries in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds. Besides Hungary, OTP Group operates in 11 countries of the region via its subsidiaries: in Albania (Banka OTP Albania SHA), in Bulgaria (DSK Bank), in Croatia (OTP banka d.d.), in Romania (OTP Bank Romania), in Serbia (OTP Banka Srbija), in Slovenia (Nova KBM d.d. and SKB d.d., OTP banka d.d. after merger in 2024), in Ukraine (OTP Bank JSC), in Moldova (OTP Bank S.A.), in Montenegro (Crnogorska komercijalna banka), in Russia (OAO OTP Bank), and in Uzbekistan (JSCMB Ipoteka Bank). OTP Group had more than 36,000 employees, 13 million clients, and over 1,500 branches. OTP is the largest commercial bank in Hungary with ove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erste Group
Erste Group Bank AG (shortened version Erste Group) is an Austrian financial service provider. It is one of the largest financial service providers in Central and Eastern Europe serving more than 16 million clients in over 2,000 branches in seven countries. Erste Group is headquartered in Vienna and operates as a universal bank. Erste Group is the central entity of the Sparkassengruppe Österreich (Austrian Savings Banks Group) and the Österreichischer Sparkassenverband. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. The main shareholder of Erste Group is the non-profit ERSTE Foundation. In 1997, Erste Group went public and today the company is listed on the exchanges of Vienna, Prague and Bucharest and included in the indices ''CEETX'', ATX and PX. History The origins of Erste Group are in the founding of the Erste öst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bundesverband Der Deutschen Volksbanken Und Raiffeisenbanken
The National Association of German Cooperative Banks (, BVR) is the umbrella association for the German Cooperative Financial Group. Its origins go back to 1864 as . As of 2015 it had 1,021 members, which represents all the cooperative banks in Germany, including local cooperative banks, PSD banks, Sparda banks, Church banks and Cooperative financial institutions, managing around 1.200 trillion euros. The BVR represents the interests of the German Cooperative Financial Institutions at both national and international levels and coordinates and develops the joint strategy within the Network. The BVR advises and supports its members on legal, taxation, and business management issues. The Cooperative Financial Group's institutional protection scheme is Germany's oldest deposit guarantee scheme for banks and is run by the BVR. The BVR informs its member banks on economic and political developments and publishes the “Bank-Information” newsletter. European affairs are dealt wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
