List of banks in Hungary

OTP Bank head office, Budapest
MHB Bank head office, Budapest
UniCredit Bank Hungary head office, Budapest
K&H Bank head office, Budapest
Erste Bank Hungary head office, Budapest
Agora building in Budapest, head office of Raiffeisen Hungary
CIB Bank head office, Budapest

The following list of banks in Hungary is to be understood within the framework of the European single market, which means that Hungary's banking system is more open to cross-border banking operations than peers outside of the European Union.

The Hungarian National Bank (MNB) is the country's banking supervisor.

Systemically important banks

As of 2025, the following Hungarian banks were designated as systemically important, listed here by decreasing score of systemic importance:[1]

Other commercial banks

As of March 2026, other commercial banks licensed by the MNB included:[2]

  • Bank of China (CEE) Zrt, subsidiary of Bank of China China
  • Cofidis Bank Hungary, subsidiary of Cofidis France
  • Granit Bank Nyrt, subsidiary of BDPST Group
  • KDB Bank Europa Zrt, subsidiary of Korea Development Bank South Korea
  • MagNet Magyar Közösségi Bank Zrt, an ethical cooperative bank
  • MBH Investment Bank Zrt, subsidiary of MBH Bank
  • MBH DUNA Bank Zrt, subsidiary of MBH Bank
  • Merkantil Váltó és Vagyonbefektető Bank Zrt (Merkantil Bank), a specialized lending and leasing subsidiary of the OTP Group
  • Polgári Bank Zrt, absorbed by MagNet Bank in 2026[3]
  • Trive Bank Europe Zrt, subsidiary of Trive Financial Holding Netherlands

Foreign branches

EEA branches

Also as of 14 March 2026, the following credit institutions established in the European Economic Area (EEA) operated a branch in Hungary:[2]

Third-country branches

As of 13 October 2025, one bank established outside the EEA had a branch in Hungary ("third-country branch" in EU parlance):[4]

Other banks

The state-owned Hungarian Development Bank and EXIM Magyarország are exempted from the EU Capital Requirements Directives.[5]

Defunct Banks

Banks formerly headquartered on the territory of present-day Hungary

  • First National Savings Bank of Pest (1839-1948)
  • Hungarian Commercial Bank of Pest (1840-1950)
  • Szeged-Csongrád Savings Bank (1845-1948)
  • Hungarian General Credit Bank (1867-1948)
  • Hungarian Discount and Exchange Bank (1869-1949)
  • Hungarian Mortgage Credit Bank (1869-1949)
  • Hungarian Postal Savings Bank (1886-1948)
  • Hungarian Industrial and Commercial Bank (1890-1902)
  • Hazai Bank (1892-1946)
  • Hungarian-Italian Bank (1920-1948)
  • MKB Bank (1950-2023)
  • Kinizsi Bank (1958-2019)
  • Inter-Európa Bank (1985-2008)
  • Budapest Bank (1987-2022)
  • Sberbank Hungary (1987-2022)
  • Postabank (1988-2004)
  • Takarékbank (1989-2023)
  • Ybl Bank (1989-1992)
  • NHB Bank (1990-2019)
  • FHB Mortgage Bank (1997-2016)
  • Széchenyi Commercial Bank (2008-2014)
  • International Investment Bank (2019-2023)

Other banks formerly headquartered in the Kingdom of Hungary

  • Cluj-Napoca Savings Bank (1825-1948)
  • First Croatian Savings Bank (1846-1945)
  • Croatian Discount Bank (1868-1945)
  • Tatra Banka (1884-1948)
  • Serbian Bank in Zagreb (1895-1945)
  • Kroatische Landesbank (1909-1945)
  • City Savings Bank of Zagreb (1913-1952)

See also

References

  1. ^ "The EBA updates list of other systemically important institutions". European Banking Authority. 15 May 2025.
  2. ^ a b "Register". Hungarian National Bank. Retrieved 16 March 2026.
  3. ^ "Polgári Bank to Be Absorbed by MagNet Bank in Hungary". XpatLoop. 12 January 2026.
  4. ^ "The EBA updates list of third-country groups and branches operating in the European Union and the European Economic Area", European Banking Authority, 13 October 2025
  5. ^ "Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms - Current consolidated version - Article 2", EUR-Lex, p. L 176/350, 17 January 2025