Erste Bank (Hungary) is one of the major banks in Hungary. Erste Bank (Hungary) operates as a universal bank prodiving a broad range of retail, private, corporate and investment banking products and services to private individuals, SMEs and large corporations, municipalities, public sector and NGOs.
Erste Bank is the 4th largest bank in Hungary in terms of total assets. In 2018 its total assets were 2 458,76 bln HUF. In 2018 the bank's net income was 57 500,07 mln HUF.
Erste Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade).
Erste Bank participates in the deposit guarantee scheme of Hungary. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities and covers up to up to 100,000 EUR per bank per depositor. Erste Bank is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.
Erste Bank is a member of Erste Group (Austria).
Erste Bank is headquartered in Budapest.
Erste Bank is authorized and supervised by the Magyar Nemzeti Bank.