Created by Anna Mileiko 
Magyar Cetelem Bank was established in 1995 by Cetelem SA (France) and in 2001 became a member of BNP Paribas Group (France). Magyar Cetelem Bank specializes in retail consumer lending, providing loans for purchase of goods covering a broad range of durable consumer goods.
In 2022, Magyar Cetelem Bank Zrt achieved the position of 30th largest bank in Hungary with a market share of 0.16%; its total assets grew by 6.21%.
Additionally, the bank became the 5th profitable bank in relation to its total assets showcasing 1.81% return on assets and 5.73% return on equity in 2022.
Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Magyar Cetelem Bank Zrt.
Magyar Cetelem Bank Zrt is the 30th largest bank in Hungary in terms of total assets. In 2022 its total assets were 106,47 bln HUF, providing the bank with the market share of 0.16%. In 2022 the bank's net income was 1 871,40 mln HUF.
National Deposit Insurance Fund (NDIF)Magyar Cetelem Bank Zrt participates in the deposit guarantee scheme of Hungary which 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. Magyar Cetelem Bank Zrt is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.
BNP Paribas (France)Magyar Cetelem Bank Zrt is a member of BNP Paribas (France).
Teréz körút 55-57., 1062, Budapest 06. ker., Hungary
https://www.cetelem.hu/Magyar Cetelem Bank Zrt is headquartered in Budapest 06. Ker..
Magyar Cetelem Bank Zrt is authorized and supervised by the Magyar Nemzeti Bank.
