Magyar Cetelem Bank Zártkörûen Mûködõ Rt.

Established in 1995, Magyar Cetelem Bank specializes in consumer lending activities.

In 2015 total assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. were 105,87 bln HUF. In 2015 the bank's net income was 12 071,00 mln HUF.

Total Assets (2015)
105.87 bln HUF  (+18.52%)
Net Income (2015)
12 071.00 mln HUF  (+23.46%)

Magyar Cetelem Bank Zártkörûen Mûködõ Rt. participates in deposit guarantee scheme of Hungary. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Magyar Cetelem Bank Zártkörûen Mûködõ Rt. is a member of BNP Paribas (France). Magyar Cetelem Bank Zártkörûen Mûködõ Rt. is headquartered in Budapest.

Member of Group
 BNP Paribas (France)

Address
Csalogány u. 47-49., 1024, Budapest, Hungary
Website
https://www.cetelem.hu/
MFI ID
HU12201923

Financial Positions

Total Assets (2015)
105.87 bln HUF  (+18.52%)
Total Equity (2015)
19 867.00 mln HUF  (+6.47%)

In 2015 total assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. were 105.87 bln HUF. Growth compared to the previous period (2014) was 18.52%. The evolution of the total assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. is shown at Chart 1 below.

Total Assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt.. Chart 1. Total Assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt..

Recent changes in total assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. and its main components are shown in Table 1.

2014 2015 % change
Cash and deposits with Central Banks 2.6 1.1 -56.33%
Loans 75.8 80.1 +5.71%
Debt securities 0.1 0.1 +3.57%
Total Assets 89.3 105.9 +18.52%
Table 1. Recent changes in total assets of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. (bln HUF).

Recent changes in total liabilities of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. and its main components are shown in Table 2.

2014 2015 % change
Deposits from other clients 2.0 6.5 +218.24%
Deposits from financial institutions 0.0 0.0 0.00%
Total Liabilities 89.3 105.9 +18.52%
Table 2. Recent changes in total liabilities of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. (bln HUF).

Profit and Loss

Net Income (2015)
12 071.00 mln HUF  (+23.46%)

Recent changes in gross profit of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. and its main components are shown in Table 3.

2014 2015 % change
Net Interest Income 18 575.0 19 477.0 +4.86%
Interest Income 21 465.0 22 073.0 +2.83%
Interest Charges -2 890.0 -2 596.0 -10.17%
Net Commission Income 3 175.0 3 206.0 +0.98%
Table 3. Recent changes in gross profit of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. (mln HUF).

In 2015 net income of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. was 12 071.00 mln HUF. Growth compared to the previous period (2014) was 23.46%. The evolution of the net income of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. is shown at Chart 2 below.

Net Income of Magyar Cetelem Bank Zártkörûen Mûködõ Rt.. Chart 2. Net Income of Magyar Cetelem Bank Zártkörûen Mûködõ Rt..

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Hungary are obliged to participate in Hungarian deposit guarantee scheme.

In the case of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  HUF

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Magyar Cetelem Bank Zártkörûen Mûködõ Rt. is shown in the table below.

MFI ID  HU12201923